The Record · No. 002
Mohamed Oueida
Stitch · Fintech
Core banking OS for the institutions Vision 2030 is creating.
Saudi of Tomorrow
Mohamed
Oueida
Oueida
Core banking OS for the institutions Vision 2030 is creating.
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Saudi of TomorrowNo. 002
Stitch
Founded2022
Raised$35M total
Processed$5B+ in six months
Backersa16z, Arbor Ventures, COTU, Raed
Compounding moves
2022 · Founded before the market existed
2025 · $10M seed, Arbor Ventures led
2026 · $25M Series A, first a16z GCC deal
20x · Revenue growth in 2025
2025 · $10M seed, Arbor Ventures led
2026 · $25M Series A, first a16z GCC deal
20x · Revenue growth in 2025
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