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Lithic and Monavate Partner for Card Programs
Fintech

Lithic and Monavate Partner for Card Programs

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Lithic, a card-issuing processing platform, has announced a partnership with Monavate, a regulated payments platform and program manager owned by Exodus Movement. The collaboration is designed to provide companies with a single route to building and scaling card programs that accommodate both fiat and digital currencies.

The integration brings together Lithic's modern card issuance infrastructure with Monavate's regulatory expertise and program management capabilities. Firms using the combined service can issue and manage cards that support traditional money and digital assets without needing to piece together multiple vendors or coordinate complex back-office processes.

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The move comes as demand grows for payment solutions that bridge conventional finance and cryptocurrency. Many companies are looking to offer customers cards that let them spend digital assets at everyday merchants, yet they face hurdles from regulatory compliance to technical implementation. This partnership aims to streamline those efforts by offering a single point of access.

Both companies see the collaboration as a step forward in the evolution of card payments. By combining their respective strengths, they intend to help businesses reduce time-to-market and operational overhead. The partnership underscores a broader industry shift toward integrating digital currencies into mainstream payment infrastructure.

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Source: Finextra

Lithic and Monavate Partner for Card Programs | FinMagicNews