Daily innovation: - marqeta.com
The main idea - building the virtual credit card toolset for Chase, Square, Uber, and other companies.
Since its inception in 2010, Marqeta has been constructing a sophisticated infrastructure for credit card issuance. Marqeta's infrastructure, which facilitates the creation of "tokenized" cards that can be deployed in real time via digital wallets, is being used by everyone from Square to JPMorgan Chase to Uber (for example, Marqeta can issue a virtual card to cover the cost of car repairs, moments after an insurer approves a claim). Goldman Sachs, Visa, and Mastercard are among the business's backers, and the company is purportedly contemplating an IPO with a $10 billion value.
