Card and payment solutions platform Marqeta is looking to acquire credit card program management startup Power Finance for $275M in an all-cash deal.  The deal includes a $52M additional payment, which is subject to reaching an undisclosed milestone over the next 12 months. The acquisition is a first for Marqeta and will enable the firm to increase its product offerings for customers and businesses, launch a new rewards program, embed Power Finance's data science toolbox into its products, and enhance the capabilities of the credit product.  One-third of the initial $223M deal value will be transferred over a two-year period, subject to certain conditions.  Oakland, Calif.-based Marqeta is a publicly listed firm that provides a cloud-based open API platform for card transaction processing to clients such as Block, Uber, Google, DoorDash, JPMorgan Chase, Citi, Goldman Sachs, and others.  The firm currently has a market value of $3.7B.  Power Finance was established by Randy Fernando and Andrew Dust in 2021  The New York-based startup has secured $16.1M in seed funding and a $300M credit facility.  Backers of the firm include Anthemis, Fin Capital, CRV, Restive Ventures, Dash Fund, and others.