Company profile
Stitch
Stitch is a Saudi Arabia-based financial technology company specialising in cloud-native banking infrastructure. Established in 2022 and headquartered in Riyadh, the company provides a unified, modular platform spanning ledgers, cards, lending, deposits, and payment processing to regulated financial institutions including banks, digital banks, and lenders. Stitch maintains a regional footprint with verified operations across the GCC, Africa (Egypt, Kenya), and Southeast Asia. The company is privately held and venture-backed. As of 2025, Stitch reported processing over USD 5 billion in transaction volume across its platform with 10x customer growth year-on-year.
- Sector
- Financial services / B2B Payments, Core Banking SaaS Platforms
- Markets
- Egypt, Kenya
- Founded
- 2022
- Ownership
- Private
- Stage
- Scale-up
- Capital raised
- $25m
- Employees
- 51-200
- Business model
- B2B, B2B2C Transactional, Subscription
Products and services
Stitch Ledgers, Stitch Cards, Stitch Loans, Stitch Deposits, Stitch Applications, Stitch Transactions & Stitch Routing
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 15 May 2026 | Andreessen Horowitz's investment in Stitch for USD 25 million | Venture Capital | $25m | Egypt |
Source: Partner Researchers.