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Lithic (fka Privacy.com) raises $43m for virtual payment cards

New York based developer of virtual debit cards raised $43m in Series B funding led by Bessemer Venture Partners.

According to CEO and co-founder Bo Jiang. “We set out to create the safest and fastest way to pay online. Our mobile app and web browser extension lets you generate a virtual card for every purchase you want to make online,” Jiang explained. “That can be especially convenient for things like managing subscriptions or making sure your kid doesn’t spend $1,000 on Fortnite skins.”

Tags

debit cards, virtual cards