Marqeta buys fintech Power Finance in $275M all-cash deal, its first acquisition
New York-based Power Finance has raised a total of $16.1 million in venture funding since its 2021 inception.
Source: techcrunch.com
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Marqeta Announces Agreement To Acquire Power Finance, Inc.
The acquisition of Power Finance, a modern credit card program management platform, strengthens Marqeta’s credit capabilities and enhances its leadership in modern card issuing across all card... | January 30, 2023
Source: marketscreener.com
Marqeta makes a $275 million bet on embedded finance
The company's first-ever acquisition, of Power Finance, will allow it to fuel a banking-as-a-service model for credit cards and other financial products under the direction of its new CEO, Simon Khalaf.
Source: americanbanker.com
Marqeta acquires financial technology startup Power Finance in $223M+ deal
Marqeta acquires financial technology startup Power Finance in $223M+ deal - SiliconANGLE
Source: siliconangle.com
Deloitte and Marqeta Announce Alliance to Accelerate Payment Modernization
/PRNewswire/ -- Deloitte and Marqeta, the global modern card issuing platform, today announced a strategic alliance to provide innovative payment solutions and...
Source: prnewswire.com