Stitch
About
Provides a unified financial operating system that integrates payments, lending, accounts and data into a single infrastructure layer for banks and financial institutions.
Founders
Recent News
AI start-up Mal carries Middle East FinTech in H1 with mega-funding round
Abu Dhabi-based AI start-up Mal raised a $230 million mega-round — about 37% of MENA fintech funding in H1 2026 — helping keep regional headline fintech funding robust despite a sharp drop in deal volumes. Other notable rounds included UAE-based Fasset ($51m) and Saudi rounds led by Madfu ($26m) and Stitch ($25m).
Saudi startups raise $293M on day three of Leap26 in Riyadh
At Leap26 in Riyadh, Saudi startups announced a combined $293M across 11 deals and VC funds as local companies accelerate regional and international expansion, highlighting growing investor interest and national support for AI and advanced computing.
Saudi fintech Stitch shifts focus to infrastructure as legacy systems limit scale
Stitch, a Saudi fintech, is pivoting to provide unified financial infrastructure for banks and lenders as legacy systems hinder scale, and has closed a $25 million Series A. Founder and CEO Mohamed Oueida says control over the core systems is essential for rapid product iteration and AI-driven use cases.