Marqeta

Marqeta is the leading modern card issuing platform, commanding a $4 billion market cap while powering payment cards for Square, DoorDash, Instacart, and Uber. It processes $230 billion in annualized total payment volume across 40+ countries, enabling real-time transaction controls—like DoorDash unlocking a driver's card only for the exact restaurant and order amount. Founded in 2010 by Jason Gardner, Marqeta has processed over 2 billion virtual cards, representing a 40% share of the US virtual card market. While Ripple saves banks up to 60% on cross-border transfers, Marqeta's volume-driven model achieves faster transaction speeds than the average legacy card processor.