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Lithic & Veritex Community Bank bring credit-based Financial Solutions

By Gloria Mathias

January 31, 2025

  • Credit Solutions
  • Fintech news
  • FinTech USA
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Lithic, Veritex Community Bank, Credit Solutions, Fintech News, Fintech USA,Lithic, a financial technology platform, has announced a partnership with Veritex Community Bank, one of Texas’s top ten largest banks. This collaboration enables Lithic to empower businesses to build more flexible commercial credit products.

Through this partnership, Veritex Bank will serve as a banking partner for Lithic’s commercial credit products. Veritex Bank’s reputation for integrity and transparency makes it an ideal partner for Lithic, which is dedicated to delivering high levels of observability, control, and flexibility to its customers. Both companies share a commitment to providing trusted, high-quality solutions that drive value for consumers and businesses alike.

“Best-in-class, flexible quality is at the heart of everything we do at Lithic,” said Bo Jiang, CEO of Lithic. “Partnering with Veritex Bank allows us to align with a banking institution that not only values transparency and integrity but also brings a collaborative, tech-forward approach to financial innovation. Together, we’re unlocking new opportunities for businesses to deliver better payment products.”

“We are excited to partner with Lithic to advance commercial credit solutions that serve the evolving needs of businesses,” said Jay Darnell, SVP, Head of B2B FinTech Enablement & Partnerships at Veritex Bank. “Lithic’s commitment to providing accessible, reliable infrastructure aligns perfectly with our mission to deliver truth, transparency, and uncompromising integrity. Together, we’ll help businesses bring innovative credit products to market with confidence.”

Businesses seeking to develop credit-based financial products will benefit from:

  • Enhanced Flexibility: Best-in-class program management services tailored to commercial credit needs.
  • Streamlined Compliance: Trusted, compliant infrastructure supported by Lithic and Veritex Bank’s combined expertise.
  • Seamless Integration: A collaborative partnership designed to prioritise user-friendly, tech-enabled solutions.

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