Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead
Africa's startup funding rose to $343 million in April 2025, a significant increase from $50 million in March. Year-to-date funding reached $803 million across 163 deals, a 43% increase compared to the same period in 2024.
South Africa’s payments startup Stitch raises $55 million Series B funding
Stitch raised $55 million in a Series B funding round led by QED Investors. The funding will support the expansion of Stitch's in-person payment offerings and online payment suite.
Stitch Secures $50M in Series B Funding to Expand Payment Solutions Across Africa
Stitch raised $55 million in funding, bringing total funding to $107 million. Investors include Glynn Capital, Flourish Ventures, and Norrsken22.
South Africa’s Stitch secures $55M in new funding round
Stitch secured $55 million in additional funding to enhance its payment solutions. The investment aims to strengthen Stitch's position in the African fintech landscape.
