Payments platform Marqeta has announced a collaboration with Mastercard designed to help digital banks and FinTechs grow faster.
The California-headquartered FinTech has become a certified processor with Mastercard, with daily payments app Twisto lined up as the first European customer to deploy Marqeta’s card issuing capabilities.
The platform with enable Twisto to access real-time transaction data.
Marqeta’s platform provides instant access to a FinTech sandbox for testing innovations along with API documentation through its website.
Jason Lane, executive vice president, market development, Europe at Mastercar, said: “By partnering with an innovative global payment platform like Marqeta, we can help Mastercard issuers build card products even faster, while also retaining complete control over the end to end process.”
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