The payment card technology provider, which counts Visa, CommerzBank, CreditEase and Mastercard as investors, has added about $190m to close its IPO.
Marqeta, a US-headquartered card-issuing platform developer backed by financial services firm CommerzBank, online lending marketplace CreditEase and payment services providers Visa and Mastercard, closed its initial public offering at approximately $1.41bn yesterday.
The company raised an initial $1.22bn in the offering last week, issuing 45.5 million class A shares on the Nasdaq Global Select Market priced at $27 each. Its shares closed at $29.97 last night, and the underwriters have taken up the option to buy more than…
