Marqeta quarterly revenue jumps 76%

FAN Editor
The logo for payments startup Marqeta Inc. is displayed on a screen during the company's IPO in Times Square in New York
The logo for payments startup Marqeta Inc. is displayed on a screen during the company’s IPO in Times Square in New York City, U.S., June 9, 2021. REUTERS/Brendan McDermid

August 11, 2021

(Reuters) – Marqeta Inc reported a 76% jump in second-quarter revenue on Wednesday, as the payments company benefited from a surge in transactions made through its platform.

Net revenue rose to $122.27 million for the quarter ended June 30, from $69.4 million a year earlier.

(Reporting by Sohini Podder in Bengaluru; Editing by Shailesh Kuber)

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