OAKLAND, CA, Marqueta has announced a Series D funding round worth $25 million, led by Visa.
According to a blog post, Marqueta has announced a "Series D funding round worth $25 million, led by Visa and with participation from previous Marqeta investors Commerce Ventures, 83 North, Granite Ventures, IA Capital, and CommerzVentures GmbH, as well as new investor CreditEase, the world's largest alternative lender."
Founded in 2010, Marqeta has re-engineered how payment cards, virtual cards, and mobile authorization products should be developed and deployed. The Marqeta Platform, built from the ground up with no legacy infrastructure, provides the world's first fully documented, open API issuer processor platform. Adopters of The Marqeta Platform include leading financial services, e-commerce, retail, and social media brands.
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