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2025-06-022025-06-021111100
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stitch secures 10 million funding to enhance financial infrastructure in mena

Stitch, a Saudi Arabia-based platform for financial product development, has secured $10 million in seed funding led by Arbor Ventures and others. The investment will enhance its technology and team, addressing challenges in the region's outdated financial systems and complex regulations. Currently serving clients in Saudi Arabia, the UAE, and East Africa, Stitch aims to streamline the launch of financial services, reducing deployment times by up to 80%.
Fintechnews Middle East
United States Dollar Saudi Riyal ARE KEN SAU Jason Gardner Hisham Abdulmalik Alsheikh Mohamed Oueidat Show more
Finance & Economy, Press Release
06:05 02.06.2025

stitch secures 10 million funding to transform banking infrastructure in mena

Stitch, a Saudi Arabia-based startup founded in 2022, has successfully closed a $10 million seed round to modernize banking infrastructure in the MENA region. The platform enables businesses to launch and scale financial products more efficiently, addressing significant barriers in the market. With backing from prominent investors and major clients already leveraging its technology, Stitch aims to transform the financial ecosystem by providing a unified, API-driven solution tailored for modern needs.
Lucidity Insights
United States Dollar Saudi Riyal Al Rajhi Bank IND KEN SAU Khaled Lababidi Wael Nafee Hisham Abdulmalik Alsheikh Jason Gardner Nora Alsarhan Mohamed Oueidat Show more
Finance & Economy, Press Release
03:12 29.05.2025
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