Visa, CommerzVentures and CreditEase were among the existing investors that backed card issuer Marqeta in a round that valued it at nearly $2bn.

Marqeta, the US-based operator of a payment-card issuing service, closed a $260m series E round yesterday featuring payment services firm Visa, financial services firm CommerzBank and online wealth manager CreditEase. Investment manager Coatue Management led the round, which valued the company at almost $2bn. It included Goldman Sachs, Vitruvian Partners, Spark Capital, Lone Pine Capital,…

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