Stitch
South Africa, ZA · Founded 2019 · 191 employees on LinkedIn · 13 known investors
Stitch provides payment infrastructure enabling businesses to accept, send and manage online and in-person payments while offering consumers in South Africa financial management tools. The platform serves businesses of all sizes across e-commerce and retail with solutions for payment processing, integration and operations optimization.
Founders & leadership
Stitch was founded in 2019 by Mohamed Oueida and Kiaan Pillay.
MO
Mohamed OueidaFounder & CEO
KP
Kiaan PillayinCo-Founder / CEO
Investors · 13
500 GlobalSan Francisco · $150K
CRE Venture CapitalMahwah · $50K – $1Mvia Pardon Makumbe · inferred
Digital Currency GroupNew York
Glynn Capital ManagementMenlo Park
High AlphaIndianapolis
Norrsken22Johannesburg
SHAKTISan Francisco · $250K – $2M
The Raba PartnershipCape Town · $50K – $5M
Village GlobalCovina · $100K – $500K
Andreessen Horowitzreported · 2 sourcesMenlo Park · $500K – $50M
Arbor VenturesreportedSingapore
Musha VenturesreportedSeattle · $25K – $500K
The FundreportedAustin · $50K – $250K
Funding
SEC filings, press & company announcements$25M disclosed across 1 round · 2026
- $25MSeries AMay 2026 · 4 sources
Andreessen Horowitz (lead)
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 10
by search overlap
Stripe147 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Checkout112 shared keywordsCheckout.com offers Flow, a hosted payment page that businesses can deploy with a low-code, one-time integration to accept payments online. The page can be customized to match a site's branding for a consistent checkout experience.
GoCardless107 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Jetlore87 shared keywordsJetlore was a Palo Alto AI startup that turned unstructured retail product data into structured attributes so merchants could personalise what each shopper saw. Founded by Stanford researchers, it raised from Sierra Ventures, Alsop Louie Partners, Fenox Venture Capital, BRM Capital and Mercury Fund, and PayPal acquired it in 2018.
Razorpay79 shared keywordsRazorpay provides payment processing APIs and financial services for online merchants, schools, and ecommerce businesses, offering payment acceptance, disbursement, current accounts, and working capital loans. The company serves businesses looking to accept and manage payments online with developer-friendly integration.
Wise73 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Airwallex68 shared keywordsAirwallex operates a global banking platform that provides cross-border payments, financial infrastructure, and AI-powered financial software for businesses. The platform serves companies across 200+ countries, enabling automated financial operations, expense management, and billing for global enterprises and AI-native businesses.
Bill.com Holdings, Inc.67 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Tipalti63 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
Adyen63 shared keywordsAdyen is a payments platform that enables enterprises to accept, process, and move money across their business, with capabilities for embedded finance and financial product issuance.
Companies competing with Stitch for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Stitch do?
- Stitch provides payment infrastructure enabling businesses to accept, send and manage online and in-person payments while offering consumers in South Africa financial management tools. The platform serves businesses of all sizes across e-commerce and retail with solutions for payment processing, integration and operations optimization.
- Who founded Stitch?
- Stitch was founded by Mohamed Oueida, Kiaan Pillay in 2019.
- Who are Stitch's investors?
- Stitch's investors include 500 Global, CRE Venture Capital, Digital Currency Group, Glynn Capital Management, High Alpha, Norrsken22, SHAKTI, The Raba Partnership and 5 more.
- How much funding has Stitch raised?
- Stitch has disclosed $25M raised across 1 round.
- Where is Stitch headquartered?
- Stitch is headquartered in South Africa, ZA.