trending Market Intelligence /marketintelligence/en/news-insights/trending/vlhn5ayn1yksfn4_d16uga2 content esgSubNav
In This List

US fintech startup Marqeta gets $45M boost from Goldman Sachs, other investors

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


US fintech startup Marqeta gets $45M boost from Goldman Sachs, other investors

Marqeta raised $45 million in its latest funding round, putting the card issuing startup's total capital to date at $116 million.

The funding round was led by privately held investment firm ICONIQ Capital, with participation from Goldman Sachs Group Inc. and existing investors.

The Oakland, Calif.-based fintech company said it will use the funding to help expedite its domestic and global expansion, as well as further its position as a leader in consumer and commercial card solutions. Marqeta's clients include Instacart, Square, Affirm, Kabbage and Alipay.

Financial Technology Partners was Marqeta's strategic and financial adviser on the transaction. It was also the placement agent for the funding from ICONIQ Capital, which primarily invests in technology growth equity, venture capital, middle market buyout and real estate.