back Back

Marqeta powers Trading 212’s expansion across Europe

By Gloria Methri

January 23, 2025

  • Card Issuing
  • Credit Card Program Management Platform
  • Credit Management
Share

Marqeta, Modern Card Issuing Platform, Credit Card Program Management Platform, Power Finance, Inc., Credit Management, USAMarqeta, the modern card issuing platform, is powering Trading 212’s launch into 20 countries in continental Europe. Marqeta powers the Trading 212 card, a debit card that helps Trading 212 deepen its relationship and increase engagement with its over 3 million customers, allowing consumers to spend on the Trading 212 platform with zero fx and account fees and earn 0.5% cashback rewards that can quickly be reinvested in the platform.

Trading 212 aims to upend the status quo in financial services and democratise access to markets with free and easy-to-use apps, enabling anyone to start their wealth-building journey. It offers zero-commission stock trading services in the UK and Europe, unlocking the stock market for millions of people.

Trading 212 selected Marqeta for its ability to act as a trusted ally for its customers and help them enter new countries with faster time-to-market, as opposed to launching in each region independently. Certified to operate in more than 40 countries, Marqeta’s platform simplifies the process of launching in new geographic markets. It minimises the time for customers to ramp, allowing them to get to market faster than starting from scratch.

Trading 212 is also using Marqeta’s suite of fraud tools, specifically Real-Time Decisioning, which is powered by AI, to identify high-risk transactions and notify users of potential fraud cases as they happen, and 3D Secure, which provides an additional layer of security by requiring cardholders to complete an additional verification step at the time of payment.

“Marqeta really simplified the process of launching in new countries, allowing Trading 212 to expand quickly and capitalise on our growing momentum in Europe,” said Mukid Chowdhury, CEO of Trading 212. “We are aiming to unlock the stock market, giving over 3 million customers in the UK and Europe access to investing capabilities that haven’t been easily accessible in the past. The Trading 212 card, powered by Marqeta, is an extension of our brand and helps keep Trading 212 top of mind for our customers in their day to day spending.”

“With our scalable platform, Marqeta makes it possible for innovative brands like Trading 212 to accelerate their time to market and capitalise on the tremendous demand for stock trading,” said Marcin Glogowski, SVP and Managing Director, Europe and UK CEO at Marqeta. “We aim to support our customers as they grow, whether adding new capabilities or entering new markets. Marqeta is a trusted partner that helps reduce the complexity of payments, so customers like Trading 212 can focus on growing their business.”

Previous Article

January 23, 2025

Revolut launches Robo-Advisor in Singapore to simplify Investments

Read More
Next Article

January 23, 2025

Q2 & Alloy to deliver Fraud Monitoring Solution for Banks & Credit Unions

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 05, 2025

Moneyhub powers Money Squirrel’s financial management app for SMEs

Read More

February 04, 2025

HSBC taps Delta Capita to facilitate Post-Trade OTC Derivative Services

Read More

February 04, 2025

Solaris secures $144m in Series G funding

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q4 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2024
Know More