Founded Year

2017

Stage

Series A | Alive

Total Raised

$27M

Last Raised

$21M | 4 mos ago

About Stitch

Stitch designs and develops tools that reduce the technical and operational effort required for apps to connect to their users' financial accounts. Through APIs, it allows other companies to integrate otherwise complex services to build from scratch by simply adding a few lines of code.

Stitch Headquarter Location

35 Wesley Street

Western Cape, 8001,

South Africa

Stitch's Product Videos

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Stitch's Products & Differentiation

See Stitch's products and how their products differentiate from alternatives and competitors

  • Pay-ins

    Fintechs and e-commerce solutions can enable customers to make seamless, one-click pay-ins, without leaving their product flow. Ideal for wallet funding, loan repayments, collections, e-commerce checkouts and more.

    Differentiation

    Stitch tokenizes user accounts so customers log into their accounts via Stitch once and can make a payment with just one click every time after, with lower fees vs card and without fraud. Coverage a… 

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

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    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Research containing Stitch

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Stitch in 2 CB Insights research briefs, most recently on Feb 15, 2022.

Expert Collections containing Stitch

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Stitch is included in 1 Expert Collection, including Fintech.

F

Fintech

3,330 items

Excludes US-based companies

Latest Stitch News

STITCH FIX AND KEEGAN-MICHAEL KEY PARTNER TO HELP MEN BREAK UP WITH THEIR OUTDATED WARDROBES

Apr 27, 2022

STITCH FIX AND KEEGAN-MICHAEL KEY PARTNER TO HELP MEN BREAK UP WITH THEIR OUTDATED WARDROBES In an effort to help men overcome their biggest wardrobe challenges — from retiring outdated threads to navigating new work dress codes — online personal styling and shopping service Stitch Fix is joining forces with Emmy Award-winning actor and producer  Keegan-Michael Key  for its new “Stitch Fix It” campaign. A Stitch Fix-commissioned survey found that men hold onto old clothes for a number of reasons, with almost half (46%) citing sentimental value and lack of time as hurdles to a closet refresh. Informed by these results, Stitch Fix teamed up with Key, who admits he is among the 28% of men who regularly wear items more than a decade old. To kick off Key’s first-ever retail partnership, Stitch Fix is debuting an exclusive music video performed by the actor, infused with his signature comic wit, that encourages men to join him in breaking up with their outdated wardrobe. “I’ll admit, I’m guilty of hanging onto clothes for too long and at times need a nudge to keep me from falling into a style rut,” says Keegan-Michael Key. “For the 40% of men who say tossing their overworn clothing is worse than a break-up, Stitch Fix is the wardrobe wingman ready to arm you with personalized style recommendations and provide a time-saving solution for that wardrobe refresh.” Feelings of intimidation around dressing for certain events such as weddings (36%), first dates (34%), and even funerals (27%) are also keeping men from reaching their full style potential, with 78% of men claiming they have stood out socially because of their attire. Work-related moments – from dressing for a job interview, company party, or the office after remote work – are particularly stressful for men. Combined, 60% of men say dressing for one of these work scenarios is the most intimidating. “Stitch Fix is a great solution for guys like me who need a little nudge to let go of old clothes,” says Key. “It helps streamline the shopping experience by showing you items that match your style and size and delivering them right to your door! It has helped inspire me to get rid of old clothes and replace them with staple pieces to refresh my wardrobe.” Stitch Fix claims that with its personalized shopping model, men can save themselves and those closest to them time by no longer relying on partners for fashion advice (39%) or encouragement to get rid of old clothes (27%). Stitch Fix is also the perfect solution for the 43% of men who say shopping for a whole new wardrobe is more of a hassle than doing their own taxes. SHARE

Stitch Web Traffic

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  • When was Stitch founded?

    Stitch was founded in 2017.

  • Where is Stitch's headquarters?

    Stitch's headquarters is located at 35 Wesley Street, Western Cape.

  • What is Stitch's latest funding round?

    Stitch's latest funding round is Series A.

  • How much did Stitch raise?

    Stitch raised a total of $27M.

  • Who are the investors of Stitch?

    Investors of Stitch include Firstminute Capital, Village Global, CRE Venture Capital, TrueLayer, Spruce House Investment Management and 27 more.

  • Who are Stitch's competitors?

    Competitors of Stitch include OnePipe and 3 more.

  • What products does Stitch offer?

    Stitch's products include Pay-ins and 3 more.

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