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Marqeta Announces IPO, Consumer Credit Expansion

Days after confidentially filing plans to go public, fintech Marqueta announced it is expanding in the consumer credit space. So reports TechCrunch.

MarqetaThe offering is expected to take place in April with a valuation of around $10 billion. “The company, which provides the tools for financial services platforms of all stripes to provide cards, wallets and other payment mechanisms, counts Cash App, Affirm, DoorDash, and Instacart among its customers,” according to the article. Its newest plans involve a partnership with startup Deserve.

Read the full article from TechCrunch.

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