How Marqeta Uses Cards To Power Disruption In Lending

Neither a borrower nor a lender be, the saying goes. Although in a perfect world that might be the way to live life, we live in a world far from that.

Instead, we have many would-be borrowers and like-to-be lenders hamstrung to deliver the services that put money into the hands of borrowers, build loyalty with lenders and deliver the data that helps both make better, smarter, risk-based decisions about future borrowing opportunities.

There’s a card for that, says Marqeta VP Salman Syed – a card that alternative lenders can issue to their borrowers and on which they can deposit loan proceeds immediately. Syed says that helps build loyalty between those borrowers and lenders, who now can be better business partners.