Marqeta, a cutting-edge card issuing platform, has enabled Trading 212 to expand its services into 20 countries across continental Europe. The collaboration focuses on the introduction of the Trading 212 card, a debit card designed to enhance customer engagement and deepen connections with its user base, which exceeds 3 million individuals.
The partnership was established due to Marqeta’s reputation as a reliable ally for businesses looking to expand internationally. By leveraging Marqeta’s expertise, Trading 212 can enter new territories more swiftly and efficiently, avoiding the lengthy process of establishing operations in each country independently. With certification to operate in over 40 nations, Marqeta’s platform streamlines market entry, allowing clients to ramp up operations more rapidly compared to building from the ground up.
Moreover, Trading 212 is utilizing Marqeta’s advanced fraud prevention tools. One standout feature is Real-Time Decisioning, which employs artificial intelligence to detect high-risk transactions and alert users of potential fraud in real-time. In addition, the platform incorporates 3D Secure technology, adding a supplementary security measure requiring users to verify their identity during transactions.
The CEO of Trading 212 praised Marqeta’s role in simplifying the expansion process, enabling a speedy rollout in response to growing demand in Europe. The aim is to democratize access to the stock market, providing customers in the UK and Europe with investment opportunities that were previously hard to come by. The Trading 212 card, powered by Marqeta, represents an extension of their brand, helping to keep it in the forefront of customers’ minds during their everyday spending.
Marqeta’s scalable platform is designed to empower innovative companies like Trading 212 to accelerate their market entry and meet the increasing demand for stock trading services. The company’s approach centers on offering support that fosters growth, whether through the addition of new features or by facilitating entry into new markets. Marqeta positions itself as a trusted partner, simplifying complex payment processes so that clients can concentrate on expanding their operations.