Stitch
About Stitch
Stitch is a fintech company operating in Africa, providing open banking and payment products. It offers an end-to-end payments platform designed to optimize payment performance and streamline financial operations for businesses across various sectors.
Business Information
Traction
Users
50,000+
ARR
$2.5M
Growth
120% YoY
Key Metric
2M monthly active users
Location
Cape Town , Western Cape , South Africa Africa
Target Customers
Industry Categories
Funding Timeline
| Round | Date | Amount | Investors |
|---|---|---|---|
| Seed | May 08, 2026 | $10.0M | Arbor Ventures, COTU Ventures, RaedV +1 more |
| Series B | Apr 17, 2025 | $55.0M | Trevor Noah, other angel investors, venture backers +6 more |
Founders
No founder information available.
Investors
Arbor Ventures
Venture Capital
COTU Ventures
Venture Capital
FlourishVC
Venture Capital
Norrsken22
Venture Capital
PaypalVentures
Corporate Venture Capital
QED Investors
Venture Capital
RaedV
Venture Capital
RibbitCap
Venture Capital
Saudi Venture
Venture Capital
Trevor Noah
Angel Investor
firstminutecap
Venture Capital
other angel investors
Angel
venture backers
Venture Capital
Recent Mentions
Stitch raises $10 million seed to extend services to emerging markets: https://t.co/XBsjn2nEcf Saudi Arabia-based fintech infrastructure platform Stitch has raised a $10 million seed round from investors including Arbor Ventures, COTU Ventures, Raed Ventures, and Saudi Venture
Rally Cap has partially exited South African fintech Stitch following its $55M Series B round. The move reflects growing momentum for exits in Africa and comes as Stitch expands through acquisitions and infrastructure growth. https://t.co/mgIu0XvtB7
and this isn’t just theory. companies like lulu exchange, foodics, and dar al tamleek are already using stitch. they’ve also raised a $10m seed round backed by investors like: arbor ventures, cotu ventures, raed ventures, and saudi venture capital.
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Other Data Sources
8Exa Startup Data
Apr 21, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Exa Enrichment History
1Fields Updated
Enrichment Details
- Funding
- Stitch has raised a total of $46M in funding, including a $25M Series A extension led by Ribbit Capital.
- Founding Date
- 2021
- Competitors
- Other fintech companies operating in Africa
- Enrichment History
-
- {'updated_at': '2025-04-24T06:34:44.518653', 'fields_updated': {'competitors': True, 'founding_date': True, 'funding': True}, 'query_used': 'Stitch website:https://www.stitch.money/ Fintech, Payments, Open Banking company business model funding', 'sources_count': 5}
Source URLs
- https://techcrunch.com/2023/10/02/stitch-raises-25m-series-a-extension-led-by-ribbit-capital-increasing-the-rounds-total-to-46m/
- https://techcrunch.com/2023/10/02/stitch-raises-25m-series-a-extension-led-by-ribbit-capital-increasing-the-rounds-total-to-46m/
- https://techcrunch.com/2022/02/13/stitch-raises-21m-for-its-api-infrastructure-and-embedded-finance-platform/
- https://techcrunch.com/2022/02/13/stitch-raises-21m-for-its-api-infrastructure-and-embedded-finance-platform/
- https://techcrunch.com/2021/02/24/stitch-emerges-from-stealth-with-4m-for-its-api-fintech-play-in-africa/