Marqeta Enterprise Card and Embedded Payments Growth
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On November 5, 2026, Marqeta’s chief executive said that large enterprises are deepening customer engagement by issuing payment cards and providing embedded services, while directing users to their own applications and platforms. The company’s third-quarter net income was $115.4 million, net processing volume grew 29% year over year to $126.5 billion, and revenue was $176.2 million. Recently, Marqeta partnered with Coinbase to launch a payment card supporting stablecoins, and partnered with Block to launch a commercial credit card for Square sellers.
AI-written from reports · updated 1 hour ago
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- Payments DiveMarqeta CEO says large enterprises are deepening customer engagement through payment cards
Marqeta CEO said large enterprises are deepening customer engagement by issuing payment cards and offering embedded services, while directing users to their own apps and platforms. The company’s third-quarter net income was $115.4 million, total processing volume grew 29% year over year to $126.5 billion, and revenue was $176.2 million. Marqeta recently partnered with Coinbase to launch a stablecoin-backed payment card, and with Block to launch a commercial credit card for Square sellers.
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