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Privacy.com rebrands to Lithic, raises $43M for virtual payment cards – TechCrunch

Privacy.com rebrands to Lithic, raises $43M for virtual payment cards When Privacy.com was founded in 2014, the company’s focus was to let anyone generate virtual and disposable payment card numbers for free. The goal was to allow those users to keep users’ actual credit card numbers safe while allowing the option to cut off companies from their bank accounts. In an age of near-constant data breaches and credit card skimmers targeting unsuspecting websites, Privacy.com has made it harder fo...
Bo Jiang Mark Goldberg Charles Birnbaum New York Based Card Issuing Bessemer Venture Partners

Lithic Raises $43M Series B Funding

Lithic Raises $43M Series B Funding Privacy.com), a New York based card issuing platform provider, raised $43m in Series B funding. The round was led by Bessemer Venture Partners with participation from Index Ventures, Tusk Venture Partners, Rainfall Ventures, Teamworthy Ventures and Walkabout Ventures. The company, which has raised a total of $61m to date, intends to use the funds to expand the tools and technologies to issue and manage virtual cards, including enhancements for Privacy.com�...
New York United States Jason Kruse Bo Jiang Bessemer Venture Partners Index Ventures

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