Marqeta Shares Fall 40 Percent on Regulatory Delays and Weak Forecast

Marqeta shares have fallen 40% following regulatory delays and a weaker-than-expected fourth-quarter forecast. The card issuing platform, which powers card programmes for major fintechs, faces uncertainty over key regulatory approvals.

The sharp sell-off reflects investor concerns about the impact of regulatory delays on Marqeta's growth trajectory and partnerships. The company's platform enables companies like DoorDash, Square and Klarna to issue customised payment cards.

The stock decline highlights the regulatory risks facing fintech infrastructure companies, where delays in approvals can have cascading effects on revenue forecasts and partnership timelines.