Stitch Money

Helping businesses and fintechs in Africa build financial products better and faster, with a Payments and Data API.

Launch date

Sep 2019

Employees

Market cap

Enterprise valuation

Cape Town Western Cape (HQ)

https://stitch.money

https://twitter.com/stitchmoneyhq https://www.linkedin.com/company/stitchmoney/

Revenues, earnings & profits over time

USD	2020	2022	2023
Revenues	<1m	8.0m	15.8m
% growth	-	-	98 %

Date	Investors	Amount	Round
-	firstminute Everywhere Ventures Base Capital RaliCap Ventures The Fintech Fund	N/A	-
Feb 2021*	Niklas Adalberth 500 Global Iyinoluwa Aboyeji Iqram Magdon-Ismail First Minute Capital Davide de Picciotto CRE Venture Capital Nitesh Banta Marc Bhargava Musha Ventures Village Global Raba Capital Eli Pollak Tom Phillips Future Africa Calanthia Mei Michael Vaughan Norrsken Foundation	$4.0m	Seed
Oct 2021*	500 Global First Minute Capital CRE Venture Capital Matt Robinson Charlie Delingpole Tom Blomfield Village Global Raba Capital Future Africa Emilie Choi Norrsken Foundation	$2.0m Valuation: $20.0m	Seed
Feb 2022*	Quovo TrueLayer First Minute Capital CRE Venture Capital Village Global Chipper Cash PayPal Ventures Spruce House Zinal Growth	$21.0m	Series A
Oct 2023*	Ribbit Capital	$25.0m	Series A
Total Funding		$52.0m