Rally Cap partially exits its investment in South African fintech Stitch
- Rally Cap partially exited its investment in Stitch after the company raised $55 million in a Series B round.
- Rally Cap was founded in 2020 and raised its first fund of $30 million in 2022.
- In 2024, Rally Cap launched a $5 million climate tech fund to diversify its investment focus.
Tech In Africa - Jul 21, 2025
Rally Cap Completes Partial Exit from South African Fintech Stitch
Rally Cap has partially exited its investment in South African fintech Stitch following the company'
The partial exit of Rally Cap from Stitch is a promising indicator of the evolving landscape of venture capital in Africa. As more firms begin to see substantial returns, it highlights the potential for growth and sustainability in the startup ecosystem. This trend could encourage further investment and innovation across various sectors, particularly in fintech and climate tech.
