<ul><li>South Africa-based payments infrastructure company Stitch has raised $55 million in a Series B funding round.</li><li>The funding will be used to expand its in-person and online payments offerings, and move into the acquiring space.</li><li>Stitch provides payments solutions for enterprise businesses in South Africa, including multi-line retailers, telcos, and omnichannel businesses.</li><li>The funding round was led by QED Investors, bringing the total funding raised by Stitch to $107 million.</li></ul>

South Africa’s Stitch Raises $55 Million to Expand Enterprise Payments Infrastructure

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