Wednesday
April 23
2025

South Africa’s Payments Startup Stitch Raises $55 Million Series B Funding

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Stitch, a South Africa-based payments infrastructure startup founded in 2021, has raised $55 million in a Series B round, bringing its total funding to $107 million within just four years of operation. The funding is aimed at expanding its in-person payment offerings, improving its online payment suite, and facilitating its entry into card acquiring.

Photo courtesy of rupixen.

Source: TechCabal (link opens in a new window)

Categories
Technology
Tags
digital payments, fintech, infrastructure, startups