Marqeta teams with Mastercard to help European startups get card programs to market more easily

Prague-based Twisto is the first company to launch a new program using this service.

We’re excited to announce that Marqeta is now a European-certified processor with Mastercard. Twisto, an innovative daily payments app linked to a card, will be the first European customer to deploy Marqeta’s card processing capabilities with Mastercard.

Mastercard’s European customers will now have the opportunity to work with the Marqeta platform. They will benefit from instant access to a sandbox, which empowers customers to more easily test and build in new innovations, and fully detailed API documentation via our website. Mastercard offers payment solutions for businesses, retailers, governments, and consumers across Europe and the world. This certification will enable Marqeta to help digital banks and fintechs get to market and scale more easily.

Twisto will now benefit from Marqeta’s platform, giving it a fast, transparent and hassle-free way to issue cards through Mastercard. Additionally, the offering gives Twisto access to actionable, real-time transaction data that will help them further optimize business decision making.

Jason Lane, Executive Vice President, Market Development Europe at Mastercard said: “By partnering with an innovative global payment platform like Marqeta, we can help Mastercard issuers build card products even faster, while also retaining complete control over the end-to-end process. Marqeta brings a transparent, innovative and easy-to-use payment processing platform to the table, which made it an easy decision to partner with them.”

“Our recent launch of the Twisto app and card offering in Poland has been very well received by customers, with over 70,000 sign ups and over 20,000 cards ordered in the first 30 days from launch. We are very pleased with the speed of execution through this launch, and strategic partners like Mastercard and Marqeta have been fundamental to enabling the success of the technology. We look forward to exploring expansion opportunities across the EU on the back of this solution,” said Michal Smida, Founder/CEO at Twisto.