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Marqeta Inc - MQ STOCK NEWS

Welcome to our dedicated news page for Marqeta (Ticker: MQ), a resource for investors and traders seeking the latest updates and insights on Marqeta.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Marqeta's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Marqeta's position in the market.

Rhea-AI Summary
Marqeta (MQ) partners with Credi2 to create a card-led instalment platform for European banks. The partnership aims to meet the growing demand for flexible and seamless digital payment experiences, with the BNPL market forecasted to become a €300 billion industry in Europe by 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
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none
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Rhea-AI Summary
Marqeta, Inc. (NASDAQ: MQ) to Host Investor Day and Conference Call on November 10, 2023, with CEO Simon Khalaf and CFO Mike Milotich. Investor Day materials to be published on the company's Investor Relations website at 4:30 ET. Webcast of the conference call will be available on https://investors.marqeta.com/
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
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none
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Rhea-AI Summary
Marqeta, Inc. (NASDAQ: MQ) reported $57 billion in total processing volume with net revenue of $109 million in Q3 2023. The company announced new business updates and a decrease in net revenue due to a contract renewal with Cash App, impacting gross profit and net loss.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.69%
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Rhea-AI Summary
Marqeta introduces a new credit card issuing platform that allows brands to create personalized credit cards with tailored rewards. The platform aims to revolutionize the credit card experience and increase customer engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
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none
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Rhea-AI Summary
38% of UK consumers have used Buy Now, Pay Later (BNPL) services in the last 12 months, with the percentage increasing to 61% among 26-34 year olds, according to a survey by Marqeta. Consumers are interested in using BNPL to build their credit profile. 53% of UK respondents are now routinely using credit cards to make ends meet. 46% of UK respondents who have applied for a credit card in the past 12 months had their applications denied. Consumers are turning to BNPL services as a tool to help build credit and secure access to additional credit services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
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none
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Rhea-AI Summary
According to a survey by Marqeta, 36% of US consumers plan to apply for a new credit card in the next year, with that number rising to 55% among 18-44 year olds. 74% of consumers surveyed said there is room to personalize rewards based on spending habits. 62% of consumers with a co-branded card consider themselves a customer of the brand or store instead of the bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
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none
Rhea-AI Summary
Motive has issued over 35,000 Motive Cards since its launch in April 2022. Customers can save up to 10% through operational efficiency gains, fuel and maintenance discounts, and telematics-backed fraud reduction. Motive chose Marqeta as its fleet card issuer. Motive serves over 120,000 customers across various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.89%
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none
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Rhea-AI Summary
Marqeta announces partnership with Scalapay to issue cards for online and in-store transactions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
partnership
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Rhea-AI Summary
Marqeta announces partnerships with Extend and Financeit to provide seamless payments experiences for retailers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
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none
Rhea-AI Summary
Marqeta, Inc. to discuss Q3 2023 financial results in conference call on November 7, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
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Marqeta Inc

Nasdaq:MQ

MQ Rankings

MQ Stock Data

2.80B
355.25M
1.05%
80.29%
2.6%
Data Processing, Hosting, and Related Services
Information
Link
US
Oakland

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.