Lithic
fintech infrastructure · Series A at the time · lithic.com
Passed Jun 11, 2025 by Daniel Okafor. That was 16 months ago.
Conviction for Harbor Street Ventures
97 / 100
De-risking 1.00, thesis fit 0.90, traction 1.00Why you passed
“no enterprise anchor customer when we met”
Daniel Okafor's note, word for word. Every pass risk is now de-risked.
- De-risked
No big customers
Cleared by: a partnership or a named enterprise customer
What changed
Akta news · No big customersSep 24, 2026, 15 mo after the pass
Lightspark Brings Stablecoin Settlement to Visa Cards via Lithic
“Lightspark launched a Visa card programme that holds stablecoin balances and settles in USDC, issued by Lead Bank and processed by Lithic.”
Weaker: a passing mention, or only the AI linked it to the pass risk. Source
Akta news · No big customersAug 14, 2026, 14 mo after the pass
Eye on Cards: Citi’s Kard Acquisition; Grandstand’s High-Roller Debit Card; Lithic’s Tie With Monavate – Digital Transactions
“says its new partnership with Monavate, a regulated payments platform and program manager, will provide companies a single avenue to build and scale their card programs using fiat and digital currencies.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersAug 14, 2026, 14 mo after the pass
Lithic and Monavate Partner to Power Card Programs Across Traditional and On-Chain Finance
“announced a partnership with Monavate, the regulated payments platform and program manager owned by Exodus Movement, Inc.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersAug 13, 2026, 14 mo after the pass
Exodus' Monavate Partners With Lithic for Card Programs
“today announced a partnership with Monavate, the regulated payments platform and program manager owned by Exodus Movement, Inc.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersAug 9, 2026, 14 mo after the pass
BY: Future Returns Will Rely On Fintech Partnerships And Disciplined Capital Returns
“Byline Bancorp subsidiary Byline Bank has been selected as a Sponsor Bank partner by Lithic”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersAug 6, 2026, 14 mo after the pass
Lithic and Lightspark Partner to Power Global Card Program on Stablecoin Settlement Rails
“Lithic and Lightspark announced a partnership to power Lightspark's card program on the Visa network, issued by Lead Bank, with settlements settling in USDC stablecoin.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersJul 30, 2026, 14 mo after the pass
Byline Bank Partners with Lithic to Expand Fintech Banking Services
“Byline Bank has been selected as a sponsor bank partner by financial technology company Lithic”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersJul 27, 2026, 14 mo after the pass
Byline Bank and Lithic Partner to Expand Fintech Banking Capabilities
“Byline Bank announced it has been selected as a Sponsor Bank partner by Lithic, a financial technology company that helps companies launch and scale payment card, banking and money movement products.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersJul 20, 2026, 13 mo after the pass
Lithic and Mastercard Make SMB Loans Ready to Spend
“Lithic and Mastercard have partnered to enable card-based loan disbursement for small and medium-sized businesses”
Strong: about this company, and the event type matches the pass risk. Source
Re-engagement note
Approving sets the Affinity status to Re-engage and files the memo to the fund's Roundtable workspace. No email is sent.