Marqeta, Inc. engages in the creation of a digital payment technology. The company is headquartered in Oakland, California and currently employs 958 full-time employees. The company went IPO on 2021-06-09. The firm provides a single, global, cloud-based, open API platform for modern card issuing and transaction processing. The company works with companies in a range of different configurations, such as Managed By Marqeta and Powered By Marqeta. With Managed By Marqeta, the Company provides an issuing bank partner to act as the bank identification number; sponsor for the customer’s card program; manages the customer’s card program on behalf of the issuing bank, and provides a full-range of services, including configuring many of the critical resources required by a customer’s production environment. With Powered By Marqeta, it provides payment processing, and assists with certain configuration elements that enable the customer to use the platform independently. The company serves customers in multiple industry verticals, including on-demand services, online marketplaces, and digital banking.