Marqeta Announces Completion of TransactPay Acquisition
August 7 2025
Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced the successful completion of its acquisition of TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area. As previously announced in February 2025, the acquisition of TransactPay will strengthen Marqeta’s card program management capabilities in Europe, bolstering digital payments capabilities for customers in the UK and EU, and enabling existing customers to expand more easily into European markets.