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Stitch, a South African fintech specializing in open banking and payment infrastructure, has raised $55 million in funding, bringing its total to $101 million. The investment, led by Raba Partners, follows Stitch's acquisition of Exipay, enabling the company to offer end-to-end payment solutions for both digital and physical transactions. As competition intensifies in Africa's fintech sector, Stitch aims to enhance its technology and expand its market presence while navigating regulatory challenges.
The Hashgraph Group has made a strategic investment in AgNext Technologies, an agritech leader focused on food quality and transparency. This partnership will integrate Hedera's distributed ledger technology into AgNext's platforms, enhancing traceability and efficiency in food supply chains.AgNext aims to revolutionize food safety with AI-driven solutions, addressing the significant issue of food waste, estimated at $230 billion annually. The collaboration will also involve joint initiatives to develop Hedera-powered devices, positioning AgNext at the forefront of the Web3 era in agriculture.
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stitch secures 55 million to enhance payments infrastructure in africa
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04:12 11.04.2025
hashgraph group invests in agnext to enhance food supply chain transparency
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12:49 07.04.2025
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