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Marqeta and Found Partner to Bring Streamlined Expense Management Offerings to SMBs and Self-Employed Professionals

Sep 26, 2024over 1 year ago

Contract Type

partnership

OaklandFinancial Services

Description

Marqeta announced a new partnership with Found, a business banking platform, to provide a commercial card solution for small businesses and self-employed entrepreneurs. The partnership aims to bring advanced expense management capabilities, along with simplified tax management and bookkeeping, to support the business needs of small entrepreneurs and the self-employed.

Company Information

Company

Marqeta

Location

Oakland, California, United States

About

Marqeta brings speed and efficiency to card issuing and payment processing with the world's first open API platform. Our platform was built from the ground up to power an innovative payment experience for many of the apps and services you enjoy daily. Today, Marqeta has 800+ employees and operates globally in the US, UK, EU, Canada and the APAC region. We have extensive partnerships with multiple banks and card networks including Visa, Mastercard & Discover and our solutions are used by innovators in digital banking, lending, e-commerce, on-demand services and more. We are proud of our Oakland roots and strive to build a team as diverse as the markets we serve. Join us in reshaping the way payments are made.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months