Marqeta's $1.2 Billion IPO: What to Know
The financial technology startup may not be a household name, but it has been a key to success for many firms.
Source: morningstar.com
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Key Takeaways From Marqeta's S-1 IPO Paperwork, Including Risk Factors
Meanwhile, Marqeta's current chief people officer, Lori McAdams, is stepping down. Adams plans to stay on until the role is filled. Marqeta earns most of its revenue from interchange Samantha Lee/Business Insider Marqeta operates on a usage-based business model, meaning that the more its customers use its card-issuing tech, the more money it earns. In 2020, its revenue grew 103% year-over-year to $290.3 million. Largely, that growth is a result of the boom in online spending and displacement of cash brought on by the coronavirus pandemic. ...
Source: businessinsider.com
Forget FAANG, Buy These 2 Unstoppable Stocks Instead
Author Bio Taylor Carmichael is a former attorney and filmmaker. He's the author of a line of murder mysteries, including Whodidit in the Supreme Court? and Whodidit With a Senator? The majority of what he knows about stocks he learned right here at the Motley Fool. As we get ready to close the book on 2020, allow me to call out two sectors that will create enormous wealth for investors over the next decade. The first is virtual currencies and digital wallets. Fintech is changing banking and payments forever and Square (NYSE:SQ) is at the center of this revolution. I...
Source: fool.com