Today we announced a new European leader, amid significant growth and momentum in our European business driven by growing demand for embedded finance offerings. We witnessed an 86% jump in European total processing volume from Q1 2023 to Q1 2024, and named PayPal veteran Marcin Glogowski as SVP, Managing Director Europe and UK CEO, where he will be responsible for leading our go-to-market team across the region.
Glogowski joins Marqeta from PayPal, where most recently he led the Central Eastern Europe region, overseeing growth strategy and sales across 30 European markets. Before PayPal, he spent 10 years in strategic consulting working for multinational financial services organizations in Europe and beyond. He will be based in Marqeta’s newly expanded London office.
“The growth of our business in Europe speaks volumes to the global appeal of our platform among fintechs and embedded finance customers,” said Simon Khalaf, CEO at Marqeta. “Marqeta is proud to welcome Marcin to the team, where he’ll bring regional expertise to continue to drive our business forward in the UK and Europe and will help us to continue to help our customers scale and unlock new opportunities to elevate their card programs and achieve greater business growth.”
Learn more about how we’re enabling embedded finance in Europe here.
