Marqeta, Inc. reports developments tied to its global modern card issuing platform, which enables companies to build and embed card-based financial services through digital, physical and tokenized payment products. Company news commonly covers Total Processing Volume, revenue, gross profit, profitability measures and customer adoption across use cases and geographies.
Recurring updates also include product enhancements for payments infrastructure, such as Real-Time Decisioning and fraud-risk services, along with new customer programs, platform expansion and executive appointments in technology, finance and corporate leadership.
Marqeta (MQ) now enables Square’s business credit card on the American Express Network, expanding its existing card-program relationship with Block.
Square is consolidating its debit, prepaid and credit programs onto Marqeta’s card-issuing and transaction-processing platform. The relationship began in 2019 with the Square Card business debit program. Marqeta’s migration capabilities support moving existing Square accounts and card credentials onto its platform without disrupting the cardholder experience. The Square Credit Card provides sellers with a credit line that grows with their business volume.
Marqeta (NASDAQ: MQ) announced an expanded collaboration with Coinbase to enable businesses to offer cards backed by stablecoin balances.
Coinbase will handle custody and conversion between digital assets and traditional currency, with settlement infrastructure provided by its Base blockchain. Marqeta will provide card issuance and payment processing and manage bank and network relationships. Marqeta already issues crypto-backed cards for Coinbase.
Marqeta (MQ) will discuss its third-quarter 2026 results on a conference call and webcast on November 3, 2026. The call begins at 4:30 p.m. ET and will be hosted by CEO Mike Milotich and CFO Patti Kangwankij. The results release is scheduled for after the market closes that day. A live webcast and replay will be available at https://investors.marqeta.com/.
BVNK and Marqeta (MQ) have formed a partnership to offer stablecoin-backed card capabilities to crypto-native and traditional companies, enabling users to spend digital dollars at millions of merchants via standard payment cards.
The integration lets Marqeta customers embed stablecoin features into wallets, cards and financial products without building their own crypto infrastructure, using BVNK’s regulated platform. Marqeta processed nearly $400 billion in 2025 payments volume, while BVNK supports over $39 billion in annualized payment volume. The collaboration is anchored in Mastercard’s network and aligned with the Open USD stablecoin standard.
Marqeta (NASDAQ: MQ) announced participation in two upcoming investor conferences. CEO Mike Milotich will join a fireside chat at the Goldman Sachs Communacopia + Technology Conference in San Francisco on September 9, 2026, at 3:45pm PT. CFO Patti Kangwankij will speak at the FT Partners Fintech Conference in New York City on September 15, 2026, at 10:00am ET. Live webcasts and replays for both events will be available in the Events section of Marqeta’s investor relations website.
Marqeta (NASDAQ: MQ) appointed Eugenia Gibbons as Chief Product Officer, effective August 31, 2026. She will lead Marqeta’s product organization, overseeing strategy, design and execution across its modern card issuing platform and product suite.
Gibbons joins from Intuit, where she was General Manager of the Consumer Money Business. Her prior roles include senior leadership positions at SoFi Technologies, BBVA, Bank of America, Liberty Mutual Group, Hexacta and Accenture. CEO Mike Milotich highlighted her blend of product leadership, financial services expertise and operating experience to advance Marqeta’s product strategy and support customer success.
Marqeta (NASDAQ: MQ) announced an expanded collaboration with Google to power a new Wallet for kids experience in the U.S., enabling children and teens under 18 to receive and spend allowances digitally without a traditional bank account.
Using Marqeta’s end-to-end card issuing platform, tokenization, and real-time spend controls, Google allows parents to set daily spending limits, view transaction history, receive notifications, and lock or unlock balances while supervised kids use NFC-enabled Android phones and Wear OS devices to tap to pay in stores. According to Marqeta, this builds on years of partnership supporting instant issuance, tokenization, and virtual card capabilities in Google Wallet and Google Pay across Marqeta customer programs.
Riskified (NYSE: RSKD) announced a partnership with Marqeta (NASDAQ: MQ) to integrate Riskified's pre-authorization risk intelligence into Marqeta's modern card issuing platform. Issuers using Marqeta gain enriched, pre-authorization risk data from Riskified's global merchant network to inform card authorization decisions and help reduce false declines.
The integration is designed to support sharper authorization decisions, higher approval rates for legitimate ecommerce transactions, and lower chargebacks, while strengthening Marqeta's AI-powered Real-Time Decisioning offering. Riskified cites prior issuer partnerships showing improved authorization rates and up to 25% fewer false declines, and a merchant example with authorization rising from 82% to 95% and chargebacks cut by over 90%.
Marqeta (NASDAQ: MQ) reported second quarter 2026 Total Processing Volume of $120 billion, up 32% year-over-year, Net Revenue of $176 million and Gross Profit of $122 million, both up 17%. Gross margin was 69%. GAAP Net Income reached $7.6 million (4% margin) versus a loss in 2025, while Adjusted EBITDA was $37 million, up 31% with a 21% margin.
The company highlighted new multinational issuing with Expensify in Europe, stablecoin card capabilities via partnerships with zerohash and BVNK, and enhancements to its Real-Time Decisioning risk product through data collaborations with Adyen, Riskified, and Signifyd. On August 3, 2026, the board authorized a $150 million share repurchase program with no set expiration. Marqeta also completed a one-for-four reverse stock split effective June 30, 2026, and issued guidance for Q3 2026 Net Revenue growth of 6–8% and full-year 2026 Net Revenue growth of 12–13%, Gross Profit growth of 11–12%, and Adjusted EBITDA growth in the low 30% range.
Marqeta (NASDAQ: MQ) announced an expanded collaboration with Expensify, extending their long-standing US card‑issuing relationship into the UK and EU. Expensify is using Marqeta’s modern card issuing platform and multinational capabilities to launch its corporate expense cards for European businesses.
According to Marqeta, the integration lets Expensify offer physical, virtual, and tokenized cards tailored to use cases such as travel, one‑time vendor purchases, and departmental expenses. Expensify can apply cardholder-level spend controls, authorize transactions in real time, and access detailed spend analytics to improve cash flow visibility and budget allocation for European customers.