Stitch has raised $25 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from existing investors Arbor Ventures, COTU Ventures, Raed Ventures, and SVC.
The investment marks a16z’s first deal in the Gulf Cooperation Council (GCC) region and brings Stitch’s total funding to $35 million, following its $10 million seed round completed in May 2025.
Founded in 2022 by CEO Mohamed Oueida, Stitch develops an AI-native operating system that enables financial institutions to build and launch products across payments, lending, cards, deposits, and digital wallets.
According to the company, more than $5 billion in transactions have been processed through its platform over the past six months.
Stitch’s client base includes companies such as Tamtam, Wahda Bank, and LuLu Exchange, with operations spanning the GCC, Africa, and Southeast Asia.
The company said the new capital will be used to accelerate product development, expand global go-to-market operations, and strengthen its presence across the GCC and wider MENA region.
