Fintech Marqeta is hiring software engineers, considering acquisitions - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

$1.9 billion fintech Marqeta is hiring more and eyeing M&A as its partners like Square, DoorDash, and Instacart race to issue virtual credit cards

While many startups are laying off employees to save cash, fintech Marqeta has hired 50 people in the last two months and is looking to hire more.

Through its open-API card issuing platform, Marqeta powers on-demand delivery startups like DoorDash, Instacart, and Uber Eats. And Marqeta has hired 50 people entirely remotely since the coronavirus lockdown began in March. Currently, with about 420 employees, the fintech plans to grow to 500 people by the end of this year.And while Marqeta is keeping its eye out for possible acquisitions, Gardner says they're not looking to raise cash anytime soon.

"We made sure all the way down to our plastics vendors that they had enough raw material on hand," said Gardner. In the last two months, Marqeta has hired 50 people entirely remotely, and in April it saw 43% more job applications than in February.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How BCG is adopting new hire and intern programs for the pandemic - Business InsiderTop consultancy BCG is giving students 3 work options for summer internships and shuffling the start dates for new hires as it salvages programs for young consultants amid the lockdown im so bored lol 🙎🏽
Source: BusinessInsider - 🏆 729. / 51 Read more »

Four alt lenders are approved for CBILS - Business Insider - Business InsiderThe British Business Bank has approved nine lenders for the Coronavirus Business Interruption Loan Scheme, four of which are fintechs. if u need satisfy maybe i can help you with my videos 💞 With a business plan that lays emphasises on your business model and tailored for investment & loans applications. It's time to request for one now or recommend to a friend or colleague. Call/text 08137804774.
Source: BusinessInsider - 🏆 729. / 51 Read more »

AMC spikes 56% on reports Amazon may be considering a takeover - Business InsiderAMC was recently the subject of bankruptcy rumors, as the chain's liquidity position worsened as movie theaters shut down across the country. who's up right now? 🤗 Everyone knows they want media access. AMC is cheap as debt can be written down. Think they will buy NETFLIX or merge with Disney Corp at the right time or price. Here is who owns AMC:
Source: BusinessInsider - 🏆 729. / 51 Read more »