Financial PerformanceNet revenue and adjusted EBITDA for 3Q24 were above the Street, with net revenue of $128.0M and adjusted EBITDA of $9.0M.
Product InnovationMQ recently released Marqeta Flex, that embeds personalized BNPL options inside payment apps, with important partners like AFRM and Klarna as early users.
Strategic PartnershipsThe hiring of a Chief AI Officer and a partnership with Found are expected to help scale Marqeta's AI organization and enhance card program management capabilities.