Marqeta Inc (STU:8QJ)
€ 3.44 -0.12 (-3.37%) Market Cap: 1.74 Bil Enterprise Value: 731.42 Mil PE Ratio: 187.00 PB Ratio: 1.72 GF Score: 58/100

Marqeta Inc at MoffettNathanson Technology, Media, and Telecom Conference Transcript

May 18, 2023 / 12:00PM GMT
Release Date Price: €3.84 (-4.00%)
Unidentified Participant

All right. Well, very excited to have you guys here, Marqeta.

Mike Milotich
Marqeta, Inc. - CFO

Thank you for having me.

Questions & Answers

Unidentified Participant

Mike, appreciate you joining us. Maybe we'll start with just a quick background on Marqeta just to set the stage. What is Marqeta, maybe a quick history, and what's the company's focus today?

Mike Milotich
Marqeta, Inc. - CFO

Yeah. So we invented a new category called modern card issuing, which is really taking issuer processing and making it, first, API forward, which gives you a lot more flexibility and configurability of the platform. But also, the real innovation that Marqeta had was combining program management with the processing, so essentially, empowering the customer to control the issuing as opposed to -- prior to Marqeta, the bank was always front and center in any kind of inter-issuer processing business. And now, with Marqeta, the bank is more in a supporting role and the

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