Why Bitcoin-Related and Ethereum-Related Stock Marqeta Is Rising

Why Bitcoin-Related and Ethereum-Related Stock Marqeta Is Rising

Marqeta Inc (NASDAQ: MQ) shares are trading higher after the company, and Amount, announced the first virtual card and loan origination partnership to help banks rapidly enter the buy now, pay later space.

The partnership alleviates the digital tools gap that prevents many banks from entering the BNPL (buy now pay later) space, allowing them to go to market in months with a BNPL offering and virtual card that drives revenue, captures market share and increases loyalty online and in-stores, according to the press release.