Lithic IPO
Lithic provides a card issuing and payment processing platform that enables fintech companies and businesses to launch card programs quickly. The company offers APIs and infrastructure for virtual and physical card issuance, transaction processing, and payment management. Investors may be interested in its position in the growing embedded finance and fintech infrastructure market.
Key Facts
| Industry | Financial Technology |
| Founded | 2014 |
| Headquarters | New York, NY |
| Employees | ~200 |
| Website | lithic.com |
| Funding | Series C raised $43M led by Index Ventures. Total raised: ~$100M |
About Lithic
Lithic provides card issuing and payment processing infrastructure that enables fintech companies, startups, and enterprises to launch branded debit and credit card programs quickly. The company's API-first platform handles the complex banking partnerships, compliance requirements, and payment network integrations necessary for card issuance, allowing clients to focus on their core products and customer experience.
Formerly known as Privacy.com, Lithic has evolved from a consumer privacy-focused card service into a comprehensive B2B infrastructure provider serving hundreds of fintech clients. Their platform supports various card program types including virtual cards, physical cards, and spend management solutions, with real-time transaction controls, instant card creation, and detailed analytics. The company's infrastructure powers card programs for notable clients in expense management, lending, and digital banking sectors.
IPO Status
Lithic has not announced any plans for an initial public offering and remains privately held. The company has secured venture capital funding and continues to focus on growing its customer base and expanding its payment infrastructure platform. The fintech infrastructure space has seen significant investor interest, and companies like Lithic that provide the backend technology for financial products could be attractive IPO candidates as the market matures. However, there are no confirmed details about valuation, IPO timeline, or the company's intentions regarding going public.
Competitors
Frequently Asked Questions
Does Lithic have a stock?
No, Lithic has not had an IPO and remains a private company. The company has not made any public announcements about IPO plans.
When is the Lithic IPO date?
There is no announced IPO date for Lithic, and no confirmed details about when the company might consider going public.
How can I buy Lithic stock?
Lithic stock is not available for purchase as the company is private and not publicly traded. If they go public in the future, shares would be accessible through standard brokers.
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