Marqeta services the cards for many gig related companies, such as UBER, Instacart and DoorDash. I think as inflation continues and gig work rises, $MQ is set to benefit substantially with increased transactions. We will have better clarity on this investment thesis when earnings are released on May 11th.

In addition, $MQ provides exposure to crypto, which although I’m not entirely convinced on, the asset class has become mainstream and crypto wallets are finding very prosperous niche markets in sanctioned economies, video games and streaming, and a means of supporting causes worldwide with less red tape.

Furthermore, investment banks are increasing analyst coverage of Marqeta with a positive outlook. However, traditional investors prefer a bit of a financial track record and at first glance $MQ looks like a SPAC, but is in fact an IPO. From a quick search on Reddit, Marqeta is currently not on the retail investors radar.

Happy trading and investing during such turbulent times in our history. Thanks for reading and sharing 🍻