Card-issuing firm Marqeta is forming a strategic partnership with rideshare giant Uber, to provide global cards and a payments infrastructure.
“A rapid digital transformation is upending everything from how we eat to how we navigate our cities. As Uber looks to build out a global ecosystem that our users can rely on in all facets of their lives, it was clear we needed a sophisticated card issuing and payments processing partner to reach our true potential,” Jennifer Vescio, global head of business development at Uber, said in a Marqeta blog post on Tuesday (Nov. 17).
She added that teaming with Marqeta is “a crucial building block” for Uber’s future and that its “single global platform” complements Uber’s global scale.
Marqeta already works with Uber Eats, Uber’s restaurant food delivery arm.
