Lithic, a card issuing platform for developers, has raised $60 million in Series C funding, bringing the company's total fundraising to $110 million.
The round was led by Stripes, with participation from Bessemer Venture Partners, Index Ventures, Exor, Rainfall, Tusk Venture Partners, and Commerce Ventures.
Founded by Bo Jiang, Jason Kruse, and David Nichols as Privacy.com in 2014, Lithic builds infrastructure that makes it simple to issue debit and credit cards. Designed for developers, Lithic's accessible building blocks reduce time to market, unlock new revenue streams, and scale seamlessly with growing companies.
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