TransactPay’s Post

A new chapter is turning. We’re going to be acquired by Marqeta, a global leader in modern card issuing and payments technology. While this will strengthen our position in the fintech space, one thing won’t change: the way we work with our clients and partners. So what will this mean for fintechs, banks, and payment providers in the UK and Europe? • Same brand, same service – We’ll continue to operate independently, with no disruption. • Stronger financial backing – A NASDAQ-listed company will be supporting our long-term growth. • Regulatory continuity – Our UK and EU regulatory footprint will remain unchanged. • Greater opportunities – Marqeta’s global reach and technology will complement our offering. Our CEO, Aaron Carpenter, says: “Our mission remains unchanged – we’re committed to delivering best-in-class payment solutions. In the future, with Marqeta’s backing, I’m confident we’ll be in an even stronger position to support our clients while continuing to offer the same trusted service they rely on.” Regulatory approval is expected in mid-2025. Read the full announcement here: https://lnkd.in/e9prwSpk #Payments #Fintech #CardIssuing #EmbeddedFinance #Marqeta #TransactPay #FinancialServices #BINsponsorship