SCHEDULE 13G/A: BlackRock Amends Marqeta Stake, Discloses 6.5% Beneficial Ownership

BlackRock, Inc. has filed an amended Schedule 13G, revealing a 6.5% beneficial ownership stake in Marqeta Inc.'s Class A Stock as of June 30, 2025.

Summary

• BlackRock, Inc. filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Marqeta Inc.
• BlackRock beneficially owns 28,211,644 shares of Marqeta Inc.'s Class A Stock.
• This represents 6.5% of the Class A Stock outstanding.
• BlackRock holds sole voting power over 27,385,335 shares and sole dispositive power over 28,211,644 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Marqeta Inc.
• Several BlackRock subsidiaries are identified as beneficially owning 5% or greater of the outstanding shares, including BlackRock Advisors, LLC, BlackRock Investment Management (UK) Limited, BlackRock Fund Advisors, and BlackRock Institutional Trust Company, National Association.

Sentiment

Score: 7

Explanation: The filing indicates a significant, passive institutional investment by BlackRock in Marqeta, suggesting confidence from a major asset manager. While it's a standard disclosure and not a performance report, the size and nature of the stake are generally positive signals for the company.

Positives

• BlackRock, a major institutional investor, holds a significant stake (6.5%) in Marqeta, indicating institutional confidence.
• The filing confirms that BlackRock's stake is for investment purposes in the ordinary course of business, not for control, which suggests stability in the ownership structure.

Negatives

• NA

Risks

• NA

Future Outlook

This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding Marqeta Inc.'s future performance or BlackRock's future investment intentions beyond the certification that the shares are held in the ordinary course of business.

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

Industry Context

This Schedule 13G filing reflects a significant passive investment by BlackRock, one of the world's largest asset managers, in Marqeta Inc., a company operating in the financial technology (fintech) sector. Such a substantial stake from a major institutional investor can be viewed as a vote of confidence in the company's long-term prospects within the competitive fintech landscape, where digital payment solutions and card issuing platforms are experiencing growth.

Comparison to Industry Standards

• This document is a regulatory ownership disclosure and does not provide financial results or operational metrics for comparison to industry standards or specific comparable companies. It solely details BlackRock's beneficial ownership stake in Marqeta Inc.

Stakeholder Impact

• Shareholders: Provides transparency on a significant institutional holder's stake, potentially boosting confidence.
• Employees, Customers, Suppliers, Creditors: No direct impact from this ownership disclosure.

Next Steps

• No specific future actions or milestones for Marqeta Inc. are mentioned in this ownership disclosure. BlackRock will continue to monitor its investment and file updates as required by SEC regulations.

Key Dates

Recommendation

Keywords

Marqeta Inc., BlackRock, Schedule 13G, Beneficial Ownership, Class A Stock, Institutional Investor, Fintech