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
Stitch funding and investors
Stitch has raised $107M across 7 disclosed rounds. The latest is a $55M Series B announced 11 Apr 2025, led by QED Investors.
- Lead investors
- 5
- Largest round
- $55M
- Average round
- $21.4M
- disclosed rounds
- Round cadence
- 9 mo
- average gap
- $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
Stitch funding rounds7 · newest first
- Series B$55M
11 Apr 2025 · led by QED Investors
- Series A$25M
03 Oct 2023 · led by Ribbit Capital
- Series A$21M
14 Feb 2022 · led by The Spruce House Partnership
- Seed$2M
28 Oct 2021
- Seed$4M
25 Feb 2021 · led by Raba Capital
- Pre-seedUndisclosed
01 Aug 2020
- SeedUndisclosed
01 Aug 2020
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 11 Apr 2025 | Series B | QED Investors · Trevor Noah, Raba Partnership, Ribbit Capital, PayPal Ventures, Norrsken22, Glynn Capital Management, Flourish Ventures, Firstminute Capital | $55M |
| 03 Oct 2023 | Series A | Ribbit Capital · PayPal Ventures, CRE Venture Capital, 9 Yards Capital, Raba Partnership | $25M |
| 14 Feb 2022 | Series A | The Spruce House Partnership · PayPal Ventures, TrueLayer, CRE Venture Capital, Village Global, Zinal Growth, Firstminute Capital, Raba Partnership | $21M |
| 28 Oct 2021 | Seed | Tom Blomfield, Matt Robinson, Emilie Choi, Charlie Delingpole | $2M |
| 25 Feb 2021 | Seed | Raba Capital · Firstminute Capital | $4M |
| 01 Aug 2020 | Pre-seed | Wes Schwalje | Undisclosed |
| 01 Aug 2020 | Seed | Wes Schwalje | Undisclosed |
Investors in Stitch21 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Firstminute CapitalVenture Capital | Lead in 1 of 3 | Seed, Series A, Series B | Feb 2021 |
| Ribbit CapitalVenture Capital | Lead in 1 of 2 | Series A, Series B | Oct 2023 |
| Raba CapitalVenture Capital | Lead | Seed | Feb 2021 |
| The Spruce House PartnershipVenture Capital | Lead | Series A | Feb 2022 |
| QED Investors | Lead | Series B | Apr 2025 |
| PayPal VenturesVenture Capital | Participant | Series A, Series B | Feb 2022 |
| Raba PartnershipVenture Capital | Participant | Series A, Series B | Feb 2022 |
| Wes SchwaljeVenture Capital | Participant | Seed, Pre-seed | Aug 2020 |
| CRE Venture CapitalVenture Capital | Participant | Series A | Feb 2022 |
| Tom BlomfieldPrivate Equity | Participant | Seed | Oct 2021 |
| Matt RobinsonVenture Capital | Participant | Seed | Oct 2021 |
| Emilie ChoiPrivate Equity | Participant | Seed | Oct 2021 |
| Charlie DelingpoleVenture Capital | Participant | Seed | Oct 2021 |
| TrueLayerPrivate Equity | Participant | Series A | Feb 2022 |
| Village GlobalVenture Capital | Participant | Series A | Feb 2022 |
| Zinal GrowthImpact Investor | Participant | Series A | Feb 2022 |
| 9 Yards CapitalVenture Capital | Participant | Series A | Oct 2023 |
| Trevor Noah | Participant | Series B | Apr 2025 |
| Norrsken22 | Participant | Series B | Apr 2025 |
| Glynn Capital ManagementVenture Capital | Participant | Series B | Apr 2025 |
| Flourish VenturesVenture Capital | Participant | Series B | Apr 2025 |
Frequently asked about Stitch
- 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.
Profile updated Source: SLA Startup IndexHow we count →
