Stories

Problem: When vehicle subscription platform FlexClub began offering private subscriptions to individual customers, they needed a fast and secure way to assess potential customers’ affordability and recommend vehicles that fell within their budgets. Stitch solution: With Stitch Financial Data, customers can easily link their bank accounts rather than uploading manual statements, enabling the FlexClub team …

How Stitch Financial Data powers FlexClub’s smart vehicle recommendation engine Read More »

Problem: The Akiba Digital team was using an international data provider to onboard and verify businesses on their platform, and to access their transaction and balance history. However, when customers logged into their accounts via the provider’s platform, their local banks often flagged it as potential fraud, impacting customer trust and churn rates. Stitch solution: …

Akiba Digital chooses Stitch for fraud-free access to financial data Read More »

At Stitch, our mission is to power Africa’s tech companies with the financial infrastructure they need to more easily launch, optimise and scale their businesses. We work with some of the best and fastest-growing companies in Africa, and they’re making a significant impact everyday. As we look back on our first year out of stealth, …

A year of growth: measuring impact Read More »

South Africa-based Revio helps SaaS and subscription businesses across Africa better manage recurring payments and collections. Stitch and Revio have partnered to offer Revio customers a simple and secure way to enable payments via bank transfer, and improve their user experience. With the advent of the pandemic and a surge in adoption of digital services, …

Stitch partners with Revio Read More »

Problem: Bitvice relied on manual documentation and KYC checks when onboarding new customers, which often took more than 15 minutes and led to high dropoff rates Solution: The team needed a fast and secure solution that could help them reduce onboarding time and get their customers investing in Bitcoin faster. This week, they launched in …

With Stitch, Bitvice helps South Africans start investing in Bitcoin in under 2 minutes Read More »

Problem: ImaliPay needed a trusted payments partner in South Africa that could provide a seamless experience for their users at affordable rates Solution: With Stitch, ImaliPay can enable gig workers to make instant bank payments when paying back tools purchased via buy-now-pay-later, through a link shared on their WhatsApp chatbot or Mobile App – in …

ImaliPay expands to South Africa with Stitch as payments and open banking partner Read More »

Problem: Rentoza was validating customer identification and behavior manually and lacked data insights needed to quickly and accurately make an assessment. As a result, monthly collection rates were around 75%. Solution: Today Rentoza uses Stitch to instantly access transaction insights and balance details directly from a potential customer’s bank account, allowing them to approve customers …

Rentoza launches pure subscription model, leans on Stitch to improve collections rate by 20% Read More »

Today marks a historic day for us here at Stitch. Over the last nine months, we’ve been working closely with the Chipper Cash team to enable their launch in South Africa. We’re proud to serve as their payments partner as they offer free, instant peer-to-peer transfers, discounted airtime bundles, and cryptocurrency purchases in the country. …

Stitch to serve as payments partner for Chipper Cash in South Africa Read More »

Franc is using Stitch Payments to offer its users a more affordable and seamless way to fund their investment portfolios.