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We need virtual card issuing capabilities, alongside the ability to see spend data, inject metadata into the transaction set spend controls. It was very much a powerful sort of differentiator for us versus our competitors.

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无能者2021-11-14 22:31

Jason Gardner
Yes. Hi, Josh. Money 20/20 was interesting. So people who on the call who don't know what Money 20/20 is, it's a conference that is in its 11th year. It was actually canceled last year. And it's a conference we started with from the beginning. It really gave a platform for fintech when fintech wasn't even a thing. And it's really helped us grow our business over the years, get our message out meet with new customers and prospects. It's been great.
So about I think a month before Money 20/20, we had actually made a decision not to attend because of the pandemic. I think they went from 2,000 attendees to 8,000 attendees in three weeks. And then we sent 30 people there. We had a number of dinners. We set up a lot of meeting rooms. It was actually the first time that we didn't have a booth. Interestingly enough even during a pandemic, we had the same result, the same number of meetings, the same prospects that we got connected with. It's always been a great event for us.
What I saw that was very different was two things, and it serve us to a third. One was a lot around crypto, around not only creating the gateway to spend crypto with the point of sale but a lot around sort of defy or decentralized finance leveraging blockchain and for blockchains to create new ways of not only moving money, but controlling identity. It was really interesting. I saw some of this stuff two years ago but it was front and center.
The second thing, I saw was a lot around KYC, AML really around sort of the compliance end of things. And it's interesting that's how I'm beginning to see as crypto and the talk about crypto is tying that back to finance. And I think this all leads into the third, which we're finding a lot around trust and verify. So when you're moving money both consumers and businesses' money trust and verify is a very important part of the ecosystem.
So I think when you see crypto and you see compliance it's got to be sped into this whole area of what I like to refer to as really trust and verify.
So, I'm really curious as what's going to happen next year. I definitely think we're going to see more around sort of decentralized finance. We're going to see a lot more around card products. We're going to see a lot more around countries and new networks. But I'm always sort of astounded by what happens next and Money 20/20 has been something we will continue to be a part of in the future for sure.

无能者2021-11-14 19:52

As you know 2021 was stronger than we anticipated benefiting from both stimulus and the macro COVID environment. We will be starting 2022 with a larger revenue base than we anticipated. And I would not expect growth rates in 2022 to be as high as 2021$$Marqeta(MQ)$