Stitch, the open banking specialist that facilitates enterprise payments through bank, debit and credit card, recurring debits, and cash and manual bank transfers, has secured $25 million in an extension round led by Ribbit Capital, bringing its total Series A funding to $46 million. Stitch offers an end-to-end payments solution that enables businesses to build, optimize, and scale financial products, focusing on online payments and payment operations. The company has experienced strong growth, processing over 50 million transactions totaling $2 billion in GPV in the past year.
Stitch Raises $25M Series A Extension Led by Ribbit Capital, increasing the round’s total to $46M