MasterCard (MA), Marqeta Expand Strategic Global Partnership

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Go back to MasterCard (MA), Marqeta Expand Strategic Global Partnership

Mastercard and Marqeta Expand Strategic Global Partnership

October 8, 2020 8:00 AM EDT

Mastercard will make a financial investment in Marqeta as the two companies look to deepen their global partnership and collaboration

OAKLAND, Calif. & PURCHASE, N.Y.--(BUSINESS WIRE)-- Marqeta, the global modern card issuing platform, and Mastercard today announced an extended global partnership to expand into new geographies, open access to new products, and launch additional card programs together. As part of this partnership, Mastercard has also made a financial investment in Marqeta.

This new agreement represents a deeper global collaboration between Marqeta and Mastercard. Since 2014, Marqeta and Mastercard have been... More