US EditionMarqeta’s Processing Volumes Surge 27% on Card Issuance, BNPL and Flex Credential Growth
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Marqeta’s Processing Volumes Surge 27% on Card Issuance, BNPL and Flex Credential Growth
Marqeta’s first quarter results surged across several metrics as new and existing card issuance programs grew on a global stage across debit and credit channels, and the company’s platform gains a tailwind as it enables new BNPL and embedded finance offerings. Total processing volume (TPV) of $84 billion was up by 27%. Forward looking guidance looks for net revenue growth in the range of 13% to 15%. Shares were up 3% in after-hours trading on W…
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