Granite Ventures: Oakland fintech charged up with $150 million in fresh funding

Oakland-based fintech Marqeta, which issues payment cards for startups, announced Thursday morning that it has raised $150 million in investor funding and has doubled its valuation, which now stands at $4.3 billion. The company stated that the money came from a leading institutional investor but did not name the investor. The financing comes a year after Marqeta revealed last May that it had received $260 million in equity financing in a round led by Coatue, with participation from Vitruvian Partners...