Kenn Abuya - Profile and Journalist Details
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Kenn Abuya
Verified
Senior Tech Reporter, TechCabal
Nairobi, Here, Thēre
Beats
Biography
Senior tech reporter at TechCabal
Gender Topics
Content
By Sakhile Dube, Kenn Abuya Verified, Faith Omoniyi, Muktar Oladunmade Verified| TechCabal Verified Stitch, a South Africa-based payments infrastructure startup founded in 2021, has raised $55 million in a Series B round, bringing its total funding to $107 million within just four years of operation. The funding is aimed at expanding its in-person payment offerings, improving its online payment suite, and facilitating its entry into card acquiring.
By Faith Omoniyi, Adonijah Ndege Verified, Kenn Abuya Verified| TechCabal Verified For large organisations operating in Africa, accessing foreign exchange (FX) liquidity when they need it is often a painful experience. Banks rarely provide the full amount required in one go, and when they do, the process is slow, opaque, and fragmented. That challenge—moving money efficiently across borders and accessing FX at competitive rates—is what Verto, a London-headquartered fintech, set out to solve.
By Sakhile Dube, Kenn Abuya Verified, Faith Omoniyi, Muktar Oladunmade Verified| TechCabal Verified Stitch, a South Africa-based payments infrastructure startup founded in 2021, has raised $55 million in a Series B round, bringing its total funding to $107 million within just four years of operation. The funding is aimed at expanding its in-person payment offerings, improving its online payment suite, and facilitating its entry into card acquiring.
Company Info
TechCabal
TechCabal is a prominent digital media company that focuses on the African tech ecosystem. Established in 2013 and headquartered in Lagos, Nigeria, it is part of Big Cabal Media. TechCabal provides in-depth coverage of innovation, entrepreneurship, and technology across the continent. The company publishes high-quality articles and newsletters, including the TC Daily, which offers a daily roundup of technology news and trends in Africa. Through TechCabal Insights, it provides consultancy services that utilize big data to assist various stakeholders, including startups, investors, and governments. TechCabal also organizes events like the Moonshot Conference and manages the Radar forum, fostering discussions on technology in Africa. With a revenue of approximately $7 million and a team of around 39 employees, TechCabal serves a diverse audience across many African countries.
Lagos, Lagos, Nigeria
Founded: 2013