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Marqeta Appoints Patti Kangwankij as New Chief Financial Officer

Story Highlights
  • Marqeta named Patti Kangwankij as its new chief financial officer, effective February 9, 2026.
  • The CFO hire strengthens Marqeta’s financial leadership as it targets rapid growth and improved profitability in card issuing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Marqeta Appoints Patti Kangwankij as New Chief Financial Officer

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Marqeta ( (MQ) ) has shared an announcement.

On January 7, 2026, Marqeta announced that it has appointed Patti Kangwankij as Chief Financial Officer, effective February 9, 2026, with current CEO and CFO Mike Milotich relinquishing the finance role while remaining chief executive and a board member. Kangwankij, a veteran finance executive with more than two decades of experience at Roofstock, Stripe and JPMorgan Chase, will oversee all financial operations and strategy at Marqeta, backed by a compensation package combining salary, bonus eligibility, and substantial equity awards; the move is intended to deepen the company’s payments and finance leadership bench as it pursues rapid growth and improved profitability in the competitive card-issuing and embedded finance market.

The most recent analyst rating on (MQ) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on Marqeta stock, see the MQ Stock Forecast page.

Spark’s Take on MQ Stock

According to Spark, TipRanks’ AI Analyst, MQ is a Neutral.

Marqeta’s overall stock score reflects strong financial performance in terms of cash flow and gross profitability, bolstered by positive earnings call sentiment and strategic corporate actions like the share repurchase program. However, challenges in achieving net profitability, mixed technical indicators, and valuation concerns weigh on the score.

To see Spark’s full report on MQ stock, click here.

More about Marqeta

Marqeta, Inc., headquartered in Oakland and listed on Nasdaq under the ticker MQ, operates a modern card issuing platform that enables companies to build and embed financial services into their branded experiences. Its technology allows businesses to use real-time data to create personalized financial solutions for use cases ranging from consumer loyalty to capital efficiency, and its compliant, security-focused infrastructure processed nearly $300 billion in annual payment volume in 2024 across more than 40 certified markets worldwide.

Average Trading Volume: 4,425,810

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.16B

See more data about MQ stock on TipRanks’ Stock Analysis page.

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