Stitch

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A fintech startup specializing in open banking and payment infrastructure. Stitch aims to simplify money movement for businesses and consumers by providing seamless payment solutions.


Location: South Africa
Website: https://www.stitch.money/
Sector: Finance
Funding Stage: Seed, Venture Round, Series A, Venture Round, Venture Round,
Total Funding ($m): 107
# of Founders: 3
Founding Year: 2019
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2021$4mSeedFirstminute Capital, Raba Partnership, CRE Venture Capital, Village Global, Future Africa, Norrsken (accelerator), 500 Global, Musha Ventures
2021$2mVenture RoundFirstminute Capital, Raba Partnership, CRE Venture Capital, Village Global, Future Africa, Norrsken (accelerator), 500 Global, and angel investors
2022$21mSeries AThe Spruce House Partnership, PayPal Ventures, TrueLayer, Firstminute Capital, Raba Partnership, CRE Venture Capital, Village Global
2023$25mVenture RoundRibbit Capital, CRE Venture Capital, PayPal Ventures, Raba Partnership Partnership
2025$55mVenture RoundRaba Partners and existing investors,
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Kiaan Pillay
Co-Founder & CEO
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Seed $4m
Firstminute Capital, Raba Partnership, CRE Venture Capital, Village Global, Future Africa, Norrsken (accelerator), 500 Global, Musha Ventures

Venture Round $2m
Firstminute Capital, Raba Partnership, CRE Venture Capital, Village Global, Future Africa, Norrsken (accelerator), 500 Global, and angel investors

Series A $21m
The Spruce House Partnership, PayPal Ventures, TrueLayer, Firstminute Capital, Raba Partnership, CRE Venture Capital, Village Global

Venture Round $25m
Ribbit Capital, CRE Venture Capital, PayPal Ventures, Raba Partnership Partnership

Venture Round $55m
Raba Partners and existing investors,



News
https://launchbaseafrica.com/2025/04/10/raba-partners-backs-stitch-with-new-funding-as-fintech-targets-end-to-end-payment-solutions/