Marqeta, a startup out of Oakland that works with businesses for payment-card related services, including instant card-based payments and issuing their own branded credit cards, has raised $45 million led by Iconiq.
Marqeta says it plans to use its Series D to keep focusising on developing more solutions, as well as take its business international.
“We’re excited to bring aboard ICONIQ Capital and Goldman Sachs, who deeply understand innovation in financial technology and payments,” said Marqeta founder and CEO Jason Gardner in a statement.
“We look forward to their contributions to Marqeta as we continue to scale operations and expand our footprint around the world.”
By coincidence, Iconiq happens to be one of Adyen’s major backers, too.
Other investors participating in this round, a Series D extension, include Goldman Sachs and other, unnamed existing investors.