PYMNTS
26 May 2026, 13:48 UTC · 1h ago
Marqeta Teams With Banking Circle to Expand in Europe
Source · https://www.pymnts.com/partnerships/2026/marqeta-teams-with-banking-circle-expand-europe/
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PYMNTS
26 May 2026, 13:48 UTC · 1h ago
Source · https://www.pymnts.com/partnerships/2026/marqeta-teams-with-banking-circle-expand-europe/
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Story key points
3 claims · impact-rated
Marqeta reported first-quarter total processing volume (TPV) growth of 33% year-over-year to $112 billion. — Strong double-digit TPV growth is a primary driver of revenue and valuation for payment platforms.
+0.60Marqeta is partnering with Banking Circle to expand its account and money movement tools into 30 new European countries. — Significant geographic expansion increases the total addressable market and potential for new customer acquisition.
+0.40Marqeta's European card program total processing volume (TPV) grew eight-fold from 2022 to 2025. — Rapid regional growth validates the company's expansion strategy and suggests strong product-market fit in Europe.
+0.30Impact vectors
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Model heads
The company is expanding into 30 new European countries, reporting strong TPV growth and positive first-quarter earnings.
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