What is Stitch?
Founded in 2022 by Mohamed Oueida, Stitch operates as a unified SaaS and API platform designed to help financial and non-financial institutions launch banking and payment products up to 80% faster than traditional methods. The company claims its clients can launch products in under 90 days, compared to industry norms that typically take much longer. By abstracting the complexities of legacy banking systems, Stitch provides a streamlined interface that allows businesses to focus on user experience and service delivery rather than backend infrastructure. This value proposition is particularly compelling for enterprises looking to modernize their financial offerings without the prohibitive costs and time delays associated with traditional development cycles. As a key player in the fintech ecosystem, Stitch is effectively lowering the barrier to entry for companies seeking to integrate sophisticated payment and banking capabilities into their existing digital platforms.
How much funding has Stitch raised?
Stitch has raised a total of $10M across 1 funding round:
Seed
$10M
Seed (2025): $10M with participation from Raed Ventures, Saudi Venture Capital, COTU Ventures, and Arbor Ventures
Key Investors in Stitch
Raed Ventures
RAED Ventures is a venture capital firm that partners with exceptional founders to build breakthrough companies in the MENA region, focusing on early-stage growth and scaling.
Saudi Venture Capital
SVC INVESTMENTS specializes in investing in private capital funds, including venture capital and private equity, with a focus on high-growth potential startups and SMEs.
COTU Ventures
COTU Ventures is dedicated to transforming seed investing in the Middle East by supporting exceptional founders and backing innovative startups in the AI and fintech sectors.
What's next for Stitch?
With this major enterprise-level funding, Stitch is well-positioned to scale its engineering capabilities and deepen its market penetration. The strategic focus will likely shift toward enhancing the robustness of its API suite and expanding its geographic reach to support a broader array of international clients. As the demand for embedded finance continues to surge, Stitch's ability to maintain its 90-day launch promise will be a critical differentiator. Future growth will likely involve strategic partnerships with established financial institutions and the continued refinement of its platform to accommodate complex regulatory environments. By leveraging this capital, the company aims to solidify its status as an essential utility for the next generation of financial services, driving innovation and efficiency across the industry.
See full Stitch company page
