Marqeta, Inc. Named a Finalist for a PYMNTS.com Innovator Award

EMERYVILLE, Calif. -- (BUSINESS WIRE) -- Marqeta has been named as a finalist for a 2013 Innovator Award in the category of Best Prepaid. One of five finalists in their category, Marqeta is being recognized as a leader in the payments industry. Voting is open now through March 7 on PYMNTS.com with the winners being announced during a live ceremony hosted by The Office’s B.J. Novak on March 21 from The Innovation Project, a two-day program that will challenge the way that the payments and broader commerce ecosystem thinks, develops, and ignites innovation. Marqeta is being recognized for offering a unique commerce and payments platform that allows consumers to store, access and redeem a nearly infinite number of closed loop and open loop value accounts that are accessible via a single payment card. Accounts can represent specific merchants, individual offers, loyalty rewards, gifts, charitable donations and more. Management of these accounts works seamlessly via Marqeta’s web and mobile apps or, if preferred, via integration to Marqeta’s API. Marqeta has enabled its platform so that each functionality works independently — making any combination of product uses possible.

“While we are all very proud of Marqeta’s unique technology and platform, it’s always an honor to be recognized, especially by industry peers,” says Jason Gardner, Marqeta’s Founder and CEO. “We see great things on the horizon in payments, and look forward to being an essential part of what’s next in this quite dynamic ecosystem.”

The Innovation Project 2013 delegates include senior executives and elite innovators from every aspect of the payments and broader commerce ecosystem, worldwide. The Innovation Project is hosted by PYMNTS.com, the leading source of news and content on “what’s next” in payments innovation, and is taking place on March 20-21 at Harvard University. One of its five modules includes pairing industry CEOs with external thought leaders such as Al Gore (former U.S. VP), Steve Levitt (Freakonomics), Eric Reis (The Lean Startup), Rosie Rios (U.S. Treasurer), Russell Simmons (Rush Card), Raj Date (CFPB), and Josh Lerner (Architecture of Innovation) to challenge the conventional wisdom around what it will take to get merchants and consumers to adopt new ways to shop and pay. Warren Buffett is the program’s keynote.

For more information on Marqeta and its technology enabling dynamic multiple account functionality and select authorization all on one payments card, visit www.marqeta.com/plusm . To see the list of other finalists and to vote, click here, and to request an invitation to participate as a delegate please visit theinnovationproject2013.com.

About Company

Founded in 2010, Marqeta is an online-to-offline commerce and payments platform that empowers large enterprises to better serve their constituents by participating in the payment stream of relevant transactions, enables merchants to capture repeat business and greater customer spend, and gives consumers more money for the things they buy everyday. The company is headquartered in Emeryville, Calif. Learn more about Marqeta at www.marqeta.com or at 888-462-7738. The +M Platform features and capabilities can be found at www.marqeta.com/plusm.

About The Innovation Project

Over 2 days, 100 speakers and 500 senior members of the payments industry will change the way that the payments and its broader commerce ecosystem thinks, talks, delivers and ignites innovation. On March 20^th and 21^st the greatest minds in commerce and payments will assemble at Harvard University near Boston to kick the conversation about innovation up to an entirely different level at a program called The Innovation Project. Speakers and delegates are among the most senior executives and elite innovators from literally every established payments company worldwide, along with the CEOs of the most innovative startups in the space. One of its five modules includes pairing industry CEOs with external thought leaders such as Al Gore (former U.S. VP), Steve Levitt (Freakonomics), Eric Reis (The Lean Startup), Rosie Rios (U.S. Treasurer), Russell Simmons (Rush Card), Raj Date (CFPB), and Josh Lerner (The Architecture of Innovation) to challenge the conventional wisdom around what it will take to get merchants and consumers to adopt new ways to shop and pay. Warren Buffett is the program’s keynote. The Innovation Project also hosts the industry’s 2013 PYMNTS.com Innovator Awards, given to 15 of the industry’s top innovators over dinner, which this year will be emceed by B.J. Novak of The Office and will introduce delegates to 40 of the hottest “next generation” payments innovators.

About PYMNTS.com

PYMNTS.com is reinventing the way in which companies in payments share relevant information about the initiatives that shape the future of commerce and make news. This powerful B2B platform is the #1 site for the payments industry by traffic and the premier source of information about “what’s next” in payments. C-suite and VP level executives read it daily for these insights, making the PYMNTS.com audience the most valuable in the industry. It provides an interactive platform for companies to demonstrate thought leadership, popularize products and, most importantly, capture the mindshare of global decision-makers. It’s where the best minds and best content meet on the web.