Cape Town payments infrastructure firm Stitch announced a $55 million Series B, led by QED Investors, on 15 April 2025. It had bought ExiPay in January 2025 and bought Efficacy Payments in July 2025.

CORRECTED · 20 OCTOBER 2026

Corrected 20 October 2026: the Series B was announced in April 2025, not August. ExiPay was acquired in January 2025, before the round, not after it.

Where it comes from

Source: Stitch announcements: Series B (15 April 2025) and Efficacy Payments acquisition (9 July 2025)
Date: Apr 2025
Method: Disclosed funding round
Region: South Africa
Beat: Banking, Insurance and Fintech

WHAT YOU COPY

Cape Town payments infrastructure firm Stitch announced a $55 million Series B, led by QED Investors, on 15 April 2025. It had bought ExiPay in January 2025 and bought Efficacy Payments in July 2025. (Source: Stitch announcements: Series B (15 April 2025) and Efficacy Payments acquisition (9 July 2025), Apr 2025). Via SourceDesk: sourcedesk.co.za/e/7hdzpc

Verify against the primary source before publication.

Back to the search desk