October 5

South African Fintech Startup Stitch Announces $25 Million Series A Extension Round

Tom Jackson

South African fintech startup Stitch has announced a US$25 million Series A extension round led by Ribbit Capital, which will be used to continue building out its end-to-end payments solutions, and expand to additional markets.

Founded in February 2021, Stitch is a payments infrastructure company that helps businesses scale faster, and operate more efficiently. The Stitch payments API and tools reduce the effort required for businesses across sectors to connect to the financial system and deliver delightful experiences for their users.

Photo courtesy of fauxels.

Source: Disrupt Africa (link opens in a new window)

Finance, Technology
business development, MSMEs, scale