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Marqeta Inc (NASDAQ:MQ) shares are trading higher after the company announced a partnership with Bill.com to power new commercial card programs for financial institution customers.
"We're excited for the opportunity to work with Bill.com to support new modern card issuing capabilities for their financial institution partners, helping their customers to streamline payments and process payments faster," said Jason Gardner, Founder, and CEO of Marqeta.
Marqeta shares were also trading higher Tuesday after the company, and Amount, announced the first virtual card and loan origination partnership to help banks rapidly enter the buy now, pay later space.
Marqeta provides its clients with a card issuing platform that offers the infrastructure and tools necessary to offer digital, physical and tokenized payment options without the need for a traditional bank.
Marqeta has a 52-week high of $37.90 and a 52-week low of $19.78.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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