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Tag: Efficacy

Stitch expands fintech footprint with Efficacy Payments acquisition
  • Tech

Stitch expands fintech footprint with Efficacy Payments acquisition

eriinfo.com2 months ago02 mins

Stitch has announced that it has acquired Efficacy Payments, enabling it to offer card acquiring services directly to merchants as a designated clearing system participant (DCSP) and provide more seamless and cost-effective transactions. Image supplied “We’re excited to welcome the Efficacy team into the Stitch Group and offer this critical solution to the merchants we…

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Stitch acquires Efficacy Payments, bolstering card-acquiring capabilities
  • Tech

Stitch acquires Efficacy Payments, bolstering card-acquiring capabilities

eriinfo.com2 months ago03 mins

Cape Town-based fintech Stitch has announced its second major acquisition this year, coming less than three months after securing a R1-billion fundraising round. The company, which emerged from stealth in February 2021, has now raised a total of US$107 million in funding, including its recent Series B round of $55 million. Read: Bandwidth Blog &…

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