Marqeta buys fintech Power Finance in $275M all-cash deal, its first acquisition
TechCrunch
JANUARY 30, 2023
Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash, marking the first acquisition in the publicly-traded company’s 13-year history. billion, touts that it “provides a single, global, cloud-based, open API Platform for modern card issuing and transaction processing.”
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