Marqeta Inc vs Royal Bank of Canada — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while Royal Bank of Canada trades at $210.37 (market cap $289.51B). The key difference: Royal Bank of Canada is far larger — about 156.5× Marqeta Inc's market cap, and Royal Bank of Canada pays a 2.42% dividend while Marqeta Inc pays none. Which is the better fit depends on your goals.
| MQ | RY | |
|---|---|---|
Market Cap | $1.85B | $289.51B |
Sector | Technology | Financials |
52-Week High | $27.32 | $217.87 |
52-Week Low | $15.04 | $128.46 |
Enterprise Value | $1.15B | — |
Dividend Yield | — | 2.42% |
Trailing returns across standard periods
Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.
Read more on MQ →Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →