| Date | Title | Description |
| 24.12.2025 | To expand stablecoin and cryptocurrency payment infrastructure throughout Africa, SA’s Ezeebit raised $2 M | The FSCA-regulated stablecoin and cryptocurrency payment infrastructure company Ezeebit, based in South Africa, has closed a US$2.05 million seed funding round with the goal of expanding strategic partnerships with banks, PSPs, and telcos a... |
| 12.10.2025 | PayPal Commits $100 Million to Accelerate Digital Growth Across Africa and the Middle East | PayPal Holdings, Inc. (NASDAQ: PYPL) has announced a strategic commitment to invest $100 million across the Middle East and Africa (MEA) to drive innovation, support entrepreneurs, and promote inclusive economic growth in one of the world’s... |
| 30.09.2025 | To support expansion of digital commerce in MENA, Africa, PayPal committed $100 M | PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a commitment to invest $100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastes... |
| 19.09.2025 | Street Wallet joins South Africa’s fintech consolidation wave with Digitip acquisiton | Street Wallet, a South African fintech known for its mobile payment solutions tailored to informal traders and service providers, has acquired Digitip, a local startup enabling digital tipping for informal workers, for an undisclosed amount... |
| 08.08.2025 | South African fintech startups to watch in 2025 | South Africa’s fintech space is one of the most developed in Africa. It makes up nearly 40% of the continent’s total fintech earnings. In 2023, Disrupt Africa counted over 140 fintech startups in the country. Around 30% South Africa’s finte... |
| 18.07.2025 | Card clearing platform Efficacy acquired by SA payments infrastructure startup Stitch | In order to offer card acquiring services directly to merchants as a Designated Clearing System Participant (DCSP) and facilitate more seamless and economical transactions, South Africa-based payments infrastructure company Stitch has made ... |
| 15.07.2025 | South Africa: Stitch Group Acquires Efficacy Payments, Secures DCSP Designation to Offer Card Acquiring Services | Digital payments company Efficacy has been acquired by the Stitch Group, enabling it to become one of the first fintechs to offer direct card clearing services in the market.
South Africa-based payments infrastructure company Stitch Group h... |
| 09.07.2025 | Cape Town fintech Stitch in another big acquisition | Less than three months after unlocking a R1-billion fundraising round, Cape Town-based fintech Stitch has announced its second major acquisition this year.
Stitch, which “emerged from stealth” in February 2021, has raised US$107-million in ... |
| 24.06.2025 | Crypto is becoming a ‘practical payment method’ in South Africa | South Africans are spending R2-million/month in cryptocurrency at a range of retail outlets, including Pick n Pay, crypto exchange Luno said on Tuesday, with adoption rising across merchant categories.
In total, consumers have spent more th... |
| 07.06.2025 | dLocal's Strategic Leap into Africa: A Game-Changer for Fintech | In the fast-paced world of fintech, dLocal is making waves. The Latin American unicorn is setting its sights on Africa, eyeing a significant acquisition that could reshape the landscape of cross-border payments on the continent. The company... |
| 03.06.2025 | dLocal to acquire Aza Finance to deepen African push | dLocal, the Latin American fintech unicorn that connects global merchants to emerging markets, is in talks to acquire Aza Finance (formerly BitPesa), a cross-border payments startup, as it continues its expansion into Africa.
“We’re proud t... |
| 07.05.2025 | TCS | Kiaan Pillay on fintech start-up Stitch and its R1-billion funding round | Cape Town-based fintech start-up Stitch last month caught the attention of many when it announced it was raising R1-billion (US$55-million) in a significant series-B funding round.
Co-founder and CEO Kiaan Pillay is our guest in this episod... |
| 17.04.2025 | To strengthen its enterprise payments infrastructure offering, Stitch raised $55 M Series B funding | In order to strengthen its online payments suite, enter the acquisition market, and deepen and expand its in-person payments offering, South Africa-based payments infrastructure startup Stitch has announced a US $55 million Series B round o... |
| 16.04.2025 | Stitch's $55 Million Leap: A Game Changer for Payments in Africa | In the bustling heart of Cape Town, a financial revolution is brewing. Stitch, a payments infrastructure company, has just secured $55 million in Series B funding. This is not just a number; it’s a statement. A declaration that the future o... |
| 15.04.2025 | Cape Town fintech Stitch unlocks R1-billion funding round | The Stitch team poses for a photo on Signal Hill in Cape Town
Cape Town-based enterprise payments infrastructure specialist Stitch has announced a US$55-million (R1-billion) series-B funding round led by QED Investors.
Stitch, which has a S... |
| 15.04.2025 | Stitch Raises $55M in Series B Funding | Stitch, a Cape Town, South Africa-based payments infrastructure company, raised $55M in Series B funding.
The round was led by QED Investors, Glynn Capital, Flourish Ventures and Norrsken22, with participation from existing funders Ribbit C... |
| 27.01.2025 | South African fintech Stitch acquires ExiPay to expand into in-person payments | Stitch, a South African fintech startup that provides online payments infrastructure for large enterprises, has acquired ExiPay, a startup that offers in-person payment solutions for retail businesses. The acquisition, for an undisclosed am... |
| 27.01.2025 | Stitch Acquires ExiPay, Expands Offering with In-Person Payments | Share this:
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| 27.07.2024 | SA fintech Stitch to host third annual Scale Summit in October | The third annual Scale Summit, with the theme “The Year of the Consumer,” will take place in Johannesburg on Thursday, October 3, at the invitation of South African payments infrastructure company Stitch.
Stitch is a payments infrastructure... |
| 10.07.2024 | SA banks closing ATMs across the country, except one | Banks across SA are closing their ATMs. Images by Marcial Comeron/Pexels and Nik/Unsplash
Most of South Africa’s major banks have been closing automated teller machines (ATMs) in the country over the past five years, except for Capitec.
Wha... |
| 09.07.2024 | TLcom-backed Okra expands into cloud services | Okra, a Nigerian fintech whose APIs allow banks and other financial service providers to access customers’ data, is building a cloud infrastructure for businesses to host their data and run workloads. With Nigerian startups keen to reduce c... |
| 10.10.2023 | Stitch Raises US$25M Series A Extension | Stitch, a Cape Town, South Africa-based fintech company, raised an additional US$25m in Series A funding.
The round, which brought total amount raised in the round to US$52m, was led by Ribbit Capital with participation from existing invest... |
| 03.10.2023 | Global expansion: Stitch secures $25m Series A extension | Leading payments infrastructure company Stitch has successfully closed a $25 million Series A extension round, spearheaded by Ribbit Capital.
This funding infusion, alongside continued support from existing investors including PayPal Ventur... |
| 03.10.2023 | Global expansion: Stitch secures $25m Series A extension | Leading payments infrastructure company Stitch has successfully closed a $25 million Series A extension round, spearheaded by Ribbit Capital.
This funding infusion, alongside continued support from existing investors including PayPal Ventu... |
| 02.10.2023 | Stitch raises $25M Series A extension led by Ribbit Capital, increasing the round’s total to $46M | Open banking, in which traditional banks release their data via application programming interfaces (APIs) to enable the development of new financial services for their consumers, has been one of the most significant disruptions in global pa... |
| 27.03.2023 | Stitch expands to become end-to-end payments service provider | South Africa-based payments infrastructure company Stitch has expanded its offerings to become an end-to-end payments service provider (PSP). This development comes after the introduction of new solutions, including card and debit order pay... |
| 27.03.2023 | Stitch expands to become end-to-end payments service provider | South Africa-based payments infrastructure company Stitch has expanded its offerings to become an end-to-end payments service provider (PSP). This development comes after the introduction of new solutions, including card and debit order pay... |
| 13.01.2023 | The second annual Stitch showcase for early-stage startups is now accepting applications | Stitch, a fintech company based in South Africa has invited early-stage companies from all around the continent to present their solutions to investors and other stakeholders as part of its second startup showcase.
The company, which last y... |
| 24.11.2022 | Stitch expands its payments ecosystem | South African-based fintech start-up Stitch has expanded payments through its application programming interface (API), rolling out direct deposit as a new payment method.
It will supplement other flagship Stitch instant EFT solutions − Inst... |
| 18.10.2022 | 50 African tech founders launch Pando DAO to drive development across Africa | In recent times, the African tech ecosystem has been on a steady upward trajectory. This year, venture funding on the continent is projected to cross the 7 billion mark with almost a thousand deals, establishing the continent as an outlier ... |
| 10.10.2022 | Scale Summit to focus on ‘optimising money movement’ | Leaders from across South Africa’s payments and digital commerce ecosystem will on Friday, 14 October gather for the inaugural Scale Summit. Hosted by payments fintech start-up Stitch, the focus will be on optimising money movement for long... |
| 10.10.2022 | Scale Summit to focus on ‘optimising money movement’ | Leaders from across South Africa’s payments and digital commerce ecosystem will on Friday, 14 October gather for the inaugural Scale Summit. Hosted by payments fintech start-up Stitch, the focus will be on optimising money movement for long... |
| 05.07.2022 | ‘One-click API’ Stitch now makes it easier to move money | Payments and data API fintech start-up Stitch has unveiled its latest solution, Stitch Payouts, set to make it easier and faster for businesses to move money. Businesses can now initiate custom flows of funds and easily send money to vendor... |
| 05.07.2022 | ‘One-click API’ Stitch now makes it easier to move money | Payments and data API fintech start-up Stitch has unveiled its latest solution, Stitch Payouts, set to make it easier and faster for businesses to move money. Businesses can now initiate custom flows of funds and easily send money to vendor... |
| 04.07.2022 | South African fintech Stitch launches Stitch Payouts in South Africa | South African API fintech Stitch has launched Stitch Payouts, a service it claims will enable businesses to send payments to customers, vendors, suppliers and employees easier and faster.
Stitch Payouts will consist of 3 elements: refunds, ... |
| 25.04.2022 | Stitch develops tokenised payment solution for SMEs | South Africa-based application programming interface (API) fintech firm Stitch has introduced LinkPay, a linked-account payments product, to allow businesses in SA and Nigeria to accept tokenised payments directly from a user’s bank
BANK UC... |
| 16.03.2022 | A fantastic February for African tech: Here’s what matters | After a dazzling January debut that saw Africa-focused tech startups raise over $430 million from roughly 60 announced deals, fundraising in February was similarly feverish. The shortest month of the year witnessed approximately 60 announce... |
| 15.02.2022 | Airtel Africa’s strategic hire, Connected finance in Africa, Digitising Nigerian pharmacies | Share this article:
Hello, people
How was St Valentine’s Day? Did you spend it with your loved one(s)? Or were you a dogged soldier and kept on coding, writing, designing, and building stuff? Mine had a mixture of everything plus more. Whil... |
| 14.02.2022 | Stitch raises $21m to build a pan-African payment powerhouse | Stitch, a South African API fintech company, announced today that it has closed a $21 million Series A funding round, led by The Spruce House Partnership.
The funding round also saw participation from PayPal Ventures, TrueLayer, Firstminute... |
| 14.02.2022 | Stitch raises $21M in Spruce House led Series A | South African fintech API Stitch closed a $21 million Series A funding round that drew participation from The Spruce House Partnership, PayPal Ventures and TrueLayer among a mix of global and local investors. This investment will allow the ... |
| 14.02.2022 | Stitch raises $21M in Spruce House led Series A | South African fintech API Stitch closed a $21 million Series A funding round that drew participation from The Spruce House Partnership, PayPal Ventures and TrueLayer among a mix of global and local investors. This investment will allow the ... |
| 13.02.2022 | Stitch raises $21M for its API infrastructure and embedded finance platform | Open finance continues to be a significant theme in the world of fintech as businesses tap APIs to access customers’ financial accounts and provide a gamut of integrated and embedded financial services. In the latest development, Stitch — o... |
| 04.02.2022 | SA API fintech company calls on early-stage fintech startups to pitch to global investors in Cape Town | Startup showcase (Stitch)
South African Fintech startup Stitch calls on early-stage fintech companies to apply for a startup showcase that will allow them to pitch to investors.
Participating startups will pitch for local and global investo... |
| 04.02.2022 | 13 African tech startups to watch out for in 2022 | 2021 was a watershed year for both VC firms and startups in Africa’s tech ecosystem. As businesses re-opened and people went back to living their lives, they continued with habits they picked up during lockdowns. Owing to this consumer tren... |
| 09.12.2021 | Bitvice wants to spread Bitcoin custodianship in South Africa | Over four million South Africans own cryptocurrency and Bitcoin investment platform Bitvice wants to increase that number dramatically. This is only one of the goals the company set out in a launch statement today with its invitation for cu... |
| 09.12.2021 | Bitvice wants to spread Bitcoin custodianship in South Africa | Over four million South Africans own cryptocurrency and Bitcoin investment platform Bitvice wants to increase that number dramatically. This is only one of the goals the company set out in a launch statement today with its invitation for cu... |
| 09.11.2021 | Stitch lands in Nigeria with new payments product | API fintech startup, Stitch, has launched in Nigeria with a new payments solution, Stitch Payments. The launch, which took place in late October, comes just eight months after the startup emerged from stealth with an initial $4 million seed... |
| 28.10.2021 | Local fintech firm Stitch raises R30m, expands to Nigeria | The Stitch team.
South Africa-based application programming interface (API) fintech firm Stitch today outlined its expansion into Nigeria.
It also announced a $2 million (R30 million) seed extension with participation from global fintech en... |
| 18.05.2021 | Future Africa has reportedly invested $3 million in African startups in 2021 | Share this article:
Africa-focused venture capital firm, Future Africa, has revealed via a statement on its website that so far in 2021, it has invested $3 million — more than double its total investments in 2020 — in 13 startups.
In a Janu... |
| 02.03.2021 | Cape Town-based fintech secures $4-million | South African fintech startup Stitch has secured $4-million in a seed round of funding co-led by firstminute capital and Raba along with several other global investors including the founders of Venmo, CRE, Village Global, Klarna founder Nik... |
| 02.03.2021 | Cape Town-based fintech secures $4-million | South African fintech startup Stitch has secured $4-million in a seed round of funding co-led by firstminute capital and Raba along with several other global investors including the founders of Venmo, CRE, Village Global, Klarna founder Nik... |
| 26.02.2021 | Local start-up Stitch raises R60m funding | South African fintech start-up Stitch has announced a $4 million (R60 million) seed round with an investor line-up that includes the founders of Venmo, Klarna and Flutterwave, and the founding team from Plaid and Revolut.
The start-up compa... |
| 24.02.2021 | Stitch emerges from stealth with $4M for its API fintech play in Africa | Over the years, there has been a growing trend of fintech infrastructure players around the world. In Africa, a handful of startups have launched in the past three years to provide such services. Stitch, a South African fintech startup, is ... |
| - | Stitch | “One API integration for enterprise online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto.” |
| - | Stitch | - |
