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Full-Time

Customer Experience Associate

Posted on 7/15/2024

Lithic

Lithic

51-200 employees

Platform for creating and managing card products

Data & Analytics
Fintech
Financial Services

Compensation Overview

$21.63Hourly

Entry

New York, NY, USA

Category
Customer Success Management
Sales & Account Management
Required Skills
Communications
Requirements
  • Excellent written and verbal communication skills
  • Ability to work in a fast-paced startup environment
  • Detail-oriented with strong grammar skills
  • Flexible to work weekends and holidays
  • Patient and understanding when dealing with customers
Responsibilities
  • Interacting with users via email and chat
  • Brainstorming solutions for customer problems
  • Identifying and communicating site and app issues to internal teams
  • Optimizing customer experience
  • Becoming an expert on Privacy services

Lithic provides a platform for businesses to create and manage their own credit, debit, or prepaid card products. The platform allows companies to issue both virtual and physical cards, manage digital wallets, handle disputes, and set dynamic spending controls. Lithic operates with direct card network integrations and a native core system, which simplifies the implementation process and reduces the need for third-party services. This approach gives businesses more control over their banking relationships and financial operations as they grow. Lithic also offers a PCI-compliant solution to safeguard customer data and flexible KYC and KYB modules that can be easily integrated into existing systems. The company generates revenue by charging businesses for its services, likely based on the volume of cards issued and transactions processed. Lithic's goal is to empower businesses with the tools they need to efficiently manage their card programs and financial services.

Company Stage

Series C

Total Funding

$116.6M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

6%

1 year growth

9%

2 year growth

-16%
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Simplify's Take

What believers are saying

  • Being named to the 2024 Fintech Innovation 50 highlights Lithic's industry recognition and potential for growth.
  • The launch of new tools like the Settlement API and Network Risk Scores demonstrates Lithic's commitment to innovation and improving customer experience.
  • Lithic's continuous product updates, such as the Go client library and OpenAPI 3.0 definitions, make it easier for developers to build and integrate card products, fostering a supportive ecosystem.

What critics are saying

  • The fintech sector's volatility and potential for economic downturns could impact Lithic's long-term sustainability.
  • The crowded market of card issuance and management platforms requires Lithic to continuously innovate to maintain its competitive edge.

What makes Lithic unique

  • Lithic's direct card network integrations and native core system reduce reliance on third-party providers, offering improved economics and faster implementations.
  • The company's comprehensive platform includes virtual and physical card issuance, digital wallet control, and dynamic spend controls, setting it apart from competitors with more limited offerings.
  • Lithic's PCI-compliant iFrame solution and flexible KYC/KYB modules provide enhanced security and compliance, which are critical in the financial services sector.
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