Overview
Stitch is a fintech company headquartered in Riyadh, Saudi Arabia, founded in 2022. The company develops Stitch OS, a cloud-native operating system designed for financial institutions in the Middle East. The platform functions as a unified system of record, enabling financial organisations to manage core operations through a single integrated infrastructure.
The company addresses the operational complexity faced by financial institutions in the region that require modernised technology infrastructure. Traditional banking systems often operate in silos, with separate systems managing different functions. Stitch's offering targets institutions seeking to consolidate these disparate systems into a cohesive platform.
Activities and products
Stitch OS is the company's primary product offering. The platform provides modular solutions across four key areas: lending, cards, payments, and ledgers. These modules allow financial institutions to select and implement components relevant to their operations, rather than adopting a monolithic system. The cloud-native architecture enables institutions to scale operations and integrate new capabilities as needed.
Stage and funding
Stitch completed a Series A funding round in 2025, raising $25 million led by a16z (Andreessen Horowitz). The company was founded by Mohamed Oueida. At Series A stage, Stitch remains in early-to-growth phase development, having progressed beyond initial seed funding but not yet reached later institutional investment rounds.
Company details
- Legal name
- Stitch
- Website
- stitch.com
- Headquarters
- Riyadh, Saudi Arabia
- Founded
- 2022
- Sector
- Fintech
- Funding stage
- Series A