Case Study: Torpago streamlines expense management and scales corporate card programs with Marqeta

Spend management platform uses modern card issuing to disrupt traditional corporate cards

Torpago is a modern spend management platform founded in 2020 to simplify corporate expenses for growing businesses. Facing friction from manual expense reporting and a need for an issuer processor that could deliver virtual and physical cards, fine-grained spend controls, tokenization, and strong fraud management, Torpago selected Marqeta’s modern card-issuing platform (including Gateway JIT Funding, virtual cards, tokenization, RiskControl and 3D Secure) to power its card program.

Working with Marqeta, Torpago implemented virtual single‑use cards, spend and velocity controls, KYB verification, tokenized cards and real‑time JIT funding, backed by Marqeta’s RiskControl tools. Since launching with Marqeta in early 2020 the company has issued thousands of cards, achieved 100% month‑over‑month growth through 2021, recorded a 2.3x increase in average monthly transaction volume year‑over‑year as of May 2022, and earned a 5‑star G2 rating while materially reducing fraud risk.

Torpago

Brent Jackson

CEO & Founder