Lithic

Lithic, founded in 2014 in the United States as Privacy before rebranding, is a programmable card issuing and money movement platform built for developers. It addresses the need of fintech and technology companies to launch compliant card programs without building payment infrastructure from scratch.

The platform exposes APIs for issuing physical, virtual, and tokenized debit, credit, and prepaid cards, alongside account and ACH/wire payment rails, real-time authorization controls, and fraud and risk tooling. Customers include digital banks and more than 100 high-growth companies building expense management, bill pay, loyalty, and healthcare payment products.

1. Card Issuing: Issue physical, virtual, and tokenized debit, credit, and prepaid cards via API.

2. Money Movement: Move funds through ACH and wire transfer rails alongside card transactions.

3. Real-Time Authorization: Approve or decline transactions instantly with custom rule webhooks.

4. Fraud and Risk Controls: Detect and block suspicious activity with built-in risk tooling.

5. Ledger and Reporting: Track balances and transactions with a unified account ledger.

6. Compliance Support: Operate card programs under Lithic's bank partnerships and compliance framework.