Marqeta Appoints Patti Kangwankij as CFO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
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Marqeta announced the appointment of Patti Kangwankij as the company's chief financial officer, effective February 9. She will succeed Mike Milotich, who was appointed CEO in September 2025. Kangwankij will join Marqeta from Roofstock, where she serves as CFO.
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Analyst Views on MQ
Wall Street analysts forecast MQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MQ is 5.13 USD with a low forecast of 4.50 USD and a high forecast of 5.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
0 Buy
7 Hold
1 Sell
Hold
Current: 4.170
Low
4.50
Averages
5.13
High
5.50
Current: 4.170
Low
4.50
Averages
5.13
High
5.50
About MQ
Marqeta, Inc. is engaged in providing modern card issuing platform empowers its customers to create customized and payment card programs. The Company provides a single, global, cloud-based, open application programming interface (API) platform for modern card issuing and transaction processing. It works with companies in a range of different configurations, such as Managed By Marqeta and Powered By Marqeta. With Managed By Marqeta, the Company provides an issuing bank partner to act as the bank identification number; sponsor for the customer’s card program; manages the customer’s card program on behalf of the issuing bank, and provides a full range of services, including configuring many of the critical resources required by a customer’s production environment. With Powered By Marqeta, it provides payment processing, and assists with certain configuration elements that enable the customer to use the platform independently.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Marqeta Schedules Q4 and Full Year 2025 Financial Results Call for February 24, 2026
- Earnings Call Announcement: Marqeta will host a conference call on February 24, 2026, at 4:30 PM ET to discuss its Q4 and full year 2025 financial results, which is expected to provide investors with critical financial data and future outlook.
- Executive Leadership: The call will be led by CEO Mike Milotich and CFO Patti Kangwankij, ensuring that investors receive direct insights and analyses from the company's leadership, thereby enhancing transparency.
- Market Reaction Anticipation: The financial results will be released after market close, and investors will closely monitor the performance data to assess Marqeta's market position and growth potential within the global modern card issuing platform.
- Platform Strength: Marqeta's platform processed nearly $300 billion in annual payment volume in 2024, showcasing its robust capabilities and market recognition in the financial services sector, which is expected to attract more enterprise clients' attention.
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Marqeta Appoints Patti Kangwankij as CFO to Drive Rapid Growth
- Executive Appointment: Marqeta announced the appointment of Patti Kangwankij as Chief Financial Officer effective February 9, 2026, succeeding Mike Milotich, who became CEO in September 2025, aiming to drive rapid growth and enhanced profitability.
- Extensive Experience: Kangwankij brings over 20 years of finance experience, having served as CFO at Roofstock and leading Payments Finance and Strategy at Stripe, where she successfully scaled financial functions during rapid growth.
- Strategic Significance: Her appointment is seen as critical for Marqeta's execution of its customer-centric strategy, expected to accelerate platform scaling and drive customer innovation, thereby enhancing the company's competitive position in the market.
- Market Potential: With nearly $300 billion in annual payment volume processed in 2024, Kangwankij's leadership will help Marqeta seize growth opportunities in compliance and security across more than 40 countries worldwide.
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