
Marqeta Inc (NASDAQ:MQ) shares are trading higher after the company announced a new partnership with Citi Commercial Cards to facilitate the provisioning of cards into mobile wallets.
"This offering will give our corporate clients a convenient way to instantly provision a card into their mobile wallet of choice to pay seamlessly and securely on the go. Marqeta's tokenization services will be implemented globally in over 40 markets," said Gonca Latif-Schmitt, Global Head of Citi Commercial Cards.