Marqeta recently announced that Patti Kangwankij is the new Marqeta Chief Financial Officer (CFO). She will officially begin her role on February 9, 2026. This transition follows a leadership change within the modern card issuing platform. Kangwankij will succeed Mike Milotich in this vital position. Milotich moved into the role of Chief Executive Officer in September 2025. Consequently, the company now has a permanent leader for its financial operations.
Ms. Kangwankij joins the team from the real estate technology firm Roofstock. She brings over 20 years of professional finance experience to the table. Her background includes significant roles at Stripe and JPMorgan Chase & Co. At Stripe, she helped scale finance and strategy during a period of growth. At JPMorgan Chase, she served as Managing Director for nearly 15 years. These roles prepared her for the Marqeta Chief Financial Officer (CFO) position.
Strategic Growth and Global Payments Expertise
The new executive will manage all aspects of global financial operations. This includes supporting strategies for rapid growth and higher profitability. Furthermore, her expertise in the payments industry is a major asset for the firm. The company processed nearly $300 billion in annual payment volume in 2024. Now, it operates in more than 40 countries worldwide.
“We are thrilled to welcome Patti to the Marqeta team,” said Mike Milotich, CEO and CFO of Marqeta. “She brings deep payments industry expertise, and her leadership will be a critical asset as we continue to execute our strategy, scale our platform, and enable customer innovation in card issuing. Patti is the right leader to guide our finance organization and help accelerate our momentum and capture the significant opportunities ahead.”
“I’m honored to join Marqeta at such a pivotal moment,” said Ms. Kangwankij. “The Company is well-positioned for continued success, with a clear customer-centric approach and strong relationships across a growing customer and partner ecosystem. I’m excited by Marqeta’s vision, technology foundation, and talented team, and I look forward to advancing our shared goals to drive sustainable growth and deliver long-term value for shareholders.”
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News Source: Businesswire.com
