“Payments-technology startup Lithic , formerly known as Privacy.com, raised $60 million in a funding round led by growth-equity firm Stripes. Bessemer Venture Partners, Index Ventures, Exor, Tusk Venture Partners, Rainfall and Commerce Ventures also participated in the round, Lithic co-founder and Chief Executive Officer Bo Jiang said in an interview. The transaction quintupled the card-issuing platform’s valuation to $800 million, according to people with knowledge of the matter.”
Startup Lithic Valued at $800 Million With Bet by Stripes
Bloomberg
