Payments fintech Marqeta announced today it will acquire credit card management platform Power Finance in an all-cash transaction to help supplement its credit offerings. The cloud-based solution is expected to accelerate the capabilities of Marqeta’s credit products including card issuing, digital wallets and transaction processing, according to a Marqeta release. The Oakland, Calif.-based fintech (NASDAQ: […]
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://bankautomationnews.com/allposts/payments/marqeta-acquires-power-finance-for-275m/
- a
- accelerate
- According
- acquire
- Acquires
- and
- announced
- capabilities
- card
- credit
- credit card
- digital
- digital wallets
- expected
- finance
- fintech
- help
- HTTPS
- in
- Including
- issuing
- IT
- management
- Marqeta
- Nasdaq
- Oakland
- Offerings
- platform
- plato
- Plato Data Intelligence
- PlatoData
- power
- processing
- Products
- release
- solution
- The
- to
- today
- transaction
- Wallets
- will
- zephyrnet