

Marqeta’s modern, end-to-end card issuing platform enables Google to expand its Wallet for kids offering, providing a safe, digital-first way for kids to receive and spend allowances without needing a traditional bank

<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Marqeta’s modern, end-to-end card issuing platform enables Google to expand its Wallet for kids offering, providing a safe, digital-first way for kids to receive and spend allowances without needing a traditional bank account.

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
With Marqeta’s tokenization and spend control functionality, Google enables parents in the U.S. to set daily spending limits, monitor transaction history, and lock or unlock the balance while supervised kids and teens use their Android and Wear OS devices to tap to pay in stores.

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Marqeta and Google have long worked together, with Marqeta’s tokenization and virtual card capabilities supporting instant issuance for cards in Google Wallet, including Google Pay, across Marqeta customer programs.

</li>
</ul><p xmlns="http://www.w3.org/1999/xhtml">
Marqeta, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MQ">MQ</a>), the modern card issuing platform, today announced an expansion of its longstanding work with Google to provide a safe, digital-first way for kids and teens under 18 to receive and spend allowances in Google Wallet. With Marqeta’s tokenization and spend control functionality, parents have full visibility into their kid’s account, including transaction history and notifications, plus the ability to set daily limits and lock/unlock the balance.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Google will leverage Marqeta’s modern, end-to-end card issuing platform to expand their ongoing collaboration that began with tokenization and virtual card capabilities supporting instant issuance for cards in Google Wallet across Marqeta programs. With Marqeta&#39;s card issuing infrastructure, Google is able to bring tap to pay technology to the Wallet for kids experience, enabling supervised kids and teens to use their NFC enabled Android phones and Wear OS devices to pay in stores without opening a traditional bank account.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Google is committed to building products that serve the entire family, and that starts with giving younger users safe, practical tools to learn about money," said Stavan Parikh, VP and General Manager of Payments, Google. "Marqeta has been a trusted partner for many years, and we’re excited to build on that foundation with a new feature designed for families."

</p><p xmlns="http://www.w3.org/1999/xhtml">
With its modern, flexible card issuing platform, Marqeta makes it possible for global innovators like Google to offer payment experiences tailored to their customers’ needs. Marqeta’s end-to-end platform offers card issuing, tokenization, program management, and real-time spend controls, enabling Google to bring a differentiated family payments experience to market quickly and at scale, while leveraging Google’s broader platform advantages across Android and Google Pay.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"With Marqeta’s end-to-end platform, Google is leveraging our industry-leading payments technology to unlock new value for families across the country," said Todd Pollak, Chief Revenue Officer, Marqeta. "This program reflects what Marqeta’s platform is built for: helping the world’s most innovative companies launch differentiated payment experiences at scale. We look forward to our continued collaboration with Google, empowering the next generation with smart, accessible financial tools."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Marqeta</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Marqeta makes it possible for companies to build and embed financial services into their branded experience—and unlock new ways to grow their business and delight users. The Marqeta platform puts businesses in control of building financial solutions, enabling them to turn real-time data into personalized, optimized solutions for everything from consumer loyalty to capital efficiency. With compliance and security built-in, Marqeta’s platform has been proven at scale, processing nearly $400 billion in annual payments volume in 2025. Marqeta is certified to operate in more than 40 countries worldwide. Marqeta is not a bank, a lender or a money transmitter. Marqeta provides a technology platform to enable its customers to build out products using services offered by its bank or licensed partners. Visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marqeta.com&amp;esheet=54584761&amp;newsitemid=20260806860273&amp;lan=en-US&amp;anchor=www.marqeta.com&amp;index=1&amp;md5=5014c6def3f49b95458fd17cd4587eaf" shape="rect">www.marqeta.com</a> to learn more.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, Marqeta’s products and services and the benefits those products and services may provide to consumers; statements relating to the launch and performance of new programs and partnerships; and statements made by Marqeta’s senior leadership. In some cases, these forward-looking statements can be identified by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Actual results may differ materially from the expectations contained in these statements due to risks and uncertainties, including those risks and uncertainties included in the "Risk Factors" disclosed in Marqeta’s Annual Report on Form 10-K, as may be updated from time to time in Marqeta’s periodic filings with the SEC, available at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54584761&amp;newsitemid=20260806860273&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=1088579f2b143401a7f902fc4a8c2ea4" shape="rect">www.sec.gov</a> and Marqeta’s website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Finvestors.marqeta.com&amp;esheet=54584761&amp;newsitemid=20260806860273&amp;lan=en-US&amp;anchor=http%3A%2F%2Finvestors.marqeta.com&amp;index=3&amp;md5=313ad54e8476b3f59459af8e2060ae2c" shape="rect">http://investors.marqeta.com</a>. The forward-looking statements in this press release are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260806860273r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260806860273/en/" rel="nofollow">https://www.businesswire.com/news/home/20260806860273/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Media Contact
<br xmlns="http://www.w3.org/1999/xhtml"></br>Jessica Miller
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:press@marqeta.com" shape="rect">press@marqeta.com</a>

</p>

Marqeta Expands Collaboration with Google to Launch New Offering in Wallet for Kids

Marqeta expands Google Wallet for kids, signaling potential revenue uplift

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Marqeta’s modern, end-to-end card issuing platform enables Google to expand its Wallet for kids offering, providing a safe, digital-first way for kids to receive and spend allowances without needing a traditional bank</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Marqeta expands its long-standing partnership with Google to power a kids-focused Google Wallet feature, enabling under-18 users to receive and spend allowances with real-time spend controls. The platform&#039;s tokenization and instant issuance capabilities provide parents visibility and safety, while the venture underscores Marqeta&#039;s scale—processing nearly $400B in annual payments in 2025 across 40+ countries.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Marqeta expands Google Wallet for kids with tokenization and spend controls.</li><li>Parents can set daily limits and view transaction history.</li><li>Google and Marqeta support instant issuance for Google Wallet.</li><li>Marqeta processes nearly $400 billion in annual payments in 2025.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Marqeta, Inc. (MQ)</strong>: Expansion with Google could lift revenue visibility and platform adoption.</li><li><strong>Alphabet Inc. (GOOGL)</strong>: Google is a major customer; expansion may boost MQ volumes and visibility.</li><li><strong>Alphabet Inc. (GOOG)</strong>: Google’s involvement through GOOG could similarly influence MQ sentiment and expectations.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article describes a strategic partnership expansion with a major tech company, signaling potential monetization and scale benefits for MQ from large enterprise customers.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Expanded Google tie-up may lift MQ&#039;s platform adoption and services revenue.</li><li>Immediate impact uncertain; longer-term upside if Google scales family payments.</li><li>Alphabet exposure through GOOGL/GOOG could reflect on MQ sentiment.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>MQ ticker on NASDAQ.</li><li>Announced Aug 6, 2026 press release.</li><li>Google Wallet kids expansion uses tokenization and spend controls.</li><li>Daily limits, history, lock/unlock balance supported on Android and Wear OS.</li><li>Marqeta is not a bank; end-to-end card issuing platform; processes nearly $400B in annual payments in 2025.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish near-term catalyst; incremental revenue visibility from Google Kids Wallet expansion over 6–12 months.</p>
  </section>
</section>


<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Marqeta’s modern, end-to-end card issuing platform enables Google to expand its Wallet for kids offering, providing a safe, digital-first way for kids to receive and spend allowances without needing a traditional bank account.

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
With Marqeta’s tokenization and spend control functionality, Google enables parents in the U.S. to set daily spending limits, monitor transaction history, and lock or unlock the balance while supervised kids and teens use their Android and Wear OS devices to tap to pay in stores.

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Marqeta and Google have long worked together, with Marqeta’s tokenization and virtual card capabilities supporting instant issuance for cards in Google Wallet, including Google Pay, across Marqeta customer programs.

</li>
</ul><p xmlns="http://www.w3.org/1999/xhtml">
Marqeta, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MQ">MQ</a>), the modern card issuing platform, today announced an expansion of its longstanding work with Google to provide a safe, digital-first way for kids and teens under 18 to receive and spend allowances in Google Wallet. With Marqeta’s tokenization and spend control functionality, parents have full visibility into their kid’s account, including transaction history and notifications, plus the ability to set daily limits and lock/unlock the balance.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Google will leverage Marqeta’s modern, end-to-end card issuing platform to expand their ongoing collaboration that began with tokenization and virtual card capabilities supporting instant issuance for cards in Google Wallet across Marqeta programs. With Marqeta&#39;s card issuing infrastructure, Google is able to bring tap to pay technology to the Wallet for kids experience, enabling supervised kids and teens to use their NFC enabled Android phones and Wear OS devices to pay in stores without opening a traditional bank account.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Google is committed to building products that serve the entire family, and that starts with giving younger users safe, practical tools to learn about money," said Stavan Parikh, VP and General Manager of Payments, Google. "Marqeta has been a trusted partner for many years, and we’re excited to build on that foundation with a new feature designed for families."

</p><p xmlns="http://www.w3.org/1999/xhtml">
With its modern, flexible card issuing platform, Marqeta makes it possible for global innovators like Google to offer payment experiences tailored to their customers’ needs. Marqeta’s end-to-end platform offers card issuing, tokenization, program management, and real-time spend controls, enabling Google to bring a differentiated family payments experience to market quickly and at scale, while leveraging Google’s broader platform advantages across Android and Google Pay.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"With Marqeta’s end-to-end platform, Google is leveraging our industry-leading payments technology to unlock new value for families across the country," said Todd Pollak, Chief Revenue Officer, Marqeta. "This program reflects what Marqeta’s platform is built for: helping the world’s most innovative companies launch differentiated payment experiences at scale. We look forward to our continued collaboration with Google, empowering the next generation with smart, accessible financial tools."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Marqeta</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Marqeta makes it possible for companies to build and embed financial services into their branded experience—and unlock new ways to grow their business and delight users. The Marqeta platform puts businesses in control of building financial solutions, enabling them to turn real-time data into personalized, optimized solutions for everything from consumer loyalty to capital efficiency. With compliance and security built-in, Marqeta’s platform has been proven at scale, processing nearly $400 billion in annual payments volume in 2025. Marqeta is certified to operate in more than 40 countries worldwide. Marqeta is not a bank, a lender or a money transmitter. Marqeta provides a technology platform to enable its customers to build out products using services offered by its bank or licensed partners. Visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marqeta.com&amp;esheet=54584761&amp;newsitemid=20260806860273&amp;lan=en-US&amp;anchor=www.marqeta.com&amp;index=1&amp;md5=5014c6def3f49b95458fd17cd4587eaf" shape="rect">www.marqeta.com</a> to learn more.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, Marqeta’s products and services and the benefits those products and services may provide to consumers; statements relating to the launch and performance of new programs and partnerships; and statements made by Marqeta’s senior leadership. In some cases, these forward-looking statements can be identified by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Actual results may differ materially from the expectations contained in these statements due to risks and uncertainties, including those risks and uncertainties included in the "Risk Factors" disclosed in Marqeta’s Annual Report on Form 10-K, as may be updated from time to time in Marqeta’s periodic filings with the SEC, available at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54584761&amp;newsitemid=20260806860273&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=1088579f2b143401a7f902fc4a8c2ea4" shape="rect">www.sec.gov</a> and Marqeta’s website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Finvestors.marqeta.com&amp;esheet=54584761&amp;newsitemid=20260806860273&amp;lan=en-US&amp;anchor=http%3A%2F%2Finvestors.marqeta.com&amp;index=3&amp;md5=313ad54e8476b3f59459af8e2060ae2c" shape="rect">http://investors.marqeta.com</a>. The forward-looking statements in this press release are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260806860273r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260806860273/en/" rel="nofollow">https://www.businesswire.com/news/home/20260806860273/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Media Contact
<br xmlns="http://www.w3.org/1999/xhtml"></br>Jessica Miller
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:press@marqeta.com" shape="rect">press@marqeta.com</a>

</p>

Marqeta expands its long-standing partnership with Google to power a kids-focused Google Wallet feature, enabling under-18 users to receive and spend allowances with real-time spend controls. The platform's tokenization and instant issuance capabilities provide parents visibility and safety, while the venture underscores Marqeta's scale—processing nearly $400B in annual payments in 2025 across 40+ countries.

News insight

Marqeta Expands Collaboration with Google to Launch New Offering in Wallet for Kids

AI summary

Sentiment rationale

Key facts

Corporate Developments