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Stitch raises $4m in Seed funding

South Africa based fintech API startup raised $4m in Seed funding led by Firstminute Capital and The Raba Partnership.

“We were looking for a way to let users cash out from their wallet to their bank account,” Kiaan Pillay tells TechCrunch. “We did this manually at first and then as a stopgap, we automated the process using screen scraping. We realized that the automated solution to this manual problem could be a product by itself and that there were more elegant ways to do it.”

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south africa, api