Fintech Startup Stitch Raises $25 Million Series A Led By Andreessen Horowitz

Stitch has raised:

• $25 million

in a:

• Series A funding round

led by:

• Andreessen Horowitz (a16z).

The investment marks:

• a16z’s first-ever investment in the GCC region

and brings Stitch’s total funding to:

• $35 million.

What Stitch Does

Stitch provides:

• cloud-native banking infrastructure

for financial institutions.

Its platform allows banks and fintech companies to manage:

• lending
• payments
• cards
• ledgers

through:

• a unified modern operating system.

The company says its system helps financial institutions:

• replace fragmented legacy infrastructure
• adopt AI technologies faster
• modernise operations gradually without full system replacement.

Why Investors Are Interested

According to Stitch:

• traditional banking infrastructure remains outdated
• AI adoption is difficult without clean modern data systems.

The company positions itself as:

• an AI-ready financial infrastructure platform

designed to help banks modernise core systems while maintaining operational continuity.

Rapid Growth

Stitch reported strong growth during 2025:

• customer numbers increased 10x
• revenue grew 20x
• over $5 billion was transacted on the platform within six months.

The company currently operates across:

• GCC
• Africa
• Southeast Asia.

Its customer list includes:

• Raya Financing
• LuLu Exchange
• Noqodi
• Foodics.

Expansion Plans

The new funding will be used for:

• product development
• GCC and MENA expansion
• global growth operations
• AI-focused financial infrastructure improvements.

What Andreessen Horowitz Said

Alex Rampell said legacy banking systems are becoming:

• a major barrier to AI adoption

and described Stitch’s infrastructure as:

• a modern unified system of record for financial institutions.