Lithic
Lithic is a card issuing processor that provides APIs for businesses to create debit, credit, and prepaid card programs. The company has raised $115M, most recently in a 2021 Series C, and employs 201 people.
The growth story
Lithic grew from 81 to 201 employees between 2021 and 2026, raising $115M along the way, most recently a Series C in July 2021.
About
Lithic sells APIs that let tech companies issue payment cards and move money programmatically. Its customers are primarily high-growth tech firms building financial products, who use the platform to launch card programs without banking infrastructure.
The company last raised funding in mid-2021 and has scaled to over 200 employees. Its Series C suggests it was growing rapidly before the fintech funding slowdown, though current headcount growth data is unavailable.
Founders and leadership
Engineering makes up nearly 20% of Lithic's workforce, with 39 employees. The company has a median tenure of 2 years, indicating moderate retention in the competitive fintech talent market.
The Lithic org chart
Bo Jiang (Co-founder and CEO) leads 58 mapped leaders with 11 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 47 (+7% YoY), Operations 23 (+21% YoY), Business Development 17 (0% YoY), Customer Success and Support 12 (-8% YoY), Finance 12 (+9% YoY), Information Technology 11 (0% YoY).
Talent flow
Lithic recruits heavily from payments firms like Adyen and Cash App, with Amazon also a notable source. Alumni frequently move to other fintechs like Coast and Dough Payments, though some join AI firms like Anthropic.
Most common previous employers of Lithic staff: Adyen (4), Amazon (4), Cash App (3), EY (3), Pinwheel (3), Blend (3). Former Lithic employees most often moved to Uber (2), Lead (2), Runway (2), Adyen (2), Coast (2), Anthropic (2).
Alumni worth knowing
The Lithic mafia
Five alumni have founded companies, including Yuzu (100 employees) and Newton (18 employees). The ventures span payments and fintech, suggesting Lithic cultivates entrepreneurial talent in its niche.
5Rohit Chaparala, was Solutions Engineer until 2023Zachary Dearing, was Head of Treasury Ops until 2023Clay Kohut, was Software Engineer until 2018Joe Hickey, was Payment Partnerships until 2025Web traffic
Traffic mix: 38% direct, 29% search, 2% social, 5% paid.
What this company is made of
Most common skills at Lithic: Leadership (69), Microsoft Excel (59), Microsoft Office (49), Project Management (48), Python (Programming Language) (45), Customer Service (44), Management (43), SQL (42).
Where the team actually sits
Lithic people are concentrated in New York, United States (35), California, United States (14), New York City Metropolitan Area (12), United States (12).
Search footprint
Lithic attracts about 1,046 organic search visits a month, traffic worth roughly $9K a month if bought through ads. It gained 336 ranking keywords and lost 225 in the last period.
What employees say
- Compensation
- 4.30 / 5
- Career opportunities
- 3.80 / 5
- Senior management
- 3.20 / 5
- Work-life balance
- 3.80 / 5
Frequently asked
Lithic has 201 employees as of September 2026.
Lithic has raised $115M in total, most recently a Series C round in July 2021.
Lithic was founded in 2014 by Bo Jiang, David Nichols, Jason Kruse.
Bo Jiang (Co-founder and CEO) sits at the top of Lithic's reporting structure, with 11 direct reports.
The most common previous employers of current Lithic staff are Adyen (4 people), Amazon (4 people), Cash App (3 people).
Former Lithic employees most often move to Uber (2), Lead (2), Runway (2).
At least 5 companies have a founder who previously worked at Lithic, including Yuzu, Newton, Mantel.
Lithic attracts about 1,046 organic search visits a month, worth roughly $9K a month in equivalent ad spend.
The most common skills among Lithic staff are Leadership, Microsoft Excel, Microsoft Office, Project Management, Python (Programming Language).
Lithic staff are concentrated in New York, United States (35), California, United States (14), New York City Metropolitan Area (12).
Lithic has about 47 people in Engineering, up 7% over the past year, as of September 2026.
Lithic has about 23 people in Operations, up 21% over the past year, as of September 2026.
Computed from 148 current and 149 former Lithic profiles, as of September 2026. Source: Crustdata.
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