A platform that provides API solutions for fintechs to connect with banks and access financial data.
How open banking will change how fintechs manage API integrations with banks
Accessing bank data in Nigeria was previously complex and often relied on personal relationships. Fintechs used insecure methods like screen scraping to gather user data, raising security concerns.
Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead
Africa's startup funding rose to $343 million in April 2025, a significant increase from $50 million in March. Year-to-date funding reached $803 million across 163 deals, a 43% increase compared to the same period in 2024.
South Africa’s payments startup Stitch raises $55 million Series B funding
Stitch raised $55 million in a Series B funding round led by QED Investors. The funding will support the expansion of Stitch's in-person payment offerings and online payment suite.
Stitch Secures $50M in Series B Funding to Expand Payment Solutions Across Africa
Stitch raised $55 million in funding, bringing total funding to $107 million. Investors include Glynn Capital, Flourish Ventures, and Norrsken22.
