Marqeta at Goldman Sachs Communacopia + Technology Conference: growth shifts

September 9, 2026 — Marqeta, a payments technology company, highlighted its rapid growth during the Goldman Sachs Communacopia + Technology Conference. CEO Mike Milotich stressed that the company's success is driven by larger enterprise deals, international expansion, and new product launches, despite facing revenue pressure from older contracts and customer renewals.

Marqeta's total payment volume stands at $120 billion, with a monthly growth rate exceeding 30% over the past four quarters. Revenue growth, after adjusting for discrete items, is in the low double digits, approximately 10% to 12%. International payment volume has surged more than 40%, accounting for roughly one-fifth of the total.

New deals boast an average size that has increased by over 90% year-over-year, indicating a shift toward larger enterprise clients. Marqeta's core payment volume remains robust, and management anticipates revenue growth to stabilize in the low double digits by the end of 2025 as existing contracts conclude. The company's focus on larger, established clients is reshaping its business landscape, with a growing emphasis on credit, stablecoins, and agentic commerce.