Stitch
OperatingStitch is a South African fintech platform building API to make Africa a world-leader in fintech.
- FinTech
- Cape Town, South Africa
- Series B
- Founded 2020
- stitch.money ↗
- Total raised
- $107M
- disclosed
- Last round
- $55M
- Series B
- Rounds
- 7
- since 2020
- Investors
- 21
- on record
- Employees
- 2-10
About Stitch
Stitch offers API access to bank accounts in Africa With a lightweight Single Sign-On experience, customers can securely link their bank accounts to your product A robust API, thorough documentation, and powerful tooling provide a future proof solution to Open Banking on the continent
Stitch funding7 rounds
All 7 rounds →Stitch has raised $107M across 7 disclosed rounds. The latest is a $55M Series B announced 11 Apr 2025, led by QED Investors.
- $4MSeedSeed, $4M, $4M raised to date
- $2MSeedSeed, $2M, $6M raised to date
- $21MSeries ASeries A, $21M, $27M raised to date
- $25MSeries ASeries A, $25M, $52M raised to date
- $55MSeries BSeries B, $55M, $107M raised to date
SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn
Who has invested in Stitch
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 11 Apr 2025 | Stitch Series B | QED Investors +8 | $55M |
| 03 Oct 2023 | Stitch Series A | Ribbit Capital +4 | $25M |
| 14 Feb 2022 | Stitch Series A | The Spruce House Partnership +7 | $21M |
| 28 Oct 2021 | Stitch Seed | Tom Blomfield +3 | $2M |
| 25 Feb 2021 | Stitch Seed | Raba Capital +1 | $4M |
| 01 Aug 2020 | Stitch Pre-seed | Wes Schwalje | Not disclosed |
| 01 Aug 2020 | Stitch Seed | Wes Schwalje | Not disclosed |
Stitch founders & team
Full team →- Kiaan PillayCo-Founder / CEO
- Priyen PillayCo-Founder & CPO
- Natalie C.CTO & Co-Founder
Stitch competitorssame sector · similar funding
- AfriexLagos, Nigeria
- LittleFishJohannesburg, South Africa
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Frequently asked about Stitch
- Where is Stitch based and when was it founded?
- Stitch is headquartered in Cape Town, South Africa and was founded in 2020.
- Who founded Stitch?
- Stitch was founded by Kiaan Pillay (Co-Founder / CEO), Priyen Pillay (Co-Founder & CPO) and Natalie C. (CTO & Co-Founder).
- Who is the CEO of Stitch?
- Kiaan Pillay is Stitch's Co-Founder / CEO.
- How much funding has Stitch raised?
- Stitch has raised $107M across 7 disclosed rounds. Its latest, a $55M Series B, was announced on Apr 11, 2025.
- Who has invested in Stitch?
- Backers include QED Investors, Trevor Noah, Raba Partnership, Ribbit Capital and 17 others.
- What sector is Stitch in?
- Stitch operates in FinTech, Financial Services and API.
