Since building its own platform nine years ago, Lithic’s API-based cardholder account processing services have handled $10 billion in purchase volume. Payments handled in 2022 increased more than 100% over 2021. Lithic’s over 50 clients are companies that want to build brand awareness with their own customers through a virtual or physical credit, debit or prepaid card that can be used for spend management, disbursements, B2B payments, consumer bill payments or BNPL payment options. For these companies, payments also offer a new revenue stream from interchange fees paid by merchants. The...