Marqeta reported a 33% year-over-year increase in total processing volume to $112 billion, driven by growth in credit, buy now pay later (BNPL), and lending products beyond its traditional debit card offerings. CEO Mike Milotich highlighted a shift in demand toward integrated card programs that combine debit, credit, BNPL, and secured credit on a single platform, especially as multinational fintechs expand globally. The company achieved GAAP profitability with $8 million net income in Q1, supported by nearly 60% growth in lending and BNPL volumes. Marqeta expects continued growth despite macroeconomic concerns, as it diversifies its customer base and explores innovations like stablecoin-linked cards.

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Lightspeed Commerce is the top takeover target among three beaten-down payments fintech firms in 2026.

Three payments fintech companies—Payoneer Global, Marqeta, and Lightspeed Commerce—are seen as potential takeover targets amid industry consolidation. Payoneer is the largest but less likely due to its strategic moves and insider selling. Marqeta sho...

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Marqeta shifts focus from debit to credit and BNPL, posting profit amid global card issuing growth.

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Lightspeed Commerce is the top takeover target among three beaten-down payments fintech firms in 2026.

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Marqeta shifts focus from debit to credit and BNPL, posting profit amid global card issuing growth.

More News (MQ)

Lightspeed Commerce is the top takeover target among three beaten-down payments fintech firms in 2026.

Invest & Trade with#1 Award-Winning Investment Super App

iOS App Store

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