Conversation with Bo Jiang - founder and CEO of Lithic, which offers an API for card issuing. We talk about Bo's incredible journey starting out as a consumer focussed company (Privacy.com), and pivoting to Lithic, which is an easy to use API for card issuing.
Today, Lithic is one of the fastest growing company in Fintech and recently announced a Series C at an $800m valuation. In this conversation, we focus on the early days and pivotal moments in Bo's journey.
Episode Highlights:
Growing up in the midwest
How Bo got started building products
Story and insight that led to Privacy.com
Challenges building on a legacy processor
Anatomy of a card transaction - acceptance vs issuance
Why they built their own infrastructure for issuance
Lightbulb moment to pivot from Privacy.com to Lithic
Programmable money and new use cases the Lithic API enables
Impact of Covid - metrics and remote work
Thoughts and reflections on crypto
Links:
Follow Bo on Twitter @bolingj
Read this terrific analysis on Not Boring to learn more about Lithic
Check out the Lithic website to explore use cases and get started with the API, and Privacy.com for personal payments
Lithic is growing fast and hiring across almost all areas -- explore their open opportunities
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