Square consolidates credit/debit on Marqeta platform to accelerate product innovation
Square announced a strategic partnership on October 19, 2026.
- Primary
- Square
- Date
- October 19, 2026
- Sub-sector
- Card Issuing
Demonstrates a major fintech choosing to outsource card issuing infrastructure to a specialized platform provider, signaling both Marqeta's competitive strength in the space and the efficiency gains available through consolidation. For sub-$250M card issuers or B2B payment platforms, this validates the build-vs-buy thesis favoring specialized partners.
Source: pymnts.com