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Marqeta partners with Scalapay to expand product reach across Europe

FinTech Infrastructure

Oct 17, 2023

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Oct 17, 2023

Marqeta partners with Scalapay to expand product reach across Europe

Partnerships

Marqeta, a card issuing infrastructure provider, has partnered with Scalapay, an Italian buy-now-pay-later (BNPL) provider, to grow its product reach across Europe.
Through this partnership, Marqeta will be expanding its product reach by allowing Scalapay to leverage its platform to issue virtual cards, which allow users to make flexible payments for online and in-store transactions.
Analyst QuickTake: In recent months, we have seen several FinTech infrastructure providers partnering with BNPL players to support increasing product reach initiatives and grow geographically across different product verticals, such as Credova partnering with Bravo Store Systems (October), Sezzle partnering with WooCommerce (September), Zip partnering with Primer (September), and Klarna partnering with APEXX Global (September).

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