VC-backed Marqeta preps for IPO: Reuters

Oakland, California-based Marqeta, a modern card issuing platform, is seeking to hire investments banks that will help prepare the company for an IPO, reported Reuters.

Oakland, California-based Marqeta, a modern card issuing platform, is seeking to hire investments banks that will help prepare the company for an IPO, reported Reuters. In May, Marqeta raised $150 million in funding. The company’s backers include Coatue, Vitruvian Partners, Visa, Goldman Sachs, 83North, Granite Ventures and ICONIQ Capital.

Source: Reuters