South African fintech Stitch has acquired ExiPay in a strategic move to enter the in-person payments space. Known for its expertise in digital payments and financial infrastructure, Stitch is now broadening its reach to include physical transactions, strengthening its position in the evolving fintech landscape.
With this acquisition, Stitch aims to provide seamless payment solutions across both online and offline channels, catering to a wider range of merchants and consumers. This move signals the company’s commitment to building a more integrated and versatile payment ecosystem in South Africa and beyond.
South African fintech Stitch is making a bold move into the in-person payments space with the acquisition of ExiPay. Renowned for its digital payment infrastructure, Stitch is now bridging the gap between online and offline transactions, solidifying its foothold in the evolving fintech landscape.
This strategic acquisition enables Stitch to offer seamless payment solutions across multiple channels, empowering businesses and consumers with greater flexibility. By integrating ExiPay’s capabilities, Stitch is reinforcing its commitment to building a comprehensive and versatile payment ecosystem in South Africa and beyond.