Today we announced that Marqeta is powering Trading 212’s launch into 20 countries in continental Europe. Marqeta powers the Trading 212 card, a debit card that helps Trading 212 deepen its relationship and increase engagement with its over 3 million customers, allowing consumers to spend on the Trading 212 platform with zero fx and account fees and earn 0.5% cashback rewards that can easily be reinvested in the platform.
Trading 212 selected Marqeta thanks to our ability to act as a trusted ally for our customers and help them enter new countries with faster time-to-market, as opposed to launching in each region independently. Certified to operate in more than 40 countries, our platform simplifies the process of launching in new geographic markets and minimizes the time for customers to ramp, allowing them to get to market faster than starting from scratch.
“Marqeta really simplified the process of launching in new countries, allowing Trading 212 to expand quickly and capitalize on our growing momentum in Europe,” said Mukid Chowdhury, CEO of Trading 212. “We’re aiming to unlock the stock market, giving over 3 million customers in the UK and Europe access to investing capabilities that haven’t been easily accessible in the past. The Trading 212 card, powered by Marqeta, is an extension of our brand and helps keep Trading 212 top of mind for our customers in their day to day spending.”
