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Marqeta Announces Global Expansion of Uber Eats Partnership into Eight Markets

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Marqeta (NASDAQ: MQ) announced the global expansion of its partnership with Uber Eats into eight new markets, including Canada, Australia, Mexico, Brazil, Colombia, Peru, Chile, and Costa Rica. This expansion showcases Marqeta's platform's global reach and ongoing partnership with Uber, allowing them to launch card products in over 40 markets through a single integration, reducing time-to-market for subsequent launches. The partnership aims to provide Uber with the latest digital payment tools to enhance their services and support growth in new and existing markets.

Marqeta (NASDAQ: MQ) ha annunciato l'espansione globale della sua collaborazione con Uber Eats in otto nuovi mercati, tra cui Canada, Australia, Messico, Brasile, Colombia, Perù, Cile e Costa Rica. Questa espansione dimostra la portata globale della piattaforma di Marqeta e la sua continua collaborazione con Uber, permettendo di lanciare prodotti di pagamento in oltre 40 mercati attraverso un'unica integrazione, riducendo i tempi di lancio per le nuove iniziative. La partnership ha l'obiettivo di fornire a Uber gli strumenti di pagamento digitali più avanzati per migliorare i loro servizi e supportare la crescita in mercati nuovi ed esistenti.
Marqeta (NASDAQ: MQ) anunció la expansión global de su asociación con Uber Eats en ocho nuevos mercados, incluyendo Canadá, Australia, México, Brasil, Colombia, Perú, Chile y Costa Rica. Esta expansión muestra el alcance global de la plataforma de Marqeta y su continua asociación con Uber, permitiéndoles lanzar productos de tarjetas en más de 40 mercados mediante una sola integración, reduciendo el tiempo de lanzamiento para nuevas aperturas. La asociación busca proporcionar a Uber las herramientas de pago digital más recientes para mejorar sus servicios y apoyar el crecimiento en mercados nuevos y existentes.
Marqeta (나스닥: MQ)는 Uber Eats와의 파트너십을 캐나다, 호주, 멕시코, 브라질, 콜롬비아, 페루, 칠레 및 코스타리카를 포함한 8개의 새로운 시장으로 세계적으로 확장한다고 발표했습니다. 이 확장은 Marqeta 플랫폼의 글로벌 영향력과 Uber와의 지속적인 파트너십을 보여주며, 단일 통합을 통해 40개 이상의 시장에서 카드 제품을 출시할 수 있게 하여 향후 출시에 소요되는 시간을 줄입니다. 이 파트너십은 Uber에 최신 디지털 결제 도구를 제공하여 서비스를 향상시키고 기존 시장과 새로운 시장에서의 성장을 지원하는 것을 목표로 합니다.
Marqeta (NASDAQ: MQ) a annoncé l'expansion mondiale de son partenariat avec Uber Eats dans huit nouveaux marchés, incluant le Canada, l'Australie, le Mexique, le Brésil, la Colombie, le Pérou, le Chili et le Costa Rica. Cette expansion met en évidence la portée globale de la plateforme de Marqeta et son partenariat continu avec Uber, permettant de lancer des produits de carte dans plus de 40 marchés grâce à une intégration unique, réduisant le temps de mise sur le marché pour les lancements ultérieurs. Le partenariat vise à fournir à Uber les outils de paiement numérique les plus récents pour améliorer leurs services et soutenir la croissance dans les marchés nouveaux et existants.
Marqeta (NASDAQ: MQ) hat die globale Expansion seiner Partnerschaft mit Uber Eats in acht neue Märkte bekannt gegeben, einschließlich Kanada, Australien, Mexiko, Brasilien, Kolumbien, Peru, Chile und Costa Rica. Diese Erweiterung zeigt die globale Reichweite der Marqeta-Plattform und die fortlaufende Partnerschaft mit Uber, indem sie es ermöglicht, Kartenprodukte in über 40 Märkten durch eine einzige Integration zu starten, wodurch die Markteinführungszeit für nachfolgende Starts reduziert wird. Die Partnerschaft zielt darauf ab, Uber mit den neuesten digitalen Zahlungstools zu versorgen, um ihre Dienstleistungen zu verbessern und das Wachstum in neuen und bestehenden Märkten zu unterstützen.
Positive

  • Marqeta's expanded partnership with Uber Eats into eight additional markets demonstrates the global reach of Marqeta's platform.

  • The ability to launch card products in over 40 markets through a single integration reduces effort and time-to-market for subsequent launches.

  • The partnership with Uber aims to provide couriers with the latest digital payment tools to help them earn more, supporting Uber's growth and expansion in new and existing markets.

Negative
  • None.

Marqeta will help power Uber Eats in major markets around the world, showcasing the global reach of Marqeta’s platform and ongoing partnership with Uber

OAKLAND, Calif.--(BUSINESS WIRE)-- Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced the expansion of its US partnership with Uber Eats into eight additional markets: Canada, Australia, Mexico, Brazil, Colombia, Peru, Chile and Costa Rica. Marqeta’s global platform allows customers to launch card products in more than 40 markets through a single integration. This scale helps partners such as Uber Eats reduce effort and time-to-market for subsequent launches.

“As Uber continues to grow our platform and expand services in new and existing markets, a sophisticated partner is critical,” said Karl Hébert, Vice President of Payments, Risk, and Identity at Uber. “We’re pleased to continue our work with Marqeta, leveraging their global scale, to allow us to easily launch card programs in new markets and to continue to provide our couriers with the latest digital payments tools to help them earn more.”

Since Marqeta began partnering with Uber in 2020, the Marqeta team has supported Uber’s growth across several new projects in the US, including the Uber Pro Card via Marqeta’s partnership with Branch. Through this partnership and multi-market expansion, the Marqeta team can help Uber bring on more merchants and engage more users.

“When thinking of a magical payment experience, Uber is one of the first examples that come to mind. We’re proud to celebrate over three years of working together in the US, and are excited to help grow their Eats business in these additional markets,” said Simon Khalaf, CEO, Marqeta. “We look forward to continuing our partnership and launching more innovative products and services to help Uber achieve its goals of getting people what they need more easily and helping couriers earn more.”

About Marqeta (NASDAQ: MQ)

Marqeta’s modern card issuing platform empowers its customers to create customized and innovative payment cards and embedded finance offerings. Marqeta’s platform, powered by open APIs, gives its customers the ability to build more configurable and flexible payment experiences, accelerating product development and democratizing access to card issuing technology. Its modern architecture provides instant access to highly scalable, cloud-based payment infrastructure that enables customers to launch and manage their own card programs, issue cards and authorize and settle transactions. Marqeta is headquartered in Oakland, California and is certified to operate in more than 40 countries globally. For more information, visit www.marqeta.com, Twitter and LinkedIn.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, quotations and statements relating to changing consumer preferences; increasing consumer adoption of certain digital payment methods, products, and solutions; which payment, banking, and financial services products and solutions may succeed; technological and market trends; Marqeta’s business and growth; Marqeta’s products and services; and statements made by Marqeta’s senior leadership. Actual results may differ materially from the expectations contained in these statements due to risks and uncertainties, including, but not limited to, the following: any factors creating issues with changes in domestic and international business, market, financial, political and legal conditions; and those risks and uncertainties included in the “Risk Factors” disclosed in Marqeta's Annual Report on Form 10-K, as may be updated from time to time in Marqeta’s periodic filings with the SEC, available at www.sec.gov and Marqeta’s website at http://investors.marqeta.com. The forward-looking statements in this press release are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law.

James Robinson

530-913-0844

jrobinson@marqeta.com

Source: Marqeta

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Marqeta, Inc.

NASDAQ:MQ

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About MQ

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. companies can build, issue and deploy innovative payment, finance and commerce solutions with enormous control over what, where, and how purchases are authorized. adopters of the marqeta platform include leading financial services, e-commerce, retail, and social media brands. engineered in california, the marqeta platform integrates with visa, mastercard and discover and makes it easier than ever to make payments, receive payments, reward customers and create more efficient business processes. learn more at http://www.marqeta.com.