Marqeta’s clients include many well-known technology startups such as payments company Square Inc (SQ.N), ride-hailing company Uber Technologies Inc (UBER.N), shopping app Instacart and lending startup Affirm. Gardner said Marqeta’s business has continued to grow at a rapid pace over the past few months, as COVID-19 lockdowns have led to a surge in demand for digital payments. U.S. on-demand food delivery payment volumes processed through the Marqeta platform more than tripled from mid-February to mid-May, the company said.

https://www.reuters.com/article/us-marqeta-funding/payments-startup-marqeta-raises-150-million-hits-4-3-billion-valuation-idUSKBN2341HX