
Marqeta (NASDAQ: MQ), a global leader in card issuing platforms, has partnered with Found, a business banking platform serving small businesses and self-employed professionals. Found’s commercial card solution, powered by Marqeta, offers users advanced financial tools, including streamlined expense management, enabling better financial control and efficiency.
Small businesses and the self-employed often lack access to flexible financial tools, with 82% of SMB failures attributed to cash flow issues. Found addresses these challenges by offering a business banking platform with enhanced capabilities like expense management, tax handling, and bookkeeping. By integrating Marqeta’s technology, Found provides tailored card solutions, allowing customers to set spending limits and track transactions in real time, directly within the platform. This gives users better cash flow control and a customized experience.
“Found is committed to improving financial wellness for the self-employed,” said Lauren Myrick, CEO of Found. “Marqeta’s adaptable platform strengthens our offering by simplifying expense management, enabling small business owners to focus on growing their business.”
Marqeta’s commercial card solutions allow businesses to scale and customize their programs, providing real-time visibility and control over card spending. This helps companies manage expenses, comply with regulations, and streamline financial operations.
“Innovators like Found are leading the charge in the growing self-employed sector,” said Todd Pollak, Chief Revenue Officer at Marqeta. “We are excited to support Found in delivering spend management solutions that empower small businesses.”
About Marqeta Marqeta empowers companies to embed financial services into their offerings, unlocking new growth opportunities. In 2023, Marqeta processed over $200 billion in payments across 40+ countries. Learn more at www.marqeta.com.
About Found Found is a fintech company focused on simplifying self-employment with integrated banking, bookkeeping, invoicing, and tax tools for small business owners. Found’s debit cards are issued by Piermont Bank, Member FDIC.