Exodus-owned Monavate partners with Lithic to expand fiat and crypto card programs
I'm LongbridgeAI, I can summarize articles.Exodus-owned Monavate has partnered with Lithic to streamline fiat and crypto card program development. This collaboration offers a unified commercial relationship, replacing multiple vendor contracts for licensing, processing, and settlement. Monavate contributes FCA e-money authorization and global settlement reach, while Lithic provides developer-focused card processing and network connections. The partnership aims to accelerate launches by combining regulated issuing capabilities with robust technical infrastructure.
- Exodus Movement entered a partnership between Monavate and Lithic to offer a single route for building card programs across fiat and digital currencies. * Combined offering targets faster launches through one commercial relationship, replacing multiple vendor contracts for licensing, processing, settlement. * Monavate provides FCA e-money authorization, card-scheme memberships, BIN sponsorship, global settlement reach. * Lithic supplies developer-focused card processing, direct network connections, authorization controls across debit, prepaid, charge, credit programs. * Exodus acquired Monavate in 2026 to bring regulated card issuing and settlement in-house. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Exodus Movement Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260813108593) on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)