{"id":871971,"date":"2025-08-06T18:34:44","date_gmt":"2025-08-06T22:34:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marqeta-announces-completion-of-transactpay-acquisition\/"},"modified":"2025-08-06T18:34:44","modified_gmt":"2025-08-06T22:34:44","slug":"marqeta-announces-completion-of-transactpay-acquisition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marqeta-announces-completion-of-transactpay-acquisition\/","title":{"rendered":"Marqeta Announces Completion of TransactPay Acquisition"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Marqeta Announces Completion of TransactPay Acquisition<\/b><\/p>\n<p>OAKLAND, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMarqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world\u2019s innovators, today announced the successful completion of its acquisition of TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area. As <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.marqeta.com%2Fnews-releases%2Fnews-release-details%2Fmarqeta-acquire-transactpay-strengthening-card-program&amp;esheet=54303402&amp;newsitemid=20250806467953&amp;lan=en-US&amp;anchor=previously+announced&amp;index=1&amp;md5=804505efd45eadabeefddd53d8a9b6d1\">previously announced<\/a> in February 2025, the acquisition of TransactPay will strengthen Marqeta\u2019s card program management capabilities in Europe, bolstering digital payments capabilities for customers in the UK and EU, and enabling existing customers to expand more easily into European markets.<\/p>\n<p>\nWith the combined capabilities of Marqeta and TransactPay, customers will be able to take advantage of card program management features in the UK and EU, and avoid the added complexity associated with engaging multiple partners. Marqeta and TransactPay customers will continue to have dedicated customer and production support, as well as strategic bank, network, and regulatory relationships, supporting card program scale throughout the region.<\/p>\n<p>\n\u201cIn today\u2019s evolving global landscape, from regulatory modifications to rapid economic policy changes, the ability to deliver innovative payments products and scale quickly while staying compliant with requirements across Europe is critical. With the combined capabilities of TransactPay and Marqeta, we\u2019re helping our customers address these fundamental payment needs,\u201d said Marcin Glogowski, SVP Managing Director, Europe and UK CEO, Marqeta. \u201cOur business in Europe continues to grow, with total processing volume more than doubling year-over-year. This acquisition furthers this growth and demonstrates our commitment to the European and UK markets as part of our overall global strategy.\u201d<\/p>\n<p>\n\u201cWe are proud to continue as a trusted partner to Marqeta, combining our capabilities to help our customers accelerate growth and bring new digital payments offerings to market more efficiently,\u201d said Aaron Carpenter, CEO of TransactPay. \u201cWe look forward to continuing to grow and scale our technology with Marqeta across Europe, delivering the innovative solutions that our customers are seeking.\u201d<\/p>\n<p><b>About Marqeta<\/b><\/p>\n<p>\nMarqeta makes it possible for companies to build and embed financial services into their branded experience\u2014and unlock new ways to grow their business and delight users. The Marqeta platform puts businesses in control of building financial solutions, enabling them to turn real-time data into personalized, optimized solutions for everything from consumer loyalty to capital efficiency. With compliance and security built-in, Marqeta\u2019s platform has been proven at scale, processing nearly $300 billion in annual payments volume in 2024. Marqeta is certified to operate in more than 40 countries worldwide. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marqeta.com&amp;esheet=54303402&amp;newsitemid=20250806467953&amp;lan=en-US&amp;anchor=www.marqeta.com&amp;index=2&amp;md5=3b266cde9fda3cf9a69bb609e0964dee\">www.marqeta.com<\/a> to learn more.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains &#8220;forward-looking statements&#8221; within the meaning of the &#8220;safe harbor&#8221; provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, quotations and statements relating to technological and market trends; Marqeta\u2019s growth strategy and business as well as the growth of our current and prospective customers; Marqeta\u2019s products and services and TransactPay\u2019s products and services; and statements made by Marqeta\u2019s senior leadership. In some cases, these forward-looking statements can be identified by the use of words such as \u201coutlook,\u201d \u201cbelieves,\u201d \u201cexpects,\u201d \u201cpotential,\u201d \u201ccontinues,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cseeks,\u201d \u201cprojects,\u201d \u201cpredicts,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201canticipates\u201d or the negative version of these words or other comparable words. Actual results may differ materially from the expectations contained in these statements due to risks and uncertainties, including, but not limited to, the following: any factors creating issues with changes in domestic and international business, market, financial, political and legal conditions; and those risks and uncertainties included in the \u201cRisk Factors\u201d disclosed in Marqeta&#8217;s Annual Report on Form 10-K, as may be updated from time to time in Marqeta\u2019s periodic filings with the SEC, available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54303402&amp;newsitemid=20250806467953&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=3&amp;md5=293d4a6aaf9f02b82cb08635694a8a0b\">www.sec.gov<\/a> and Marqeta\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Finvestors.marqeta.com&amp;esheet=54303402&amp;newsitemid=20250806467953&amp;lan=en-US&amp;anchor=http%3A%2F%2Finvestors.marqeta.com&amp;index=4&amp;md5=a09b13f459e5669b29a5cb2cac7edff9\">http:\/\/investors.marqeta.com<\/a>. The forward-looking statements in this press release are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250806467953r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250806467953\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250806467953\/en\/<\/a><\/span><\/p>\n<p>\nJordan Fellows<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jfellows@marqeta.com\">jfellows@marqeta.com<br \/>\n<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe United States United Kingdom North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Fintech Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250806467953\/en\/2046049\/3\/MARQETA_LOGO.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Marqeta Announces Completion of TransactPay Acquisition OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world\u2019s innovators, today announced the successful completion of its acquisition of TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area. As previously announced in February 2025, the acquisition of TransactPay will strengthen Marqeta\u2019s card program management capabilities in Europe, bolstering digital payments capabilities for customers in the UK and EU, and enabling existing customers to expand more easily into European markets. With the combined capabilities of Marqeta and TransactPay, customers will be able to take advantage &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marqeta-announces-completion-of-transactpay-acquisition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Marqeta Announces Completion of TransactPay Acquisition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-871971","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marqeta Announces Completion of TransactPay Acquisition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marqeta-announces-completion-of-transactpay-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marqeta Announces Completion of TransactPay Acquisition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Marqeta Announces Completion of TransactPay Acquisition OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world\u2019s innovators, today announced the successful completion of its acquisition of TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area. As previously announced in February 2025, the acquisition of TransactPay will strengthen Marqeta\u2019s card program management capabilities in Europe, bolstering digital payments capabilities for customers in the UK and EU, and enabling existing customers to expand more easily into European markets. 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(NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world\u2019s innovators, today announced the successful completion of its acquisition of TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area. As previously announced in February 2025, the acquisition of TransactPay will strengthen Marqeta\u2019s card program management capabilities in Europe, bolstering digital payments capabilities for customers in the UK and EU, and enabling existing customers to expand more easily into European markets. 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