Marqeta acquires Power Finance for $275M

Marqeta acquires Power Finance for $275M

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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: […]

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