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There are rumors that California-based fintech startup Marqeta is planning to go public in 2021, but nothing has been confirmed. Here’s what we know so far.
Payments startup Marqeta is reportedly planning an IPO for 2021 and has tapped Goldman and JPMorgan Chase to lead the deal. No word yet on its expected share price or release date.
A recent May 2020 funding round saw Marqeta raise $150 million from private investors, placing its valuation above the $4 billion mark. The company is already backed by Goldman Sachs and Visa and hopes to open the company up to public investors in the near future.
We're keeping an eye on this potential IPO and will continue to update this page with more information as it becomes available.
Once Marqeta goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Marqeta can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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