PYMNTS-MonitorEdge-May-2024

Simon Khalaf

Collaboration Can’t Save Marqeta From Q3 Stock Rout
Collaboration Can’t Save Marqeta From Q3 Stock Rout
November 05, 2024  |  Earnings

Card issuing platform Marqeta touted its upcoming collaborations — including a launch with VisaFlex Credential this week — during its third-quarter earnings call on Monday...

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Marqeta Processing Volumes Surge 32%
Marqeta Processing Volumes Surge 32%
August 07, 2024  |  Earnings

Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted...

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Marqeta Processing Volumes Surge 33%; Earned Wage Access Beckons
Marqeta Processing Volumes Surge 33%; Earned Wage Access Beckons
May 07, 2024  |  Earnings

Marqeta’s latest results and commentary showed momentum in the company’s transaction processing operations — and opportunity in nascent markets such as earned wage access.  CEO...

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With Block Extensions in Hand, Marqeta Looks Toward Embedded Finance’s Future  
With Block Extensions in Hand, Marqeta Looks Toward Embedded Finance’s Future  
November 07, 2023  |  Earnings

With new extensions to the Block partnerships, Marqeta’s latest third quarter results also underscored momentum in buy now, pay later (BNPL) and accelerated wage access....

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Marqeta Unveils Its First External-Facing Generative AI Tool
Marqeta Unveils Its First External-Facing Generative AI Tool
August 15, 2023  |  artificial intelligence

Marqeta has unveiled its first external-facing generative artificial intelligence (AI) tool. The new Marqeta Docs AI is powered by OpenAI’s large language models (LLMs) and allows Marqeta...

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Cash App Renewal’s Squared Away as Marqeta CEO Sets Sights on Marketplaces, Embedded Finance
Cash App Renewal’s Squared Away as Marqeta CEO Sets Sights on Marketplaces, Embedded Finance
August 09, 2023  |  Earnings

Cash App’s firmly in place — and will be a significant contributor to Marqeta’s top line for years to come. And with that bit of...

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TaxBandits Launches Feature to Streamline Tax Preparation for US Businesses
TaxBandits Launches Feature to Streamline Tax Preparation for US Businesses
July 06, 2023  |  Taxes

Tax preparation service TaxBandits has rolled out an e-filing solution to streamline tax preparation for businesses in the U.S. The new solution will ensure that...

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Marqeta Names Ex-Yahoo Exec Simon Khalaf as CEO
Marqeta Names Ex-Yahoo Exec Simon Khalaf as CEO
January 26, 2023  |  Personnel

Card issuing platform Marqeta has named its Chief Product Officer (CPO) Simon Khalaf as CEO. Khalaf joined the company as CPO in June and began...

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Bread Financial Launches One-Time Use Virtual Card With Marqeta
Bread Financial Launches One-Time Use Virtual Card With Marqeta
September 12, 2022  |  BNPL

Financial services firm Bread Financial is launching a one-time use virtual card for in-store and online shopping with card issuing platform Marqeta. The virtual card...

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