---
schema_version: "secwatch.filing_event.v1"
accession: "0001522540-23-000030"
form_type: "8-K"
ticker: "MQ"
cik: "0001522540"
company_name: "Marqeta, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T14:50:08.658891+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Marqeta extends Block agreement through 2028; becomes default international issuer processor

## Summary
- Extended Square Debit Card and Cash App programs to June 30, 2028 (one-year extension for Cash App).
- Reduced pricing for the Square Debit Card program under the amendment.
- Marqeta to be default issuing processor in non-U.S. markets where Block operates (subject to exceptions).
- Block has been a stockholder and warrant holder of Marqeta since 2021.
- Amendment executed on November 3, 2023.

## SEC filing metadata
- accession: 0001522540-23-000030
- form_type: 8-K
- ticker: MQ
- cik: 0001522540
- company_name: Marqeta, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1522540/000152254023000030/0001522540-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1522540/000152254023000030/mq-20231103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001522540-23-000030
- JSON: https://secwatch.observer/filing/0001522540-23-000030.json
- Plain text: https://secwatch.observer/filing/0001522540-23-000030.txt

## Key facts
- Material Agreements
  Marqeta, Inc. amended the Amendment with Block, Inc. (formerly Square, Inc., or "Block") (effective 2023-11-03).
  - Action: amendment
  - Counterparty: Block, Inc. (formerly Square, Inc., or "Block")
  - Effective: 2023-11-03
  source text: On November 3, 2023 , Marqeta, Inc. (the “Company”) executed a contract amendment (“the Amendment”) to its Master Services Agreement with Block, Inc. (formerly Square, Inc., or “Block”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1522540/000152254023000030/0001522540-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
