$Marqeta, Inc.(MQ)$I'm long MQ. I bought near its lowest and have prepared cash to buy more. No brainer stock. Its powerful moat sets up payment rails for banks, companies like BILL.com, Amazon, Affirm, JP Morgan, Mastercard, Square, even crypto companies, like most of the companies you can think of, and with so many more to come, it is the backbone behind their card payment systems.
Think of MQ like a toll booth, with each transaction, it collects a token sum. With high volume, you sit and collect money. 1 transaction, a small percentage of fees that is lower than the cost for the company that uses it to set up. Naturally, the company will use it. PTs are about $40 to $50. Regardless of Fed tapering, this stock will take off because taper or not, inflation or not, you need to pay with a card. Whether you use fiat or crypto, you, you pay with a card of sorts whether digital or physical card, a card is a card. And MQ runs them. Its tech trounces competitors, hence it can snare big big customers ad mentioned above. Go figure.
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