Stitch - About the company
Stitch is a series B company based in Cape Town (South Africa), founded in 2019 by Natalie C, Priyen Pillay, Andrew Ma and Kellin Pelrine. It operates as a Provider of payment infrastructure for online and in-person transaction processing. Stitch has raised $109M in funding from investors like QED Investors, Glynn Capital and Ribbit Capital. The company has 6285 active competitors, including 532 funded and 490 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.
Company Details
Provider of payment infrastructure for online and in-person transaction processing. This platform facilitates payment acceptance through gateways, point of sale terminals, and automated payout systems. It integrates with e-commerce applications to enable various payment methods and provides tools for transaction orchestration, reconciliation, and reporting. The system includes automated fraud detection mechanisms to evaluate transactions and manage payment operations across multiple channels.
- Website
- stitch.money
- Social
- Email ID
- *****@stitch.money
Key Metrics
Founded Year
2019
Location
Cape Town, South Africa
Stage
Series B
Total Funding
$109M in 6 rounds
Latest Funding Round
Investors
Ranked
38th among 6285 active competitors
Employee Count
194 as on Aug 31, 2026
Investment & Acquisitions
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Stitch's funding and investors
Stitch has raised a total funding of $109M over 6 rounds. Its latest funding round was a Series B round on Mar 25, 2025 for $*****. 9 investors participated in its latest round. Stitch has 31 institutional investors and 28 angel investors.
Here is the list of recent funding rounds of Stitch:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 25, 2025 | 6532457 | Series B | 2054675 | 5864549 | 3069091 | 3328512 |
Oct 03, 2023 | 2109025 | Series A | 6443916 | 9477706 | 6011203 | |
Jan 26, 2022 | 4937923 | Series A | 7102926 | 9986765 |
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Stitch's founders and board of directors
Founder? Claim ProfileHere are the details of Stitch's key team members:
- Natalie C: Co-Founder & CTO of Stitch. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Priyen Pillay: Co-Founder & CPO of Stitch and founder of 1 other company.
- Andrew Ma: Chief Operating Officer / Co-Founder of Stitch and founder of 1 other company.
- Kellin Pelrine: Co-Founder and CTO of Stitch and founder of 1 other company.
View details of Stitch's Founder profiles and Board Members
Stitch's employee count trend
Stitch has 194 employees as of Aug 26. Here is Stitch's employee count trend over the years:
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Stitch's Competitors and alternates
Top competitors of Stitch include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Stitch, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 85/100 | |
3rd | Provider of payment and business banking solutions for enterprises | $742M | 85/100 | ||
4th |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Online payment and money transfer platform for businesses | $554M | 83/100 | ||
6th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
7th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 82/100 | |
8th | Provider of in-store and online payment, prepaid, and financial solutions | $954M | 80/100 | ||
9th |  GoCardless 2011, London (United Kingdom), Acquired | Provider of automated bank payment collection and recurring billing services | $540M | 80/100 | |
10th | PayU 2002, Amsterdam (Netherlands), Funding Raised | Provider of online payment solutions and financial services for businesses | - | 79/100 | |
38th |  Stitch 2019, Cape Town (South Africa), Series B | Provider of payment infrastructure for online and in-person transaction processing | $109M | 69/100 |
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Stitch's Investments and acquisitions
Stitch has made 1 investment in Thepeer and acquired Efficacy Payments and ExiPay Technologies.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 09, 2025 | Acquisition | 2016 | Cape Town (South Africa) | |
Jan 27, 2025 | Acquisition | 2021 | Nicosia (Cyprus) | |
Jun 22, 2022 | Investments | 2021 | Lagos (Nigeria) |
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Here is the latest report on Stitch's sector:
News related to Stitch
Filter this listMedia has covered Stitch for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Saudi FinTech Stitch Raises $25 Million Series A for Modern Financial OSPYMNTS.com•May 14, 2026•Stitch
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Capitec VRP lets South Africans make recurring payments directly from bankTechCabal•Dec 04, 2025•Capitec Bank, Stitch
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Stitch acquires Efficacy Payments to become a card acquirer in South AfricaInnovation-village•Jul 09, 2025•Stitch, Efficacy Payments
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South African Fintech Stitch Secures $55M Series B FundingTechCabal•Apr 15, 2025•Stitch, Norrsken22, Flourish, Glynn Capital and 5 others
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SA’s Stitch partners Standard Bank’s Shyft to enable instant wallet updatesDisruptafrica•Mar 07, 2025•Stitch, Standard Bank
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Stitch acquires ExiPay to boost omnichannel payments in South AfricaInnovation-village•Jan 27, 2025•ExiPay Technologies, Stitch, Stitch
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SA payments infrastructure startup Stitch launches 3 key integrationsDisruptafrica•Jul 16, 2024•Stitch
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