Lithic logo
FintechVC-backedSeries C
New York, United States · Founded 2014

Lithic

Modern card issuing infrastructure.

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About Lithic

Issue virtual and physical cards programmatically. Used by Mercury, Public, and Coinbase to power their card products.

Pitch deck breakdown

How Lithic would pitch themselves.

○ Auto-generated
01

Target customer

Consumers + businesses needing modern financial services + infrastructure — typically under-served by legacy banks + processors.

02

Problem they solve

Issue virtual and physical cards programmatically. Used by Mercury, Public, and Coinbase to power their card products. The category has historically been served by tools that miss the modern workflow this product is built around.

03

Key differentiator

Lithic differentiates on modern card issuing infrastructure. Backed by Index Ventures + Tusk Venture Partners, $104M+ raised — the company has resources + validation to compound this thesis. Founded by Bo Jiang + team.

04

Go-to-market strategy

Growth-stage GTM — multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.

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Company facts

Category
Fintech
Funding stage
Series C
Total raised
$104M+
Founded
2014
Team size
51-200
HQ
New York
Country
United States
Website
lithic.com

Founders of Lithic

  • Bo Jiang
  • David Wolff

Investors backing Lithic

  • Index Ventures
  • Tusk Venture Partners

Frequently asked questions

What does Lithic do?

Issue virtual and physical cards programmatically. Used by Mercury, Public, and Coinbase to power their card products.

Where is Lithic based?

Lithic is based in New York, United States.

When was Lithic founded?

Lithic was founded in 2014.

How much has Lithic raised?

Lithic has raised $104M+ in their Series C round.

Who founded Lithic?

Lithic was founded by Bo Jiang, David Wolff.

Who has invested in Lithic?

Lithic is backed by Index Ventures, Tusk Venture Partners.

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