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Riyadh fintech Stitch raises $25M Series A led by a16z

Riyadh-based fintech Stitch raises $25M Series A led by a16z, marking the venture firm's first investment in the Gulf region.

May 14 · · primary fetch1 sourceupdated May 14 ·

Aisha S Gani / Bloomberg: Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf — Andreessen Horowitz is making its first investment in the Gulf with a fundraise for a Saudi startup, as investors continue to sign deals despite the US-Israel war on Iran.

read full article on techmeme.com
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  1. techmeme.comRiyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf (Aisha S Gani/Bloomberg)primary