Summer 2026
Intern Product Security Engineer
Posted on 4/2/2026
Marqeta
1,001-5,000 employees
Open API card issuing platform
Compensation Overview
$45 - $53/hr
Company Historically Provides H1B Sponsorship
Remote in USA
Remote
Remote within the United States; Oakland office available for in-person collaboration if needed.
Bachelor's
 Software Engineering |
|---|
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- Currently pursuing or recently completed a degree in Computer Science, Cybersecurity, or a related field
- Foundational understanding of software development and common security concepts (e.g., OWASP Top 10)
- Familiarity with at least one programming language (e.g., Python, Java, Go, or JavaScript) and at least one cloud platform, such as AWS
- Curiosity and eagerness to learn about application security, cloud infrastructure, and CI/CD workflows
- Strong communication skills and a collaborative mindset
- Assist with security design reviews and threat modeling under the guidance of senior engineers
- Help build and maintain automated security testing tools integrated into CI/CD pipelines
- Support the creation of security education and training materials for engineering teams
- Research and document secure architecture patterns and best practices
- Assist in proof of concept evaluations for application security solutions
- Contribute to the day-to-day operations of the Product Security Team
- Cybersecurity or Cloud Computing Certifications
- Open source software contributions
- Involvement in Capture the Flag or other cybersecurity competitions or events
- Examples of practical applications of skills in the areas of AppSec, DevSecOps, or Offensive Security
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; net revenue hit $176 million.
- Marqeta posted its second straight GAAP profit on August 4, 2026.
- zerohash and BVNK partnerships launched stablecoin spending; Europe volume grew over 40%.
What critics are saying
- Block will drive little to no new Cash App issuance by year-end 2026.
- Q3 2026 revenue growth guidance fell to 6%-8% after Q2’s 17% growth.
- Marqeta faces shareholder litigation over 2024 disclosure claims and a 2026 investigation.
What makes Marqeta unique
- Marqeta’s API-first issuer stack powers cards, tokens, controls, and settlement across 40 countries.
- Google expanded Wallet for kids on August 6, 2026 using Marqeta’s controls.
- Marqeta’s Real-Time Decisioning links Adyen, Riskified, and Signifyd data for authorization.
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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
↑ 0%2 year growth
↓ -1%Marqeta appoints Eugenia Gibbons as Chief Product Officer. * August 26, 2026 Marqeta, Inc. has officially appointed fintech executive Eugenia Gibbons as the company's new Chief Product Officer, effective August 31, 2026. Gibbons will oversee the organization's entire global product division in this key executive role. She will lead design, market execution, and overall growth strategy for tools within the payment platform. The hire of a seasoned Chief Product Officer shows the company's dedication to scaling modern card issuance capabilities. Gibbons also has extensive experience in building high-growth corporate solutions in digital banking, commercial lending, and modern payments. During her career, she has led cross-functional teams in software engineering, risk assessment, digital design, and day-to-day business operations. Before accepting the position of Chief Product Officer at Marqeta, Gibbons managed the Consumer Money Business at Intuit. Earlier, she served as Senior Vice President and Consumer Banking Business Unit Leader at SoFi Technologies. Additionally, Gibbons held global executive positions at BBVA, Bank of America, Liberty Mutual Group, Hexacta, and Accenture. "Eugenia's combination of product leadership, financial services expertise, technical understanding, and operating experience make her the ideal leader to build on our momentum and propel Marqeta's solutions into their next chapter," said Mike Milotich, CEO of Marqeta. "She has a proven track record of building and scaling enterprise businesses, and we look forward to welcoming her to the team. Her leadership will be instrumental in further advancing our product strategy and delivering the capabilities that enable our customers' success." "Marqeta has built a differentiated platform at the center of modern payments innovation, and I'm thrilled to join this talented team at such an exciting time in the company's journey," said Gibbons. "I look forward to working closely with our customers, partners, and teams across the company to deepen Marqeta's impact across the industry." Advancing global card issuing platforms and digital payments. Stepping into her responsibilities as Chief Product Officer, Gibbons will refine Marqeta's card processing architecture. The enterprise platform provides businesses with complete control over credit, debit, and prepaid credential issuance. Moreover, the hiring of a dedicated Chief Product Officer aids Marqeta in further corporate partner integration. The company has specialized fintech tools that enable commercial enterprises to quickly deploy flexible payment programs. Marqeta's modern platform infrastructure makes the complicated transaction authorization processes easier. This results in real-time spending controls and dynamic web application integration for commercial customers. In addition, the new Chief Product Officer will be focused on driving software delivery faster across both the consumer and commercial markets. Gibbons will link engineering goals straight to changing merchant requirements. This leadership change further highlights Marqeta's commitment to leading the future of digital payments. Marqeta is adding a veteran chief product officer as it builds out its cloud infrastructure to grab more market share across global financial sectors. For more stories on technology leaders shaping the future of enterprise solutions, visit its CXO Insiders.
Marqeta has appointed Eugenia Gibbons as chief product officer, effective 31 August 2026. Gibbons will oversee strategy, design, and execution across the card issuing platform's product suite. Gibbons joins from Intuit, where she served as general manager of the Consumer Money Business. Previously, she was senior vice president and consumer banking business unit leader at SoFi Technologies. She also held leadership positions at BBVA, Bank of America, Liberty Mutual Group, Hexacta, and Accenture. Marqeta CEO Mike Milotich said Gibbons' combination of product leadership and financial services expertise makes her ideal to advance the company's product strategy. Marqeta's platform processed nearly $400 billion in annual payments volume in 2025.
Marqeta has expanded its partnership with Google to support a new Wallet for kids offering in the US. The collaboration enables children and teens under 18 to receive and spend allowances digitally without needing a traditional bank account. Using Marqeta's card issuing platform, parents can set daily spending limits, monitor transaction history, and lock or unlock their child's balance. Supervised children can use NFC-enabled Android phones and Wear OS devices to tap to pay in stores. The companies have previously worked together on tokenisation and virtual card capabilities for instant card issuance in Google Wallet. Marqeta's platform provides card issuing, tokenisation, programme management, and real-time spend controls, allowing Google to deliver the family payments experience quickly and at scale.
Marqeta has partnered with Riskified to integrate pre-authorisation risk intelligence into its card issuing platform. The collaboration aims to improve fraud detection and authorisation accuracy for issuers using Marqeta's services. The integration is expected to support higher approval rates for legitimate transactions whilst helping reduce false declines for merchants. By incorporating Riskified's fraud prevention tools directly into the authorisation process, Marqeta seeks to provide better risk assessment before transactions are approved. This partnership aligns with ongoing pressure across the payments industry to reduce fraud whilst maintaining fast and reliable checkout experiences. For issuers and merchants, better risk assessment may help approve more valid transactions whilst limiting exposure to fraudulent activity. The integration ties Marqeta's Real-Time Decisioning product more closely to fraud outcomes, potentially influencing how clients assess Marqeta compared with alternatives like Stripe and Adyen.
Marqeta reported second-quarter 2026 results with net revenue of $176 million and net income of $7.57 million, marking its second consecutive quarter of GAAP profitability. Total processing volume grew 32%. The company issued guidance for slower growth ahead, projecting third-quarter net revenue growth of 6% to 8% and full-year growth of 12% to 13%. Marqeta announced new initiatives including stablecoin-backed card solutions and expanded payment capabilities. Director Najuma Atkinson resigned effective 3 August 2026. Investors face the key question of whether Marqeta can sustain profitability amid decelerating growth and heavy reliance on major customers like Block. Analysts project the company will reach $971.1 million in revenue by 2029, requiring 14.2% annual growth.