Startup profile · funding coverage
Stitch funding, valuation and investors
Cloud-native core banking OS for lending, cards, payments, and ledgers in GCC and emerging markets.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$25M · May 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$25M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a
Investors in latest funding
Lead: Andreessen Horowitz
Overview
Stitch provides a modular, API-first core banking operating system for banks and fintechs in the GCC, Africa, and Southeast Asia — covering lending, cards, payments, and ledger functions. In May 2026, Andreessen Horowitz led a $25M Series A, described as the firm's first GCC investment, with Arbor Ventures, COTU, Raed, and SVC participating. Stitch targets financial institutions replacing decades-old core systems with cloud-native modules they can compose rather than monolithic vendor replacements.
Why Stitch is interesting
GCC banks greenfield modern cores — a16z led $25M Series A as first regional bet for modular banking APIs replacing legacy stacks.
Product & use cases
Stitch modules cover lending origination, card issuing, payments rails, and ledger/accounting — deployed as API services banks integrate instead of full core rip-and-replace.
- GCC neobanks launching card and lending products on modular core
- Regional banks modernizing payments without multi-year core migrations
- Fintechs needing licensed banking infrastructure components
Key facts
- Series A (May 2026): $25M led by a16z — firm's first GCC investment (Stitch press)
- Modular core banking: lending, cards, payments, ledgers
- Investors include Arbor Ventures, COTU, Raed, SVC
- Targets GCC, Africa, and Southeast Asia financial institutions
Funding history (newest first)
Investors in our directory
Funds linked from Stitch's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: a16z's first GCC fintech bet brings Silicon Valley signaling; modular API approach fits greenfield Islamic and conventional banks alike.
Core banking sales cycles are long and regulatory-heavy. Stitch wins on regional focus and modular deployment but must pass bank vendor diligence that favors incumbents.
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Mambu direct
Cloud banking platform globally; established install base.
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Thought Machine direct
Vault core for tier-1 banks; higher complexity.
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Legacy Temenos/FIS cores incumbent
Dominant installed base; slow to cloud-native.
Notable stories
- a16z's first GCC check went to Stitch — betting emerging-market banks will skip Western core-banking timelines and compose cloud modules instead (Stitch press, May 2026).
Industries
Market / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover Stitch's financing or category context.
FAQs about Stitch
Practical answers founders, operators, and investors typically search for.
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