Welcome to the Tearsheet Podcast. I’m Tearsheet editor in chief, Zack Miller. I’m just back from Money 20/20 and a big theme this year was embedded finance. There were a host of old and new players vying for position in the financial tech stack. It makes sense – a few years ago, you could have counted the embedded platforms on one hand. Now there are dozens, just in the US. Enter Lithic, a software infrastructure company that enables companies to launch new card programs. I sit with co-founder and CEO, Bo Jiang, who shares his firm’s genesis story and describes the impact being born out of a consumer app has had on Lithic. We talk about how the firm stacks up against other embedded finance players and the need to scale as a platform in the space. Bo Jiang is my guest today on the Tearsheet Podcast.