Stitch
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Stitch - overview
Established
2021
Location
Riyadh, -, Saudi Arabia
Primary Industry
Financial Services
About
Founded in 2021 and headquartered in Riyadh, Saudi Arabia, Stitch operates as a fintech company offering a platform for financial institutions. The company raised USD 10. 00 mn in Seed funding in May 2025, attracting investors such as Arbor Ventures, COTU Ventures, RAED Ventures, and SVC Fund. The total amount raised since inception is USD 10.
00 mn, with one recorded deal to date. Stitch provides a unified platform that empowers financial institutions to build, manage, and scale a variety of financial products, including ledgers, cards, lending solutions, and deposit systems. The platform is designed to streamline operations and enhance customer experiences by integrating essential financial tools into a single infrastructure. Key functionalities include real-time transaction tracking, customizable card issuance, and modern lending capabilities that facilitate quick onboarding and settlement processes.
Stitch targets regulated entities such as banks, lenders, and other financial service providers, with plans to expand accessibility to unregulated institutions. Its products are marketed primarily in the MENA region, including countries such as Saudi Arabia and the UAE, along with growing fintech ecosystems globally. Stitch's revenue model is structured around service subscriptions and partnerships with financial institutions. Clients engage with Stitch by integrating its modular platform into their existing systems, thereby streamlining transaction processes and enhancing operational efficiency.
Revenue is generated through these partnerships, along with transaction-based fees associated with the use of specific products, such as card issuance and lending solutions. While precise pricing plans for individual services are not disclosed, the company’s offerings are designed to cater to a variety of financial service needs, facilitating smooth operations for institutions looking to enhance their financial product portfolios. The seamless integration and performance of Stitch's platform position it as a competitive player in the financial technology landscape. In May 2025, Stitch raised USD 10.
00 mn in Seed funding to grow its team and enhance its platform to support banks, fintechs, and other businesses integrating financial services. The funding will facilitate the development of upcoming new products aimed at expanding their offerings. Additionally, Stitch plans to enter new markets, particularly targeting regions beyond the MENA region in the near future.
Current Investors
Arbor Ventures, RAED Ventures, Saudi Venture Capital Company
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.stitch.sa
Verticals
FinTech
Company Stage
Angel & Seed
Total Amount Raised
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