Cape Town fintech Stitch unlocks R1-billion funding round – TechCentral

TechCentral

Cape Town-based Stitch secures $55M in funding led by QED Investors. The enterprise payments specialist plans to enhance in-person payments, expand into the acquired space, and strengthen online payments suite. The round includes investors like Glynn Capital and Flourish Ventures. Stitch’s clients include Takealot, MTN, and Standard Bank. They aim to broaden in-person payments and add acquiring services.
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