EP2: Bo Jiang, founder/CEO Lithic ($800m), on building Privacy.com and pivoting to Lithic which provides easy to use card issuing APIs to make money programmable

Paradigm Shift
16/08/2021 35 min Temporada 1 Episodio 2
EP2: Bo Jiang, founder/CEO Lithic ($800m), on building Privacy.com and pivoting to Lithic which provides easy to use card issuing APIs to make money programmable

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Episode Synopsis

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 midwestHow Bo got started building productsStory and insight that led to Privacy.comChallenges building on a legacy processorAnatomy of a card transaction - acceptance vs issuanceWhy they built their own infrastructure for issuanceLightbulb moment to pivot from Privacy.com to LithicProgrammable money and new use cases the Lithic API enablesImpact of Covid - metrics and remote workThoughts and reflections on crypto Links:Follow Bo on Twitter @bolingjRead this terrific analysis on Not Boring to learn more about LithicCheck out the Lithic website to explore use cases and get started with the API, and Privacy.com for personal paymentsLithic is growing fast and hiring across almost all areas -- explore their open opportunitiesHit subscribe to keep up with new episodes!Follow Ashish and Zane on Twitter for summariesClick here to give feedback — it only takes a minute.

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