Marqeta ( (MQ) ) has shared an announcement.
On February 26, 2025, Marqeta announced the appointment of Mike Milotich as Interim CEO following the departure of Simon Khalaf. Milotich, who will continue as CFO, brings extensive experience from his previous roles at Visa, PayPal, and American Express. The Board has initiated a search for a permanent CEO, expressing confidence in Milotich’s leadership to guide Marqeta’s growth and strategic initiatives during this transition. This leadership change is seen as a strategic move to position Marqeta for future growth in the expanding embedded finance market.
More about Marqeta
Marqeta is a global modern card issuing platform that enables companies to build and embed financial services into their branded experiences. The platform allows businesses to create financial solutions, turning real-time data into personalized and optimized offerings for consumer loyalty and capital efficiency. Marqeta is certified to operate in over 40 countries and processed nearly $300 billion in annual payments volume in 2024.
YTD Price Performance: 0.80%
Average Trading Volume: 4,563,309
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.89B
Find detailed analytics on MQ stock on TipRanks’ Stock Analysis page.
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