Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, has completed its acquisition of TransactPay, a UK- and EEA-licensed BIN sponsorship and e-money provider, strengthening its card program management and digital payments capabilities in Europe. The deal enables Marqeta customers to manage UK and EU card programs through a single partner, reducing regulatory and operational complexity while leveraging combined strategic bank, network, and compliance relationships. The acquisition supports Marqeta’s European growth—where processing volume more than doubled year-over-year—and aligns with its global strategy to expand embedded finance solutions.

Marqeta Announces Completion of TransactPay Acquisition