Lithic logo — Lithic is the leading card issuer processing platform poweri...

Lithic

Lithic is the leading card issuer processing platform powering next-generation financial experiences.

Founded 2014 United States New York, United States 200 employees Series C Total: $115.40M Financial Services, Fintech +1

General Information

Company Name Lithic
Founded Year 2014
Location United States New York, United States
Employees 200
Industries Financial Services, Fintech, Payments
Funding Stage Series C
Business Model B2B, Platform, API
Revenue Model Usage Based, Transaction Fee, Tiered Pricing
Social

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AI Insight

Bounce Watch AI
2 months ago

Lithic is demonstrating strong market traction with a recent major customer win, Fundbox, validating its rapid credit program implementation capabilities. This operational success is being strategically bolstered by the key hire of a Head of Recruiting, signaling an accelerated focus on scaling its workforce to support future growth. Concurrently, the company is enhancing its industry presence and thought leadership through event participation and strategic co-sponsorships, reinforcing its market position.

Signal Types
Customer Acquisition Hiring Partnership Marketing Event
Strategic Labels
Customer Growth Team Scaling Market Penetration
Next Move: Hiring
·
Impact: 8/10
·
Ideal For: Growth Equity Investors – Fintech Infrastructure, API-First Fintech VCs

About Lithic

Lithic is recognized as a prominent player in the Financial Services, Fintech, and Payments sectors, underlined by its innovative approach to card issuing. Founded in 2014 and headquartered in the United States, Lithic stands out for its ability to equip high-growth technology companies with the tools needed to develop and manage card programs effortlessly.

By leveraging its advanced APIs and operational support, Lithic enables businesses to create scalable financial solutions, granting them the flexibility to issue debit, credit, and prepaid cards. Its client-centric model aims to accommodate the dynamic demands of the global financial landscape.

The company attracted a $60.00M Series C investment on July 29, 2021, with participation from notable investors like Bessemer Venture Partners, Tusk Ventures, Index Ventures, Commerce Ventures, Rainfall Capital, Stripes, and Exor Ventures. With this robust backing, Lithic is well-positioned to continue leading the charge in financial services innovation.

Business keywords: card issuing, payment processing, APIs for financial services, virtual cards, privacy and security in payments, debit cards, credit cards, prepaid cards, global scalability, payments innovation, technology for high-growth companies

Services & Products

Card Issuing
Accounts & Payment Hub
Program Management
Processing
Fraud & Risk Controls

Target Customers

Banks Businesses Startups Developers Corporate Clients

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $60.00M 7
Bessemer Venture Partners, Tusk Ventures +5
29 Jul 2021
Series B $43.00M 3
Bessemer Venture Partners, Tusk Ventures +1
20 May 2021
Series A $10.20M -
15 Jul 2020
Seed Round $2.20M -
13 Dec 2016

Lithic Alternatives & Competitors

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Lithic vs
Highnote
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Lithic vs
Pomelo
Pomelo Argentina

Tecnología para emisión, procesamiento y gestión de tarjetas de crédito, débito y prepago en América...

Series C
419 employees
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FAQ About Lithic

Lithic is the leading card issuer processing platform powering next-generation financial experiences.
Lithic was founded in 2014.
Lithic is headquartered in New York, United States.
Lithic operates in Financial Services, Fintech and Payments. Its work centres on card issuing, payment processing, APIs for financial services and virtual cards. Its customers include Banks, Businesses and Startups.
Lithic has a B2B, Platform and API business model. Its revenue comes from Usage Based, Transaction Fee and Tiered Pricing.
Lithic has approximately 200 employees.
Lithic has completed 4 funding rounds, raising a total of $115.40M. The latest funding stage is Series C.
Lithic offers: Card Issuing, Accounts & Payment Hub, Program Management, Processing, Fraud & Risk Controls.
Top alternatives and competitors to Lithic include Highnote, Galileo Financial Technologies, Pomelo, PSA Payment Services Austria GmbH, PeopleTech. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lithic and Highnote are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Lithic, https://bouncewatch.com/company/lithic, updated 28 August 2026. When citing, please name BounceWatch and link this page.

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