Saudi Arabia-based fintech Stitch announces it has raised $25 million in a Series A funding round to develop an operating system for modern financial institutions. Multiple reports describe Stitch’s goal as replacing or addressing fragmentation among traditional banking systems by providing a unified infrastructure layer. The funding is positioned to support faster product development and broader expansion. According to the coverage, Stitch plans to deepen its presence across the Gulf Cooperation Council (GCC) and extend further into the Middle East and North Africa (MENA) region, while also pursuing wider international growth.
One outlet reports that the Series A is led by Andreessen Horowitz (a16z), highlighting it as a key investment in the GCC. The reporting also frames the round as a step toward scaling Stitch’s platform and increasing its adoption by financial institutions. Across sources, the consistent details are the company’s location in Riyadh, the $25 million Series A amount, the aim of unifying banking infrastructure, and the use of proceeds for product and regional/international expansion.
