Stitch Raises $25M Series A Extension Led By Ribbit Capital, Increasing The Round’s Total To $46M
10/03/23, 6:36 AM
Location
cape townMoney raised
$25 million
Industry
information technology
Open banking, in which traditional banks release their data via application programming interfaces (APIs) to enable the development of new financial services for their consumers, has been one of the most significant disruptions in global payments over the past decade. Less than five years ago, this innovation, in which businesses use APIs to access customers’ financial accounts and provide an array of integrated and embedded financial services, took on in Africa.
Company Info
Location
35 wesley street
cape town, western cape, south africa
Additional Info
Stitch payments solutions help businesses seamlessly connect to the financial system, so they can operate more efficiently and grow more quickly.
We build developer-friendly infrastructure, APIs and tools that simplify and optimise the task of creating delightful financial experiences.