Marqeta CEO Jason Gardner has led the company to double its revenue every year over the past four ... [+] years. Timothy Archibald/The Forbes CollectionOakland-based fintech startup Marqeta has raised $150 million in new funding from a single investor at a $4.3 billion valuation. Payments giant Stripe inched up from $35 billion in September 2019 to $36 billion in April 2020. Credit card startup Brex saw only a slight increase in its prior $2.6 billion valuation when it raised money earlier this month. For instance, Instacart uses Marqeta to restrict which items its delivery people can buy, helping prevent fraud. With Marqeta’s new valuation, Gardner’s personal net worth now exceeds $400 million, Forbes estimates.

Source: Forbes May 28, 2020 09:56 UTC