After the formal announcement of its purchase of TransactPay, Marqeta, Inc. (NASDAQ: MQ) witnessed a 20.95% increase in after-market trading on Wednesday, ending at $6.87. With an E-Money Institution (EMI) license, TransactPay, a well-known BIN Sponsorship provider, is able to issue e-money and provide payment services within the UK and EEA.
Enhancing Card Program Administration in Europe
First revealed in February 2025, the acquisition is a strategic move to expand Marqeta’s ability to manage card programs in the European market. By integrating TransactPay’s infrastructure, Marqeta is in a strong position to streamline digital payment solutions for both existing and prospective customers in the UK and EU, enabling them to grow their business more successfully under difficult regulatory regimes.
Customers will no longer need to coordinate with numerous service providers for card program administration thanks to the acquisition, which guarantees that they may use a single platform. Customers of both businesses will also continue to gain from strong support services, long-standing connections with financial networks, and strict adherence to local regulations.
Boosting Development Despite Regulatory Complexity
Because of the rapid changes in Europe’s economy and laws, the integration allows Marqeta to help clients by offering innovative, compliant, and scalable digital payment solutions globally. The company pointed out that its European businesses’ Total Processing Volume (TPV) has more than doubled yearly, indicating the acquisition’s strategic importance and steady development trajectory.
Marqeta reiterated its dedication to the UK and European markets as part of its broader global expansion strategy. The combination also strengthens its position as a partner in digital transformation, helping customers accelerate the release of next-generation payment solutions.
Strong Q2 Financial Results Strengthen Strategic Direction
Marqeta also announced its financial figures for the second quarter, which ended on June 30, 2025, along with the acquisition news. The company’s stated TPV of $91 billion was a 29% rise over the previous year. Gross profit increased 31% to $104 million, while net sales increased 20% to $150 million.
A revamped Card Network Incentives accounting strategy contributed 8.6 percentage points to the gain, supporting the increase in gross profit. Despite achieving adjusted EBITDA of $29 million, Marqeta reported a GAAP net loss of $0.6 million.
These numbers highlight Marqeta’s progress in financially growing its product line, which is bolstered by strong customer interaction and creative product development.
