Marqeta Expands to 30 European Countries in Collaboration with Banking Circle
Marqeta announced that it has expanded its portfolio of account and money movement tools into 30 additional European countries through its collaboration with Banking Circle, a leading global bank licensed in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier, or CSSF. The company's expanded offering enables businesses across Europe to enrich their card programs with embedded virtual accounts and multi-rail payment capabilities, creating more personalized experiences that drive deeper customer engagement. The portfolio expansion builds on Marqeta's strong momentum in the region, underscored by its 8x growth in total processing volume for its European card programs from 2022 to 2025, as well as its acquisition of TransactPay in 2025.