Behind Marqeta’s launch into credit card issuance with Kevin Doerr
- Marqeta has grown up as a modern debit card issuer processor for firms like DoorDash and Instacart.
- Now, the company is moving into the credit space.
A lot is going on the issuing side. New players are entering, competition is crossing borders, and existing players are expanding into new products. Marqeta is making perhaps the biggest expansion of its platform since its launch.
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I’m joined by Chief Product Officer Kevin Doerr to talk about the firm’s new credit card issuing platform. We talk about what that means for the firm, its customers, and its competition. Doerr joined the firm last year and it’s been a wild one — he shares his experiences that show a company in growth mode coping with the changes of organic expansion, as well as challenges of dealing with the pandemic.
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