StockNews.AI
MQ
StockNews.AI
13 days

Marqeta Announces Completion of TransactPay Acquisition

1. Marqeta completes acquisition of TransactPay, enhancing UK and EEA payment capabilities.

M&A
+20.25%Current Return
VS
-0.07%S&P 500
$5.6808/06 04:22 PM EDTEvent Start
$6.8308/07 11:35 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

Acquiring TransactPay expands Marqeta's market reach and improves its service offerings, similar to previous beneficial acquisitions in fintech.

How important is it?

The acquisition could significantly influence MQ's growth trajectory and competitive position in the embedded finance sector.

Why Long Term?

The acquisition positions Marqeta for sustained growth by enhancing its international presence and capabilities over time.

Related Companies

SQPYPLFIS
OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced the successful completion of its acquisition of TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area. As previously announced in February 2025, the acquisition of TransactPay will strengthen M.

Related News