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"It’s got to the point where my CPA is now asking me questions about PPP.”
Oakland fintech Marqeta, which issues payment cards for startups, announced Thursday morning that it has raised $150 million in investor funding and has doubled its valuation, which now stands at $4.3 billion.
The company said the money came from a leading institutional investor but did not name the investor.
The financing comes a year after Marqeta revealed that it had received $260 million in equity financing in a round led by Coatue, with participation from Vitruvian Partners and others. Marqeta…
The firm has a national portfolio of shopping, dining, entertainment and mixed-use destinations and has launched a new third-party services division.
