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Founded Year



Series A - II | Alive

Total Raised


Last Raised

$25M | 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. Its APIs allow other companies to integrate otherwise complex services to build from scratch by adding codes. Its API and payment gateway helps to improve conversion for online payments and optimize payment operations. The company was founded in 2017 and is based in Sandton, South Africa.

Headquarters Location

138 West Street, Sandown

Sandton, 2031,

South Africa


Stitch's Product Videos

Product Demo.jpg

Stitch's Products & Differentiators


    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.


Research containing Stitch

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

CB Insights Intelligence Analysts have mentioned Stitch in 3 CB Insights research briefs, most recently on Jun 6, 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.



12,502 items

Excludes US-based companies

Stitch Patents

Stitch has filed 3 patents.

The 3 most popular patent topics include:

  • plasma physics
  • air pollution
  • analog circuits
patents chart

Application Date

Grant Date


Related Topics




Electric power conversion, Electrical engineering, Capacitors, Analog circuits, Electronic circuits


Application Date


Grant Date



Related Topics

Electric power conversion, Electrical engineering, Capacitors, Analog circuits, Electronic circuits



Latest Stitch News

Stitch Launches “Pay With Crypto” To Enable Customers Pay Directly From Crypto Wallets

Nov 21, 2023

Payments infrastructure company Stitch today announced the launch of a new payment method: Pay with crypto – the most comprehensive of its kind available in South Africa. With this method, businesses can allow a growing set of customers who wish to buy goods and services using crypto to do so directly and get settled in South Africa Rand. With Stitch Pay with crypto, businesses in South Africa can offer customers the option to make a deposit or check out using crypto stored in their VALR or Binance wallets, or send Bitcoin or Ethereum directly. The business will then get settled in ZAR. Why This Matters Cryptocurrency adoption continues to grow in South Africa. A study from Binance indicates that around 7.7 million South Africans own cryptocurrency today, often purchased using popular exchanges such as Binance and VALR. By The Numbers Globally, interest in using crypto to pay for goods and services is on the rise, and those who choose this method are spending more than their peers. According to a report from BitPay , up to 40% of customers who pay for goods and services with bitcoin are new customers – and they spend twice as much online as credit card users. What They’re Saying Stitch President Junaid Dadan said: “Cryptocurrency adoption in South Africa has been one of the highest in the world. There’s a massive audience that would prefer to use their crypto to make payments. We’re excited to offer Stitch clients an opportunity to reach and serve this audience, without the need to take on direct volatility risk, thanks to our Pay with crypto method.” Blake Player, Head of Growth at VALR, said: “We’re excited to see yet another partner building on top of the VALR Pay API. The Stitch integration expands the options VALR customers have to spend crypto balances in South Africa to the e-commerce market. The interest we’ve had in working with the VALR Pay product has been amazing, and we’re expecting high growth in the volume of crypto payments as it becomes more widely accepted.” Here’s how it works Customer chooses “Pay with crypto” at checkout and selects their preferred wallet and cryptocurrency Customer confirms their mobile number and verifies with an OTP Customer opens their wallet app via on-screen QR code and follows the steps to complete payment with the appropriate amount of their chosen crypto Stitch converts the crypto to ZAR and settles the merchant in ZAR on the following business day Digging Deeper Online marketplaces and e-commerce businesses: can broaden their customer reach by offering additional payment methods Gaming and trading platforms: Can offer users the flexibility to top up their accounts using their preferred cryptocurrencies Local and international travel providers: can appeal to a wider user base and enable users to settle payments for international experiences and accommodation packages, while saving significantly on international transaction fees Businesses that already leverage Stitch for other payment methods can easily add Pay with crypto to their existing integration. Anyone interested can get in touch at Stitch emerged from stealth in February 2021 and has raised $52 million in total funding . Today, Stitch infrastructure powers leading global and African businesses across sectors, including MTN, Luno, Multichoice, The Foschini Group (TFG), Standard Bank’s SnapScan and Yoco, as well as global PSP partners and leading global consumer internet companies.

Stitch Frequently Asked Questions (FAQ)

  • When was Stitch founded?

    Stitch was founded in 2017.

  • Where is Stitch's headquarters?

    Stitch's headquarters is located at 138 West Street, Sandown, Sandton.

  • What is Stitch's latest funding round?

    Stitch's latest funding round is Series A - II.

  • How much did Stitch raise?

    Stitch raised a total of $52M.

  • Who are the investors of Stitch?

    Investors of Stitch include CRE Venture Capital, PayPal Ventures, Raba Capital, Ribbit Capital, 9Yards Capital and 30 more.

  • Who are Stitch's competitors?

    Competitors of Stitch include OnePipe and 4 more.

  • What products does Stitch offer?

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


Compare Stitch to Competitors

Pngme Logo

Pngme operates as a unified financial data application programming interface (API) provider. It provides digital data pipelines, scalable architecture, and a suite of developer tools that enable financial institutions and developers to access and develop financial products that reach more individuals and businesses. It serves financial institutions and developers in Sub-Saharan Africa. It was founded in 2018 and is based in San Francisco, California.

OnePipe Logo

OnePipe aggregates application programming interfaces (APIs) from banks and financial technology companies into a standardized gateway. It offers multiple solutions using application programming interfaces (APIs) including digital banking services, direct debit payments, consolidated payments with recurring and flexible plans, and more. It serves to fast-moving commercial goods (FMCG) and retail, travel and mobility, and banking and fintech sectors. It was founded in 2018 and is based in Lagos, Nigeria.

Okra Logo

Okra is an open finance company operating in the financial technology sector. The company provides businesses with secure access to financial data and payments through a single integration, enabling them to build innovative financial solutions. Okra's services are primarily utilized by businesses in the fintech industry. It was founded in 2019 and is based in Lagos, Nigeria.

Interswitch Logo

Interswitch is a technology-driven company focused on payments and digital commerce in the financial technology sector. The company offers a range of services including everyday payment solutions for individuals, business transaction processing for SMEs and corporates, mobile financial services, and industry-focused payment solutions. Its primary market includes individuals, small and medium enterprises, and various industries across Africa. It was founded in 2002 and is based in Lagos, Nigeria.

Mono Logo

Mono operates as a financial technology company. It develops an open banking infrastructure in Africa that will allow digital enterprises in the continent to access customer financial data and make bank payments. The company was founded in 2020 and is based in Lagos, Nigeria.

CredoLab Logo

Credolab offers a smartphone and web behavioral data platform. Its pay-per-use solutions help banks, digital lenders, and ​book now pay later (BNPL) players, insurance companies, and more. The company was founded in 2016 and is based in Singapore, Singapore.


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