Stitch Money
Stitch is a fintech company working in Africa. It one of the biggest[1] in open banking sphere.[2][3] The company is in Cape Town, South Africa.[4]
History
In 2019, Stitch was founded in Cape Town, South Africa as Stitch Money. [5]
In February 2021, Stitch got $4 million in investment funding. The startup was working on enabling businesses to access user financial accounts to view financial data.[6][7]
In April 2021, the company started its first payments product – Pay-ins.[8]
In February 2022, Stitch raised $21 million in Series A funding.[9][10][11]
In April 2022, Stitch launched LinkPay – the first payments API in Africa that tokenizes user financial accounts.[12][13][14][15]
References
- ↑ Elias, Maro. Why Open Banking Is The Future of Fintech And What It Means for Card Networks (in en-US). Tekedia (2022-04-18). Retrieved 2022-11-23.
- ↑ East, Forbes Middle. South Africa-Based Fintech Startup Stitch Raises $21M In Latest Funding Round (in en-US). Forbes ME. Retrieved 2022-11-23.
- ↑ Adams. STITCH Raises $21 MILLION for it's API Infastructure and Financial Platform Embedding (in en-US). COINNEWSEXTRA (2022-02-16). Retrieved 2022-11-23.
- ↑ Moyo, Admire. Fintech start-up Stitch raises R316m in new funding (in en). ITWeb (2022-02-15). Retrieved 2022-11-23.
- ↑ Gebre, Samuel. Stitch Raises $21 Million for African Fintech Market Expansion - BNN Bloomberg. Bloomberg (2022-02-14). Retrieved 2022-11-23.
- ↑ Adams, Ester. South African API Fintech, Stitch Raises $2m, Expands to Nigeria (in en-GB). Techawk (2021-10-29). Retrieved 2022-11-23.
- ↑ Kene-Okafor, Tage. Stitch emerges from stealth with $4M for its API fintech play in Africa (in en-US). TechCrunch (2021-02-25). Retrieved 2022-11-23.
- ↑ Stitch $21 million Series A and Africa's API fintech sector (in en). Benjamindada.com, modern tech media in SSA (2022-02-17). Retrieved 2022-11-23.
- ↑ Kene-Okafor, Tege. Stitch raises $21M for its API infrastructure and embedded finance platform. TechCrunch (2022-02-14). Retrieved 2022-11-23.
- ↑ Stitch raises $21M for its API infrastructure and embedded finance platform (in en-US). CRE. Retrieved 2022-11-23.
- ↑ Stitch Raises $21M For Its API Infrastructure And Embedded Finance Platform (in en). POCIT. Telling the stories and thoughts of people of color in tech. (2022-02-14). Retrieved 2022-11-23.
- ↑ Jackson, Tom. SA fintech Stitch launches new one-click secure payments product LinkPay (in en-GB). Disrupt Africa (2022-04-25). Retrieved 2022-11-23.
- ↑ Stitch Linkpay to enable users link accounts and make secure payment (in en). Benjamindada.com, modern tech media in SSA (2022-04-25). Retrieved 2022-11-23.
- ↑ Augustine, Abraham. With Stitch's ‘LinkPay’, one-click checkout via bank transfer comes to South Africa and Nigeria (in en-US). TechCabal (2022-04-26). Retrieved 2022-11-23.
- ↑ PYMNTS. Stitch Rolls Out Payments Product LinkPay (in en-US). www.pymnts.com (2022-04-25). Retrieved 2022-11-23.