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Perpay Taps Marqeta To Power Consumer Credit Card

1. Marqeta partners with Perpay to launch a new credit card. 2. The card aims to help users build credit through automated payments.

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FAQ

Why Bullish?

This partnership can increase Marqeta's transaction volumes, enhancing revenue; similar past partnerships have boosted stock performance significantly.

How important is it?

The partnership enhances Marqeta's value proposition, likely generating investor interest and increasing stock price.

Why Short Term?

The immediate market reaction and integration of Perpay may positively affect MQ's stock in the upcoming quarters.

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Celtic Bank
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 it has been selected by Perpay to power the Perpay Credit Card (issued by Celtic Bank), an unsecured credit card designed to help people build or improve their credit by automating payments directly from a paycheck. Perpay migrated to Marqeta's modern credit card platform to build a credit card experience that h.

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