Stitch
ActiveCloud-native, AI-ready banking operating system that lets financial institutions launch and scale payments, lending, cards, deposit, and digital wallet products on one unified stack instead of integrating multiple legacy vendors.
Stitch is a Riyadh-headquartered fintech infrastructure company giving banks and fintechs across the GCC, Africa, and Southeast Asia a single cloud-native stack spanning lending, payments, cards, and ledgers, so they can modernize core systems incrementally. Founded in 2022 by CEO Mohamed Oueida, Stitch has processed more than $5 billion in transactions and counts Tamtam, Wahda Bank, and LuLu Exchange among its clients; it also acquired South African payments firm Efficacy Payments in July 2025.
Founders
Mohamed Oueida
Founder & CEO
Funding Rounds
Lead: Andreessen Horowitz (a16z)
Investors: Andreessen Horowitz (a16z), Arbor Ventures, COTU Ventures, Raed Ventures, SVC
Investors: Andreessen Horowitz (a16z), Arbor Ventures, COTU Ventures, Raed Ventures, SVC.
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