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Ripple can’t escape XRP lawsuit it says could topple market

Bank Innovation

A federal judge in Oakland, California, on Wednesday somewhat narrowed the claims against Ripple but left largely intact a complaint by investors accusing […]. Ripple Labs Inc.

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Payments firm Marqeta to add 175 jobs to boost global presence

Bank Innovation

The Oakland-based company plans to add 175 jobs this year, bringing its total to 400 employees by 2020, CEO Jason Gardner said on Wednesday. Fresh off a $260 million Series E funding round, card issuing and processing startup Marqeta is building its team as it expands to new geographies. Gardner told Bank Innovation that Marqeta […].

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Marqeta Sees Opportunity in Europe Thanks to $45 Million in Funding

Bank Innovation

Card-issuing platform Marqeta sees a lot of potential in working with challenger banks across Europe, and to fuel this opportunity, the Oakland, Calif.-based based company took in $45 million in funding, Jason Gardner, founder and CEO, told Bank Innovation. Investors in this funding round include VC firm ICONIQ Capital and Goldman Sachs.

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Payment Processor Platform Marqeta to Launch in Canada Next Month

Bank Innovation

Based in Oakland, Calif., EXCLUSIVE -Payment card issuing platform Marqeta will be launched in Canada next month and Europe in 2018, Marqeta’s CEO, Jason Gardner told Bank Innovation. Marqeta uses open API technology to process payment cards, virtual cards and mobile authorization products.

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Ripple can’t escape XRP lawsuit it says could topple market

Bank Innovation

A federal judge in Oakland, California, on Wednesday somewhat narrowed the claims against Ripple but left largely intact a complaint by investors accusing […]. Ripple Labs Inc.

Oakland 195
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Goldman Sachs To Acquire Credit Card Company Final

Bank Innovation

Oakland-based Final is a credit card service, which announced that it would close its card portfolio back in December. Goldman Sachs has agreed to purchase fintech startup firm Final, as a part of its efforts to expand in retail-banking products. Terms of the transaction were not disclosed. As a part of the deal, Goldman will […].

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Marqeta rolls out instant card-tokenization service

Payments Source

The Oakland, Calif.-based based startup’s Marqeta Tokenization-as-a-Service enables banks or fintechs to instantly add credit, debit or prepaid cards to a digital wallet by directly managing tokens instead of going through a third party, Marqeta announced on Tuesday.

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