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SA fintech startup Stitch raises $M series A round for product, geographic expansion

South African API fintech startup Stitch has raised a US$21 million Series A funding round to expand its team, launch new product offerings, and enter new markets across the continent. The Stitch API allows developers to connect apps to financial accounts within minutes, allowing their users to share their transaction histories and balances, confirm their identities, and initiate payments. This tool allows companies to innovate with new and improved services including personal finance, lending, insurance, payments and wealth management. Stitch also enables fintechs to work with traditional financial institutions in a safer and more compliant way.

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Nigeria’s Flutterwave raises $250M Series D funding, valuation triples to over $3B

February 17, 2022

Nigerian fintech company Flutterwave has raised US$250 million in Series D funding to drive its expansion plan, tripling its valuation to over US$3 billion in the process. Launched in 2016, Flutterwave builds modern payments technology and infrastructure for Africa to enable people and businesses to connect with the global economy. Its solution enables banks and merchants to replace multiple payment integrations with one simple API, which enables processing of any form of payment anywhere in Africa.

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Twilio Announces Unified Profiles Powered by Segment

March 28, 2024

Twilio has announced two innovations within Twilio Flex, its digital engagement platform. The first, Unified Profiles, will be powered by Segment and allow businesses to collect and activate real-time consented data. This is the first of three launches set for 2024 that will embed Segment in Twilio Communication products. The second innovation is Agent Copilot which will allow users to deploy AI across this data to boost productivity.

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