Stitch

Active#5 in South Africa

Estimated valuation · Payment infrastructure · South Africa

Payment infrastructure for enterprise merchants in South Africa, covering pay-by-bank, card acquiring, payouts and in-person payments through a single API and terminal offering.

Fintech›payment infrastructure stitch.money

Founded2021

HQCape Town

RaisedUSD 107M

Last roundSeries B · Apr 2025

Country of originSouth AfricaListed in the South Africa ranking

Where would you invest?South AfricaJurisdiction as cited by the ranking

Estimated valuation

AI · South Africa ranking

≈ USD 280MUSD 230–360M · Hundreds of M$

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Series B · USD 55M · Apr 2025
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
South Africa · all sectors	Top 20	#5	Edition 0 · October 2026	17 Jan 2027

Rank historyOct 2026 · #5First edition: no movements yet.

Funding history

USD 107M raised in total

Date	Round	Amount	Type	Investors
Apr 2025	Series B	USD 55M	Equity	Flourish Ventures, Norrsken22, Glynn Capital, Ribbit Capital

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Stitch as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $280MUndervalued or overvalued?

Versus competitorsHow does it compare?

Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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What the AI reads

Read by the AI at the next edition.

Comparable companies in South Africa

Full South Africa ranking →

Tyme Group#1Fintech › digital bankUnicorn Jumo#2Fintech › banking-as-a-serviceHundreds of M$Yoco#4Fintech › SME paymentsHundreds of M$Ozow#7Fintech › account-to-account paymentsHundreds of M$

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.