2024-04-05 16:08:56 ET
Summary
- Marqeta's new go-to-market strategy is working well, with strong growth in bookings, geographic diversification, and market share gains.
- Growth initiatives, such as its credit offering and early wage access product, are expected to support future growth.
- The timeline for profitability may be delayed, but the company's execution and potential for high growth make it a buy.
Investment overview
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For further details see:
Marqeta: Still Positive On Growth Reaccelerating Back To A Healthy Pace