M

Marqeta

Open API card issuing platform

Production Support Engineer 2

Full-TimeUpdated
No salary listed
Mid
Remote in UK+1 moreMore locations: London, UK
RemoteCan work remotely within the UK or from the London office.
Customer Experience & SupportCustomer Support

About the job

Requirements
  • 2–3+ years of experience in Technical Support, Production Support, or IT Support for B2B customers; card payments industry experience is preferred.
  • Ability to work in a customer-facing role and communicate with internal and external technical and non-technical stakeholders.
  • Ability to work flexibly through on-call rotations and maintain productivity with minimal supervision.
  • Experience with ticketing systems such as Salesforce, Jira, or Confluence.
  • Understanding of API technologies and troubleshooting, including cURL and HTTP response codes.
  • Comfort working within a Linux environment.
  • Intermediate SQL knowledge; relational database experience is preferred.
  • Scriptwriting experience using Python, Ruby, Shell, or similar languages.
  • Experience with logging and monitoring tools such as Kibana, Splunk, AppDynamics, Sumo Logic, Grafana, Datadog, and New Relic.
  • Experience in payments and/or accounting systems.
  • Experience working at a high-growth company.
Responsibilities
  • Become an expert in Marqeta products and services.
  • Provide high-quality support and take ownership of responding to inquiries, issues, and escalations through tickets, email, and other channels.
  • Perform problem-solving, diagnosis, root cause analysis, and generate corrective action plans for issues.
  • Work cross-functionally to resolve issues and provide customer care.
  • Provide on-call support for rotations and escalations.
  • Assist in monitoring production transaction volume, functionality, capacity, and performance.
  • Proactively monitor and optimize issuer resolution and implement corrective action plans.
  • Interact with Product, Engineering, and Technical Operations teams to provide feedback on production-support issues and improvements.
  • Document process, product, and industry learnings to identify pain points and trends and support team and organizational improvement.
Desired Qualifications
  • Experience in the card payments industry.
  • Relational database experience.

About the company

What Marqeta does: It provides a fintech platform for modern card issuing and payment processing, letting businesses create, issue, and manage payment cards through an open API. How its product works: Clients connect to Marqeta’s API to design card programs, issue cards, set rules (spend controls, funding, merchant restrictions), and process transactions; Marqeta handles the card network interactions, tokenization, settlement, and related services, earning fees per transaction and for setup or ongoing services. How it differs from competitors: It centers on a highly configurable API-driven platform that supports a wide range of card programs (expense management, disbursements, consumer payments) with fast onboarding and scalable infrastructure, rather than offering a single, fixed card product. What its goal is: To enable businesses to deploy flexible, scalable card programs quickly, expand digital payments, and become the go-to platform for card issuing and payment processing.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Oakland, California

Founded

2010

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Simplify's Take

What believers are saying

  • Q2 2026 TPV rose 32% to $120 billion, Marqeta's fourth straight quarter above 30%.
  • Marqeta posted second consecutive GAAP profit in Q2 2026 and authorized a $150 million buyback.
  • Average new deal size jumped more than 90% in Q2 2026, signaling enterprise traction.

What critics are saying

  • Block still drove 41% of Q2 2026 net revenue; Cash App issuance is fading by year-end.
  • Q3 2026 guidance cut growth to 6%-8%, exposing dependence on lumpy customer renewals.
  • Stablecoin cards remain early; if adoption stalls, Marqeta's expansion thesis weakens materially.

What makes Marqeta unique

  • Marqeta's August 2026 Google Wallet for kids deal showcases programmable spend controls and tokenization.
  • Marqeta's August 2026 Riskified integration strengthens pre-authorization decisioning with merchant-network fraud data.
  • Marqeta's August 2026 zerohash and BVNK partnerships extend card issuing into stablecoin-backed spending.

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Benefits

  • Medical, dental, & vision coverage
  • Flexible time off
  • Paid family leave
  • Pet insurance
  • 401k match
  • Equity
  • Monthly stipends
  • Company recognition & awards
  • Employee Stock Purchase Program

Growth & Insights and Company News

6 month growth

0%

1 year growth

-1%

2 year growth

0%
Transcript Daily
Oct 27th, 2026
Marqeta (MQ) set to post earnings on Tuesday.

Marqeta (MQ) set to post earnings on Tuesday. Marqeta (NASDAQ:MQ - Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect the company to post earnings of $0.0573 per share and revenue of $175.40 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 4:30 PM ET. Marqeta (NASDAQ:MQ - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.01 by $0.06. Marqeta had a net margin of 1.53% and a return on equity of 1.36%. The business had revenue of $176.00 million during the quarter, compared to analyst estimates of $172.96 million. Marqeta's revenue for the quarter was up 17.0% compared to the same quarter last year. On average, analysts expect Marqeta to post $0.28 EPS for the current fiscal year and $0.53 EPS for the next fiscal year. Marqeta stock performance. MQ stock opened at $18.33 on Tuesday. Marqeta has a fifty-two week low of $14.80 and a fifty-two week high of $22.28. The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 166.64 and a beta of 1.21. The business's 50 day moving average price is $16.90 and its two-hundred day moving average price is $16.63. Wall street analysts forecast growth. MQ has been the topic of several recent research reports. Keefe, Bruyette & Woods upped their price target on Marqeta from $18.00 to $19.00 and gave the stock a "market perform" rating in a research note on Wednesday, August 5th. Zacks Research downgraded shares of Marqeta from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, October 13th. Weiss Ratings raised shares of Marqeta from a "sell (d)" rating to a "sell (d+)" rating in a research report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Marqeta from $4.50 to $18.00 and gave the company a "hold" rating in a research note on Thursday, July 2nd. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $19.67. Marqeta company profile. Marqeta, Inc is a financial technology company that provides a modern card-issuing and payment-processing platform. Its infrastructure enables businesses to create, launch and manage physical, virtual and tokenized payment cards through application programming interfaces (APIs), without building a complete payments system internally. The company's platform supports card authorization and transaction processing, digital wallets, payment tokenization, fraud prevention and configurable spending controls. Receive News & Ratings for Marqeta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marqeta and related companies with MarketBeat.com's FREE daily email newsletter.

FinTech Futures
Oct 23rd, 2026
David Jenkins appointed as new CFO at Griffin.

David Jenkins appointed as new CFO at Griffin. Jenkins brings over three decades of experience in financial leadership roles and has previously held several CFO positions. October 23, 2026 UK-based bank and Banking-as-a-Service (BaaS) provider Griffin has appointed industry veteran David Jenkins as its new chief financial officer (CFO), effective immediately. At Griffin, Jenkins will be responsible for the company's financial strategy, capital and liquidity, treasury, and financial planning. He succeeds Chad Ryan, who served in the role between January 2023 and December 2025, according to his LinkedIn profile. Jenkins brings over three decades of experience in financial leadership roles and has previously held several CFO positions. He most recently held the role at Vemi Money, where he is credited with building out their "financial operations and risk management function, covering hiring, technology, treasury strategy, and governance", according to a Griffin statement. He also previously served as CFO at Recognise Financial Services, director of finance at Aldermore Bank, head of FP&A for Lloyds' consumer banking division, and group head of planning at Prudential UK. Earlier in his career, he held senior positions at Credit Suisse, ABN Amro, and PwC. Jenkins now joins a Griffin C-suite which includes co-founder and CEO David Jarvis, co-founder and chief technology officer Allen Rohner, and chief operating officer Ed Carter, a former JP Morgan executive who joined the company in 2024. Griffin offers BaaS and embedded finance products for fintechs and platforms, with partners including Marqeta and Uber. Since launching in 2024, Griffin claims to have processed over £8.9 billion in payments and serves 285,000 customers. Reporter, FinTech Futures Cameron Emanuel-Burns, a reporter at FinTech Futures, is dedicated to enhancing the accessibility of fintech for a broader audience. He has contributed articles to various media platforms and possesses a strong interest in all aspects of fintech. Prior to his involvement in the financial industry, Emanuel-Burns worked in the podcasting field, where he held editorial, hosting,and production positions for renowned production companies, covering diverse topics. With a research master's degree in conflict analysis, he conducted a study on the influence of anti-refugee policies on extremism.

Bitcoin News
Oct 16th, 2026
Coinbase and Marqeta bet on 24/7 stablecoin cards for enterprise payments.

Coinbase and Marqeta bet on 24/7 stablecoin cards for enterprise payments. Coinbase and Marqeta are expanding their partnership to offer businesses stablecoin-funded card programs with round-the-clock settlement powered by the Base network. A quiet but consequential infrastructure deal is taking shape in the payments industry. Coinbase and Marqeta are expanding their existing partnership to build enterprise-grade stablecoin card programs - products that would allow businesses to fund and operate payment cards at any hour of the day, settled onchain through Coinbase's Base Layer-2 network. It is a move that signals how seriously the two companies are now treating stablecoins not as a speculative asset class, but as functional payment rails. The mechanics are straightforward but the implications run deep. Under the planned offering, Coinbase would hold the stablecoin balances that businesses use to back their card programs, while Base would serve as the settlement layer - processing transactions onchain rather than routing them through the fragmented correspondent banking system that still governs most cross-border and after-hours payments. For corporate treasury teams accustomed to waiting until Monday morning to clear weekend transactions, the 24/7 funding capability alone represents a meaningful operational upgrade. Why enterprise cards, why now. The timing of this expansion is not accidental. Stablecoins have moved steadily from a crypto-native curiosity to a boardroom conversation, driven in part by clearer regulatory signals in major markets and by the demonstrated efficiency of dollar-pegged tokens for moving value across time zones without banking intermediaries. Marqeta, which built its reputation as a modern card-issuing platform serving fintechs and large enterprises alike, is now positioning itself at the intersection of that shift and its core card infrastructure business. What makes this particular partnership architecturally interesting is the role Base plays. Rather than using stablecoins as a funding mechanism that then converts back into traditional payment rails at settlement, the structure keeps the process onchain. Base provides the settlement infrastructure, meaning the ledger that records final, authoritative transaction state is a public blockchain - not a private database reconciled at end of day. This is the kind of structural difference that matters enormously at scale, particularly for multinational enterprises managing card programs across multiple currencies and jurisdictions. Marqeta's strategic positioning. For Marqeta, this expansion represents a deliberate push to stay relevant as enterprise payment needs evolve beyond what legacy card processors were designed to handle. The company has spent years building flexible, programmable card-issuing infrastructure. Adding stablecoin funding capability - with Coinbase as the balance custodian and Base as the settlement engine - gives Marqeta a credible answer to enterprise clients who are exploring blockchain-based treasury operations without wanting to build that infrastructure themselves. The custodial arrangement is equally worth examining. By placing Coinbase in the role of balance holder, the partnership effectively positions one of the most regulated and publicly scrutinized crypto companies in the United States as the institutional-grade custodian for enterprise card funds. That is a deliberate trust signal aimed at corporate finance officers who need regulatory clarity before committing operational capital to any blockchain-adjacent product. The broader stablecoin infrastructure race. This deal arrives as competition in the stablecoin payments infrastructure space is intensifying. Card networks, neobanks, and crypto-native firms are all racing to offer some version of stablecoin-backed spending products, but most of those efforts remain consumer-facing or limited in scope. An enterprise-grade offering - with 24/7 funding, institutional custody, and a public blockchain as the settlement layer - targets a different and more lucrative segment of the market. The use of Base as settlement infrastructure also deserves scrutiny beyond the technical. Base is Coinbase's own Layer-2 network, built on the Ethereum ecosystem. Routing enterprise card settlement through Base means Coinbase captures not only the custody relationship on the balance side but also the onchain activity on the settlement side. That dual position gives Coinbase visibility and potential revenue across the full transaction lifecycle - a vertically integrated model that few competitors can currently replicate. What this means for enterprise payments. If the planned offering reaches market and gains adoption, it could establish a template for how large businesses fund and settle card programs going forward. The 24/7 availability addresses a genuine pain point that the traditional banking system has never fully solved. The onchain settlement layer offers auditability and finality that legacy systems often cannot match. And the Coinbase-Marqeta pairing brings together institutional credibility on both the crypto and card-issuing sides of the equation. The critical test will be whether enterprise clients - with their compliance requirements, treasury policies, and risk frameworks - are ready to route operational card funding through a stablecoin infrastructure. The partnership structure suggests both Coinbase and Marqeta believe the answer is increasingly yes. How quickly that belief translates into live programs and transaction volume will be the real measure of how far enterprise stablecoin payments have actually come. Yuki tanaka. Digital assets and mining editor. Reports on Bitcoin mining economics, energy policy, and hardware innovation. § Comments Open discussion no account needed

Toscale
Oct 16th, 2026
Coinbase and Marqeta expand partnership to launch stablecoin-backed cards for enterprises.

Coinbase and Marqeta expand partnership to launch stablecoin-backed cards for enterprises. The partnership could accelerate stablecoin adoption in enterprise payments, enhancing transaction efficiency but facing regulatory challenges. Unfortunately, this resource does not provide the full text of the news :(

Associated Press
Oct 16th, 2026
Marqeta partners with Coinbase to launch stablecoin-backed card payments

Marqeta has teamed up with Coinbase to bring stablecoin-backed cards to crypto-native and non-crypto businesses, the card issuing platform announced on October 16, 2026. Coinbase will hold stablecoin balances and convert between digital assets and fiat. Its Base blockchain will handle settlement. Marqeta will provide card issuance and payment processing, and manage bank and network relationships. Businesses will be able to issue the cards and fund programmes 24/7. Cardholders can spend stablecoin balances at millions of merchants worldwide that accept cards. Marqeta already issues crypto-backed cards for Coinbase. "Expanding our relationship with Coinbase was a natural next step," said Anthony Peculic, chief strategy officer at Marqeta.