Latest news with #MarcinGlogowski
Yahoo
08-08-2025
- Business
- Yahoo
Marqeta (MQ) Blasts to Record High on Expansion to Europe
We recently published . Marqeta, Inc. (NASDAQ:MQ) is one of the best-performing stocks on Thursday. Marqeta Inc. saw its share prices jump to a new all-time high on Thursday as investor sentiment was boosted by the completion of its acquisition of TransactPay and a higher revenue outlook for full-year 2025. In intra-day trading, the company jumped as high as 20.4 percent to $6.84 before ending the day up by 20.25 percent at $6.83 apiece. In a separate statement alongside its earnings performance, Marqeta, Inc. (NASDAQ:MQ) said it has completed the acquisition of TransactPay, paving the way for its expansion program in Europe, including the UK. 'With the combined capabilities of TransactPay and Marqeta, we're helping our customers address these fundamental payment needs,' said Marqeta, Inc. (NASDAQ:MQ) Europe and UK CEO Marcin Glogowski. 'Our 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,' he added. In other news, Marqeta, Inc. (NASDAQ:MQ) swung to a net loss of $647,000 from a net income of $119 million in the same period last year. Revenues grew by 20 percent to $150 million from $125 million year-on-year. Copyright: sifotography / 123RF Stock Photo For full-year 2025, the company raised its revenue growth guidance to 17 to 18 percent from 13 to 15 percent previously. While we acknowledge the potential of MQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
10-03-2025
- Business
- Associated Press
Marqeta and Spendesk Financial Services Join Forces to Offer Modern and Efficient Expense Management for Over 4,000 SMBs Across Europe
Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced that it has become the issuer processor for Spendesk Financial Services (SFS) in Europe, the payment institution powering and fully owned by Spendesk. Spendesk, Europe's leading spend management and procurement solution, leverages this combined technology to enable its medium-sized business customers to monitor budgets, customise spend controls, and boost efficiency. Spendesk is the leading spend management and procurement platform that transforms company spending. By simplifying procurement, payment cards, expense management, invoice processing, and accounting automation, its single, AI-powered solution makes efficient spending easy for employees and gives finance leaders the full visibility and control they need. Spendesk's financial offerings are enabled by Spendesk Financial Services, offering real-time card processing, secure transactions, and spend controls (in collaboration with Marqeta), alongside expense management and a new procure-to-pay solution. Additionally, it seamlessly integrates with existing accounting and financial software through its APIs and native integrations. 'Expense management and procurement solutions are vital for medium-sized businesses looking to increase financial control, achieve consistent growth, and improve cash flow,' said Stephane Dehaies, CEO of Spendesk Financial Services. 'Marqeta's open API platform is the perfect fit for our business, and will support us as we continue to lead the industry with innovative, end-to-end spend management solutions, providing businesses with greater visibility and control, even as they scale.' 'In our work with Spendesk, we're helping businesses take the hassle out of expense management and assist SMBs in accessing better financial tools for their business,' said Marcin Glogowski, SVP and Managing Director, Europe, and UK CEO at Marqeta. 'Marqeta's platform makes it simple for employees to make safe, policy-friendly purchases while keeping spending aligned with company goals. We're a trusted ally for them, seamlessly embedded into Spendesk's systems to help their customers scale, ultimately simplifying their spend management at a time of added competitive pressures.' Through Marqeta's flexible, all-in-one platform, Spendesk Financial Services has easily integrated Marqeta's card processing services into its Core Banking Platform, providing its customers with both physical and virtual cards that can be tailored to each business's needs. This integration enhances Spendesk's complex B2B spend management by providing dynamic spend controls that efficiently and securely screen and authorise expenses in real time. Thanks to Marqeta's platform, managers at companies using Spendesk can restrict card usage to specific times and spending categories, flagging any unusual transactions and allowing them to immediately approve or deny a transaction if necessary, resulting in significantly less friction. About Marqeta Marqeta makes it possible for companies to build and embed financial services into their branded experience—and 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's 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 to learn more. About Spendesk Spendesk is the complete spend management and procurement platform that saves businesses time and money by connecting company spend. With the integration of everyday technologies, built-in automation, procurement, and an easily adopted approval process, Spendesk's single solution makes agile, efficient spending easy for employees and gives finance leaders complete visibility across entire company spend. Trusted by thousands of businesses from start-ups to established brands, and with offices in Paris, London, Berlin and Madrid, Spendesk puts community at the heart of spend management. Spendesk-backed CFO Connect is the fastest-growing global community of finance leaders with more than 12,000 members. For more information, visit: Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the 'safe harbor' 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 changing consumer preferences; increasing consumer adoption of certain digital payment methods, products, and solutions; which payment, banking, and financial services products and solutions may succeed; technological and market trends; Marqeta's business; Marqeta's products and services; and statements made by Marqeta's senior leadership. 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 'Risk Factors' disclosed in Marqeta's Annual Report on Form 10-K, as may be updated from time to time in Marqeta's periodic filings with the SEC, available at and Marqeta's website at 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 . Copyright Business Wire 2025. PUB: 03/10/2025 04:00 AM/DISC: 03/10/2025 04:00 AM
Yahoo
10-03-2025
- Business
- Yahoo
Marqeta and Spendesk Financial Services Join Forces to Offer Modern and Efficient Expense Management for Over 4,000 SMBs Across Europe
Marqeta will be providing issuer processing services for customer Spendesk, helping Spendesk to boost efficiency and customise spend controls. LONDON, March 10, 2025--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced that it has become the issuer processor for Spendesk Financial Services (SFS) in Europe, the payment institution powering and fully owned by Spendesk. Spendesk, Europe's leading spend management and procurement solution, leverages this combined technology to enable its medium-sized business customers to monitor budgets, customise spend controls, and boost efficiency. Spendesk is the leading spend management and procurement platform that transforms company spending. By simplifying procurement, payment cards, expense management, invoice processing, and accounting automation, its single, AI-powered solution makes efficient spending easy for employees and gives finance leaders the full visibility and control they need. Spendesk's financial offerings are enabled by Spendesk Financial Services, offering real-time card processing, secure transactions, and spend controls (in collaboration with Marqeta), alongside expense management and a new procure-to-pay solution. Additionally, it seamlessly integrates with existing accounting and financial software through its APIs and native integrations. "Expense management and procurement solutions are vital for medium-sized businesses looking to increase financial control, achieve consistent growth, and improve cash flow," said Stephane Dehaies, CEO of Spendesk Financial Services. "Marqeta's open API platform is the perfect fit for our business, and will support us as we continue to lead the industry with innovative, end-to-end spend management solutions, providing businesses with greater visibility and control, even as they scale." "In our work with Spendesk, we're helping businesses take the hassle out of expense management and assist SMBs in accessing better financial tools for their business," said Marcin Glogowski, SVP and Managing Director, Europe, and UK CEO at Marqeta. "Marqeta's platform makes it simple for employees to make safe, policy-friendly purchases while keeping spending aligned with company goals. We're a trusted ally for them, seamlessly embedded into Spendesk's systems to help their customers scale, ultimately simplifying their spend management at a time of added competitive pressures." Through Marqeta's flexible, all-in-one platform, Spendesk Financial Services has easily integrated Marqeta's card processing services into its Core Banking Platform, providing its customers with both physical and virtual cards that can be tailored to each business's needs. This integration enhances Spendesk's complex B2B spend management by providing dynamic spend controls that efficiently and securely screen and authorise expenses in real time. Thanks to Marqeta's platform, managers at companies using Spendesk can restrict card usage to specific times and spending categories, flagging any unusual transactions and allowing them to immediately approve or deny a transaction if necessary, resulting in significantly less friction. About Marqeta Marqeta makes it possible for companies to build and embed financial services into their branded experience—and 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's 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 to learn more. About Spendesk Spendesk is the complete spend management and procurement platform that saves businesses time and money by connecting company spend. With the integration of everyday technologies, built-in automation, procurement, and an easily adopted approval process, Spendesk's single solution makes agile, efficient spending easy for employees and gives finance leaders complete visibility across entire company spend. Trusted by thousands of businesses from start-ups to established brands, and with offices in Paris, London, Berlin and Madrid, Spendesk puts community at the heart of spend management. Spendesk-backed CFO Connect is the fastest-growing global community of finance leaders with more than 12,000 members. For more information, visit: Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the "safe harbor" 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 changing consumer preferences; increasing consumer adoption of certain digital payment methods, products, and solutions; which payment, banking, and financial services products and solutions may succeed; technological and market trends; Marqeta's business; Marqeta's products and services; and statements made by Marqeta's senior leadership. 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 "Risk Factors" disclosed in Marqeta's Annual Report on Form 10-K, as may be updated from time to time in Marqeta's periodic filings with the SEC, available at and Marqeta's website at 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. View source version on Contacts Jordan Fellowspress@
