Tech Company Financing Transactions

Stitch Funding Round

On 10/3/2023, Stitch raised $25 million in Series A financing from Ribbit Capital, CRE Venture Capital and PayPal.

Transaction Overview

Company Name
Announced On
10/3/2023
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Proceeds Purpose
Stitch focuses on enabling businesses to build, optimize, and scale financial products and providing API gateways to improve the conversion for online payments and optimize payment operations of its clients.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
35 Wesley Street
Cape Town, 8001
South Africa
Phone
Undisclosed
Email Address
Not Recorded
Overview
Operator of a financial platform designed to securely link bank accounts with a lightweight single sign-on experience. The company's platform connects directly to existing infrastructure for seamless integration with out-of-the-box compliance, enabling clients to have a seamless user experience.
Profile
Stitch LinkedIn Company Profile
Social Media
Stitch Company Twitter Account
Company News
Stitch News
Facebook
Stitch on Facebook
YouTube
Stitch on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kiaan Pillay
  Kiaan Pillay LinkedIn Profile  Kiaan Pillay Twitter Account  Kiaan Pillay News  Kiaan Pillay on Facebook
Chief Operating Officer
Andrew Ma
  Andrew Ma LinkedIn Profile  Andrew Ma Twitter Account  Andrew Ma News  Andrew Ma on Facebook
Chief Technical Officer
Natalie Cuthbert
  Natalie Cuthbert LinkedIn Profile  Natalie Cuthbert Twitter Account  Natalie Cuthbert News  Natalie Cuthbert on Facebook
VP - Product Management
Junaid Dadan
  Junaid Dadan LinkedIn Profile  Junaid Dadan Twitter Account  Junaid Dadan News  Junaid Dadan on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/3/2023: EdgeCortix venture capital transaction
Next: 10/3/2023: Electric Hydrogen venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary