2022 (July-December) Social Media

EmergeVest congratulating Lithic on its continued growth

EmergeVest, as a proud seed round investor, would like to congratulate Lithic on its continued growth and successful fund raising of over $110M from prominent investors including Bessemer Venture Partners and Stripes, surpassing its $800M valuation in 2021. 

Launched in 2014, Lithic, previously known as, is a modern card issuer processor focused on building the fastest, simplest card issuing tools for developers to create virtual and physical payment cards and monitor their transactions. Over the course of 2021, Lithic grew its monthly processing volume by 10x, won over 100 customers, and formed strategic partnerships with other fintech innovators like Canopy, Dwolla, Peach, and Sila. 

We are delighted to see Lithic as a game changer in the industry and believe innovation, as one of our core values, also remains the key driving value of Lithic. We look forward to seeing Lithic’s future innovation and growth.

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