Stitch
End-to-end payment solutions and open banking infrastructure for African enterprise.
What it does
Founded in 2020 by Kiaan Pillay, Natalie Mabaso, and Priyen Pillay, Stitch is a payment infrastructure company building open banking APIs and end-to-end money movement rails for businesses across Africa. Stitch provides multi-channel pay-ins, payouts, reconciliation, and financial data access, maintaining full operational hubs in South Africa and Nigeria.
Direct Bank Pay-insPayouts & DisbursementsOpen Banking Data APIsPayment Orchestration
Known for
- Pay-by-bank direct transfers
- Pan-African open banking API
- Enterprise payment orchestration
Model & industry
B2BAPIFinancial ServicesEnterprise SoftwareE-commerce
Funding history
$82.0M
Total raised
3
Rounds
Series B
Latest stage
2025
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2025-04 | Series B | $55.0M | CRE Venture Capital |
| 2022-02 | Series A | $21.0M | The Spruce House Partnership |
| 2021-02 | Seed | $6.0M | CRE Venture Capital |
Source: Condia Funding Tracker
Products & subsidiaries
Stitch Pay-ins · Payment Gateway APIStitch Payouts · Disbursement API
In the News
- 2023-10-03 · Stitch raises $25M extension round led by Ribbit Capital to expand enterprise payment solution · TechCrunch