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Stitch
About
Stitch payments solutions help businesses seamlessly connect to the financial system, so they can grow faster + operate more efficiently
- 11 - 50
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $2M
- Industries
- Financial Services,FinTech,Payments
- Founded date
- Jan 1, 2019
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Stitch is an API fintech company that enables businesses to more quickly and easily build, optimize and scale financial products across Africa. Stitch offers data and payments solutions that dramatically reduce the effort required for businesses to connect to their users’ financial accounts and enable bank-to-bank payments without leaving the existing app interface. Their infrastructure-led approach supports a number of different use cases, including KYC & onboarding, personal and business financial management, lending, wallet top-ups, e-commerce checkouts, and more. Stitch launched in February 2021 and has offices in Cape Town and Johannesburg, South Africa, and Lagos, Nigeria.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 28, 2021 | Seed | $2M | 4 | — | — | Detail |
| Feb 25, 2021 | Seed | $4M | 1 | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Dec 19, 2022
CyberCube
|
Series C | $50M | Analytics | — |
|
Apr 5, 2022
Data.world
|
Series C | $50M | Analytics | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
DCG Expeditions
|
— | Seed |
500 Global
|
— | Seed |
|
|
— | Seed |
Norrsken VC
|
— | Seed |
