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Monday, April 15, 2024
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Tag: cardoworks

Mastercard and Marqeta expand partnership

Marqeta, which offers a card issuing platform, and Mastercard plan to expand into new regions and launch additional card programs together. Their expansion plan will begin in Asia Pacific.

Ally Financial will buy CardWorks and it makes a $2.65 billion deal

Auto lender Ally Financial Inc on Tuesday has announced it’s buying subprime lender CardWorks for $2.65 billion. Ally Fin. looks to diversify its consumer product offerings, supported by a growing and low-cost deposit base.
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