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Fintech company Stitch raises $25 million Series A funding round, led by a16z

2026-05-14 08:01

Odaily Planet Daily News: Fintech company Stitch announced the completion of a $25 million Series A funding round, led by a16z. The project's main business is to build an operating system for modern financial institutions. Its API-first platform enables banks, fintech companies, and non-financial institutions to launch, scale, and operate financial products on a modular technology stack. Over the past six months, Stitch's platform transaction volume has exceeded $5 billion. In 2025, the customer base grew 10 times, and revenue increased 20 times.

a16z stated that after years of in-depth research on global fintech infrastructure opportunities, Stitch is the clearest representation of the next-generation infrastructure it has discovered.