Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash, marking the first acquisition in the publicly-traded company’s 13-year history. About one-third of the purchase price is payable over a two-year period subject to certain undisclosed conditions. And, if one undisclosed milestone in particular is met within the next […]
Marqeta buys fintech Power Finance in $275M all-cash deal, its first acquisition by Mary Ann Azevedo originally published on Tec...