Stitch

Private

Riyadh-based fintech building a cloud-native operating system for banks and financial institutions, covering lending, cards, payments, and ledgers. Lets banks modernize fragmented legacy cores module by module rather than rip-and-replace. Over $5B in transactions processed in trailing six months.

Founders Mohamed Oueida
CEO Mohamed Oueida

Company

Founded
2022
Headquarters
Riyadh, Saudi Arabia

Financials

Total Funding
$35M
Sectors
Fintech Cloud Computing Payments Enterprise Software
www.stitch.co

Funding History

2 rounds
Series A May 16, 2026
$25M
Andreessen Horowitz (Lead) Arbor Ventures COTU Ventures Raed Ventures SVC
Seed May 15, 2025
$10M
Arbor Ventures (Lead) COTU Ventures Raed Ventures SVC Jason Gardner

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.