Saudi Arabian fintech Stitch has secured a $25 million in Series A funding led by Andreessen Horowitz (a16z), with participation from existing backers Arbor Ventures, COTU Ventures, Raed Ventures, and SVC.

The round represents a16z’s first investment in the Gulf Cooperation Council region and brings Stitch’s total capital raised to $35 million, following a $10 million seed round completed 12 months ago.

Founded in 2022 by CEO Mohamed Oueida, Stitch operates an AI-native operating system that enables financial institutions to develop and launch products spanning payments, lending, cards, deposits, and digital wallets. The company claims that more than $5 billion in transactions have been processed through its platform over the past six months.

Adopted by the likes of Tamtam, Wahda Bank, and LuLu Exchange, Stitch currently serves clients across the GCC, Africa, and Southeast Asia, with plans to extend worldwide.

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Stitch says it will use its latest funding to accelerate product development, expand its global go-to-market operations, and deepen its presence across the GCC and broader MENA region.