Marqeta, the global modern fintech and card issuing platform that enables embedded finance solutions for many of the world’s top innovators, has announced its acquisition of TransactPay, a BIN sponsorship provider and E-Money Institution (EMI). The strategic move will enhance Marqeta’s card program management capabilities in the UK and Europe. The acquisition will simplify card issuance and digital payments for its customers, expand its reach in 25 countries, and support 16 currencies. The deal will also help Marqeta customers streamline their expansion into European markets while ensuring compliance with local regulations.
Marqeta to Acquire TransactPay, Strengthening Card Program Capabilities in UK and EU
