This round of funding was led by Stripes with participation from Bessemer Venture Partners, Index Ventures, Exor, Rainfall, Tusk Venture Partners, and Commerce Ventures. And the new round of funding comes on the heels of its May 2021 Series B when Lithic also officially launched its API developer platform.
Launched 2 months ago, Lithic created an API platform for developers at startups and enterprises alike for quickly launch new debit and credit card programmes. Lithic’s self-serve platform removes key pain points for companies by allowing developers to optimise back-office operations and avoid the unnecessary administrative burden.
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