Stitch

Cape Town, South Africa Founded: 2019 • Age: 7 yrs
Open banking API solutions are delivered for financial institutions.

About Stitch

Stitch is a Financial Services company based in Cape Town (South Africa) founded in 2019 by Natalie C. It operates as an open banking API solutions are delivered for financial institutions. Stitch has raised $108.6 million across 5 funding rounds from investors including PayPal, TrueLayer and 500 Lottery Network. Stitch has completed 2 acquisitions, including Efficacy Payments and ExiPay Technologies. Its website stitch.money draws about 904 thousand monthly visits. Stitch offers products and services including Online Payments, In-person Payments, and Payouts. Its focus areas include FinTech, Banking Tech, Open Banking and Banking APIs. Its competitors include M2P Fintech, Prime Trust, AuthBridge, Ukheshe and truID and 3 more; 3 of its 8 listed competitors have raised funding.

Company details

Founded in 2019 in Cape Town, South Africa, Stitch operates in the fintech sector by offering open banking API solutions. Integration with existing banking infrastructure is enabled, allowing API access to bank accounts. Customers are facilitated in linking their accounts, with services providing access to account data, balances, transactions, and additional financial information for institutions.

  • Headquarters Cape Town, South Africa
  • Founders Natalie C
  • Sectors
    Financial Services
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website stitch.money
  • Social LinkedIn X Instagram YouTube
Key Metrics
  • Total Equity Funding
    $108.6M (USD)

    in 5 rounds

  • Latest Funding Round
    $55M (USD), Series B

    Mar 2025

  • Investors
    PayPal

    & 45 more

  • Investments & Acquisitions

Products & Services of Stitch

Stitch offers a comprehensive portfolio of products and services, including Online Payments, In-person Payments, and Payouts.

Online Payments
Payment Gateway

Platform for secure online transaction processing

In-person Payments
POS System

API for point-of-sale payment collection

Payouts
Financial Management

System for automated refunds and disbursements

Apps and channels of Stitch

its YouTube channel Stitch Money has 490 subscribers and 30 videos.

Stitch Money
YouTube 490 subscribers 30 videos Science & Technology
Open channel

Videos from Stitch

The most watched videos on Stitch's YouTube channel, Stitch Money (490 subscribers). Click a video to play it here.

Meet the payments business supporting South Africa's top enterprises
250.9K views
Stitch X Jem: Client Story
830 views
How digital wallet payments work
665 views
2024 E-commerce Consumer Preferences | Webinar
583 views

More on Stitch Money.

Funding Insights of Stitch

Stitch has successfully raised a total of $108.6M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $55 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $108.6M
  • Total Rounds 5
  • Last Round Series B β€” $55M
  • First Round $4M

    (Feb 2021)

  • Investors Count 46

All 5 funding rounds of Stitch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2025$55MSeries B–QED Investors, Glynn Capital
Oct 2023$25MSeries A–Ribbit Capital
Jan 2022$22.6MSeries A–Spruce House Investment Management
Oct 2021$2MSeed–500 Durians
Feb 2021$4MSeed–The Raba Partnership, Firstminute Capital
Valuation history

46 investors in total: 19 institutional and 27 angel.

Investors in Stitch

Stitch has secured backing from 46 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include PayPal, TrueLayer and 500 Lottery Network.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in tech sectors
–rabacap.comNairobi, Kenya
Venture capital fund investing in early-stage start-ups
–qedinvestors.comAlexandria, United States
Investments are directed toward early and late-stage tech companies.
–glynncapital.comMenlo Park, United States
Flourish Ventures is focused on investing in mission-driven fintech entrepreneurs.
–flourishventures.comRedwood City, United States
Norrsken22 is focused on funding African tech entrepreneurs.
2021norrsken22.comJohannesburg, South Africa
Early-stage companies in fintech and multiple sectors are invested in.
2012ribbitcap.comPalo Alto, United States
Venture capital fund investing in early-stage tech startups
–paypal.vcSan Jose, United States
Micro venture capital firm focused on seed investments
–firstminute.capitalLondon, United Kingdom
Investments in tech sectors are made by CRE Venture Capital.
–cre.vcJohannesburg, South Africa
Early-stage venture capital investing, network building, and founder support services.
–villageglobal.vc-
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Investor details for Stitch

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People of Stitch

13 people are tracked at Stitch (4 in leadership, 9 in team).

NameRoleGroup
Natalie C
Co-Founder & CTOLeadership
Kiaan Pillay
CEOLeadership
Richard Morecroft
Chief Operating OfficerLeadership
Neha Kumar
Head of Product PartnershipsLeadership
Stefan Griesel
Product ManagerTeam
Bernard Bravenboer
Product Manager: Payment OrchestrationTeam
Junaid Dadan
CPOTeam
Priyen Pillay
CCOTeam
James Bellairs
EngineeringTeam
James Foster
EngineeringTeam
Sergio Marais
Finance ManagerTeam
Ujjal Valjee
Strategic And Product Partnerships ManagerTeam
Lincoln Naicker
Strategic GrowthTeam
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Investments & Acquisitions by Stitch

Stitch has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Efficacy Payments and ExiPay Technologies.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Online payments solutions for businesses
efficacypayments.comCape Town, South Africa2016Jul 2025β€’β€’β€’β€’
Payment processing under unified platform with API-enabled POS integrations
exipay.comNicosia, Cyprus2021Jan 2025β€’β€’β€’β€’
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Complete acquisition details for Stitch

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  • Deal sources
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  • Exports

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Timeline of Stitch

5 dated milestones of Stitch across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Stitch is founded.
  2. Funding First funding round of $4.0M.
  3. Acquisition Acquires ExiPay Technologies.
  4. Funding Latest funding round, Series B, of $55.0M.
  5. Acquisition Acquires Efficacy Payments.

Competitors of Stitch

Stitch has 8 listed competitors in our database, 3 of them funded. They include M2P Fintech, Prime Trust, AuthBridge, Ukheshe and truID, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
m2pfintech.com2014Chennai, India$187.79M1,144
Banking, lending, and payment solutions are provided via custom APIs.
primetrust.com2004Las Vegas, United States$171.22M84
Cloud-based AML and banking API solutions are provided for institutions.
authbridge.com2005Gurugram, India$11.2M1,017
Identity verification, employee screening, and due diligence platforms are provided.
ukheshe.com2018Johannesburg, South Africa––
End-to-end electronic payment solutions, including hardware and software, are provided.
truid.co.za2017Germiston, South Africa––
Open banking API solutions are provided for financial institutions.
q-platform.ru2015Moscow, Russia––
Provides open banking API solutions for financial institutions.
singularbanking.com2017Santiago, Chile––
Delivers a bank-as-a-service platform for seamless financial operations.
nanobnk.com2017Quatre Bornes, Mauritius––
Provides technology solutions for banks to serve unbanked populations in Africa and Asia.
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Detailed competitors of Stitch

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Web traffic of Stitch

The website of Stitch (stitch.money) receives about 903.6K visits a month and ranks #47,415 among all websites worldwide, #5,763 in Programming and Developer Software.

  • Monthly visits
    903.6K

    ▼ 11.2% vs previous month

  • Unique visitors
    506.7K

    per month

  • Global rank
    #47,415

    among all websites

  • Category rank
    #5,763

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with Stitch. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
github.com
100%
542.6M#65View details
ilovepdf.com
ilovepdf.com
94%
–#124–
yoco.com
89%
1.4M#30,959View details
thecourierguy.co.za
86%
3.4M#14,467View details
bash.com
bash.com
84%
–#5,992–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Stitch

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  • Audience overlap
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Top companies in Banking & FinTech Platforms

10 companies that operate in the same segment as Stitch (Banking & FinTech Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 MUSD 2.71 M1,807
Tide is recognized as a digital banking platform for businesses.
2015London, England, United KingdomUSD 180.56 M–3,462
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.15 BUSD 1.96 B2,516
Banking solutions are provided for retail customers and businesses.
2015London, England, United KingdomUSD 1.73 BUSD 5.95 B20,299
Internet first bank for individuals and businesses
2015London, England, United KingdomUSD 2.37 BUSD 2.31 M3,786
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M–237
Digital banking services are offered to consumers and businesses.
2014London, England, United KingdomUSD 1.01 BUSD 813.42 M2,835
Payment and banking solutions are provided to users and banks.
2015San Ramon, California, United StatesUSD 390 MUSD 532.2 K2,149
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.2 B–5,356
Digital banking services are provided for individuals and businesses.
2014Blyth, England, United KingdomUSD 852.48 M–556
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Related news about Stitch

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Frequently Asked Questions about Stitch

Stitch was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Stitch is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.

Stitch is a funded company, having raised a total of $108.6M across 5 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Feb 2021.

Founded in 2019 in Cape Town, South Africa, Stitch operates in the fintech sector by offering open banking API solutions. Integration with existing banking infrastructure is enabled, allowing API access to bank accounts. Customers are facilitated in linking their accounts, with services providing access to account data, balances, transactions, and additional financial information for institutions.

Stitch's top competitors include M2P Fintech, AuthBridge and Prime Trust.

Stitch offers Online Payments, In-person Payments, and Payouts.

Stitch has made 2 acquisitions, including Efficacy Payments, and ExiPay Technologies.

Stitch has 46 investors. Key investors include PayPal, TrueLayer, 500 Lottery Network, Ribbit Capital, and The Raba Partnership.

The website of Stitch receives about 904 thousand visits a month and ranks #47,415 among all websites worldwide.

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