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10/19/2013

Online-to-offline payments company Marqeta is seeing a bright future, and it’s made of plastic. The Emeryville, Calif.-based startup recently closed a $3 million round of funding, bringing its total funding to $25 million, and entered a partnership with The Bancorp to bring Marqeta’s +M technology to the white-label bank’s prepaid product line. +M allows for the information from multiple cards to be stored on one physical card.

05/17/2013

Loyalty and payments startup Marqeta has raised $14 million and announced that it will power the Facebook Card. Marqeta blurs the lines between online and offline commerce with its “pay in advance” approach. Consumers make their purchases online through the platform, and Marqeta sends them a free card to swipe when picking up their purchase. Retailers use the platform to offer perks like gifting, loyalty, promotions, cash back offers, charitable donations, and so on. Customers earn rewards as they use their card and Marqeta keeps tracks of all that information in one place. This system saves consumers money and offers retailers a channel for loyalty and marketing campaigns.

05/16/2013

Customer loyalty programs and gift cards are essentially broken – for every merchant not named Starbucks, that is. Nearly 25 percent of the coffee house’s revenue comes from the purchase of food and beverages using pre-paid gift and loyalty cards (or apps). For everyone else, it’s nearly impossible to get a consumer to register a gift card or provide complete and accurate identity information when they do.

05/16/2013

Commerce and payments platform Marqeta raised $14 million in Series B funding to introduce new platform features and aggressively expand its national footprint this year. “Since our launch in 2010, Marqeta’s technology has advanced significantly, leading to new national partnerships and successful adoption of our +M Platform,” said Jason Gardner, founder and CEO of Marqeta. “This new round of funding will help us push further into the payments ecosystem with our network-of-networks approach to merchants, consumers, and enterprise partners.”

05/16/2013

The flood of new loyalty and payment startups that littered much of last summer’s hyperlocal industry news cycle seems to have dried up, with only a handful of companies — namely, Square, Belly, FiveStars and LevelUp — making it to a meaningful second or third round of funding. Add Marqeta to that list as well, however. The maker of a branded and white-labeled prepaid loyalty network announced that it closed a $14 million series A round led by Greylock Partners this morning, and revealed that its technology underpins the Facebook Card — the social network’s most recent stab at gifting.

05/16/2013

EMERYVILLE, Calif.--(BUSINESS WIRE)--Marqeta, a leading commerce and payments platform, today announced $14 million in Series B funding to introduce new platform features and aggressively expand its national footprint this year. The latest round of capital was led by a consortium of investors that included existing investors, Greylock IL (an affiliate fund of Greylock Partners), Granite Ventures, new investor Commerce Ventures, and a number of leading new angel and unnamed strategic investors.

05/16/2013

Online-to-offline payments and loyalty programs are becoming an increasingly hot space. Back in January, Facebook unveiled its very own Facebook Card, a reloadable gift card of sorts that can store multiple balances and makes it easier for consumers to send friends “gift cards” via Facebook. Now, it turns out that the Facebook Card is powered by Marqeta’s +M platform. Marqeta announced Thursday that it has raised $14 million in a Series B round from existing investors Greylock IL (an affiliate fund of Greylock Partners) and Granite Ventures, as well as new investor Commerce Ventures, and several angel investors and unnamed strategic investors.

05/16/2013

Marqeta, a payments platform that rewards users with additional in-store credit for prepaying online, announced today that it has raised a $14 million Series B round of funding. Existing investors Greylock IL, an affiliate fund of Greylock Partners, and Granite Ventures led the round alongside new participant Commerce Ventures and a number of other unnamed angel and strategic investors.

03/02/2013

EMERYVILLE, Calif.--(BUSINESS WIRE)-- Marqeta has been named as a finalist for a 2013 Innovator Award in the category of Best Prepaid. One of five finalists in their category, Marqeta is being recognized as a leader in the payments industry.

03/01/2013

(Loyalty 360) - Jamba Juice Co. wanted to take its Sip to Support community fundraising and customer loyalty program to the next level. Enter Marqeta, an online-to-offline commerce and payments platform. Together, the new partnership announced major enhancements for Sip to Support through enhanced resources and technology.

02/22/2013

EMERYVILLE, Calif.--(BUSINESS WIRE)--Due to rapid growth and extensive participation in the program, Jamba® has chosen to partner with Marqeta, an online-to-offline commerce and payments platform, to provide the enhanced resources and technology necessary to take the program to the next level.

12/21/2012

OAKLAND, Calif.--(BUSINESS WIRE)--Leading Oakland business organizations and local start-up Marqeta have come together to launch Explore Oakland, a resounding answer to Mayor Jean Quan’s call to support Oakland’s economy. Hailed by the New York Times as the fifth most desirable place in the world to visit in 2012, Oakland is especially recognized for its “new restaurants and bars.”

12/07/2012

(MercuryNews.com) - This holiday season, the message from Mayor Jean Quan's office on down to merchants and shoppers is coming across loud and clear -- shop local and put your money where your home is.

11/23/2012

(OaklandLocal.com) - Omri Dahan, Marqeta's Chief Revenue Officer, talks about how Marqeta's support of Oakland is reflected in Marqeta's new offer "Explore Oakland" - giving consumers 25% more money to spend at Oakland's best restaurants, keeping dollars local and supporting Great Oakland Public Schools.

10/09/2012

(GigaOm) - Marqeta is trying to give merchants a Starbucks card-like approach to loyalty with a new card-based system that lets people preload cash on to a Marqeta card for a specific merchant, who throws in extra cash as a reward.

09/19/2012

EMERYVILLE, Calif.--(BUSINESS WIRE)--A team of payments and retail experts today formally announced Marqeta- an online-to-offline payments and commerce platform that makes the successful Starbucks loyalty model possible for nearly every merchant in the country, without any new software or hardware at the point of sale.

For media inquiries, please contact Serena Hom, Director of Marketing: shom@marqeta.com.