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Marqeta company history timeline

2010

Despite a rough start, Marqeta has had the right idea since its founding in 2010.

2013

Facebook launched it in January 2013 but was disappointed in the sales and shut down the card about a year later.

2014

Gardner chose that approach for Marqeta’s third product and announced it in late 2014.

2015

n the spring of 2015, Jason Gardner, the founder of Marqeta, a payments processor, left a grim board meeting and went for a walk with his lead investor, Arnon Dinur of 83North.

2016

Square went from a $4 billion market value in 2016 to $32 billion today, becoming Marqeta’s largest customer and processing more than $5 billion in volume through Marqeta last year, estimates Brett Winton at Ark Investment Management, a large Square investor.

2019

CashFlows — in 2019 the firm suggested its services to the UK’s BIN sponsorship provider to grow their customers’ card usage and design more advanced spend control tools.

2020

Thanks to these perks, the clients’ loyalty were rooted on a deeper level, and the Marqeta revenue 2020 reached the $290 million mark.

2021

Also in December 2021, the fintech company announced a collaboration with First National Bank of Omaha (FNBO), expanding its network of partners that enable its customers to develop modern credit card systems.

To prove the point, the company is known for making $108 million in Q1, which manifests the 123% revenue 2021 growth compared to the previous year, when it was honored as the 33d on CNBC’s Disruptor 50 ranking.

2022

Alviere — in 2022, it launched a partnership with Alviere which has a money transmitter license.

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Founded
2010
Company founded
Headquarters
Oakland, CA
Company headquarter
Founders
Jason Gardner,Claire Roberts,Lori McAdams,Omri Dahan,Philip Faix "Tripp",Seth Weissman,Vidya Peters
Company founders
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