global fintech Marqeta has announced its entry into Europe , hiring a team of five in London and winning new clients . The Goldman Sachs and Visa - backed start - up manages the issue of payment cards and forms of payments for digital - only banks and payment companies including Square , Affirm and Alipay . Marqeta founder and CEO Jason ##tech & Brexit was not an issue for the company when establishing its first European base . Fintechs have generated a larger share of industry revenue in the UK than in the US and the rest of Europe , according to an Accenture report .
US fintech Marqeta has announced its expansion into Europe, hiring a team of five in London and winning new clients. The Goldman Sachs and Visa-backed start-up manages the issue of payment cards and processing of payments for digital-only banks and payment companies including Square, Affirm and Alipay. Marqeta founder and CEO Jason Gardner said Brexit was not an issue for the company when choosing its first European base. Fintechs have enjoyed a larger share of industry revenue in the UK than in the US and the rest of Europe, according to an Accenture report.