FundedIQ
Financial Services

Stitch: Funding, Investors & Team (Sep 2026)

Stitch serves as a payments infrastructure firm that expedites the launch and growth of businesses while enhancing their operational efficiency. By utilizing Stitch's payment APIs and tools, businesses from various industries can significantly minimize the effort needed to integrate with the financial system, ultimately providing exceptional user experiences.

stitch.money LinkedIn Cape Town, South Africa 51-100 employees
Total raised
$118M
Rounds
5
Latest
Series B
Apr 2025

Stitch has raised $118M across 5 funding rounds on record, the most recent a Series B of $55.0M announced in Apr 2025.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Stitch Company Profile and Key Stats

Total funding raised
$118M
across 5 rounds on record
Funding rounds on record
5
Latest funding round
Series B
$55.0M in Apr 2025
Employees
51-100
reported band
Headquarters
Cape Town, South Africa

Latest funding round on record: Apr 2025.

Stitch Funding Rounds

Date
Round
Amount
Series B
$55.0M
Series A
$25.0M
Undisclosed round
$15.0M
Series A
$21.0M
Seed
$2.0M

Stitch raised $2.0M in a Seed announced in Oct 2021.

4 months later, a Series A of $21.0M was announced in Feb 2022.

1.5 years later, an undisclosed round of $15.0M was announced in Aug 2023.

2 months later, a Series A of $25.0M was announced in Oct 2023.

1.5 years later, a Series B of $55.0M was announced in Apr 2025.

Stitch Founders and Leadership Team

Name
Role
Contact
Kiaan Pillay
CEO
Locked

Contact details for the Stitch team: 1 of 1 has an email address on file.

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Stitch Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
192
$5.0M
4,289
$30M

Stitch's latest round of $55.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Stitch in Financial Services and Cape Town

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Stitch Funding FAQs

What does Stitch do?

Stitch serves as a payments infrastructure firm that expedites the launch and growth of businesses while enhancing their operational efficiency. By utilizing Stitch's payment APIs and tools, businesses from various industries can significantly minimize the effort needed to integrate with the financial system, ultimately providing exceptional user experiences.

How much funding has Stitch raised?

Stitch has raised $118M across 5 rounds on record. The most recent is a Series B of $55.0M announced in Apr 2025.

When did Stitch last raise funding?

Stitch's most recent funding round on record is a Series B of $55.0M, announced in Apr 2025.

Who is the CEO of Stitch?

Kiaan Pillay is listed as CEO at Stitch.

Where is Stitch headquartered?

Stitch is based in Cape Town, Na - South Africa, South Africa.

How many employees does Stitch have?

Stitch is in the 51-100 employee band.

How does Stitch's funding compare to other Financial Services startups?

Stitch's latest round of $55.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Stitch Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Stitch is left off this page rather than filled in.

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