Payments startup Marqeta is looking to hire investment banks to advise the company on a potential IPO; the company has been one of the biggest stars during the lockdown with a surge in online shopping and food delivery payments through their platform; sources tell Reuters that the listing could happen later this year or in 2021; Marqeta is currently valued at $4.3bn and were told that if they went public they could garner a considerably higher valuation; payments firms have been some of the better performing fintech companies in the public markets and the stay at home orders have only helped accelerate the shift to digital payments. Reuters.
