Exor-backed card issuing technology provider Lithic raised $43m while Mitsui Sumitomo Insurance is providing $36m to lead Upstream Security's series C round.
Funding
Lithic, the US-based card issuing platform developer formerly known as Privacy.com, has secured $43m in a series B round led by Bessemer Venture Partners that included Walkabout Ventures, Index Ventures, Tusk Venture Partners, Rainfall Ventures and Teamworthy Ventures. The last four had joined Exor Seeds, a corporate venturing vehicle for diversified holding company Exor, and Quiet Capital in a $10.2m series A round in July 2020 that increased Lithic’s overall funding to $14.4m.
Insurance provider Mitsui Sumitomo Insurance…
