Stitch

About Stitch

Stitch Financial provides automated on-demand payout financing for B2B marketplaces, allowing businesses to receive instant payments while offering flexible terms of 30, 60, or 90 days to their customers. This solution eliminates the need for pre-funding payouts, protecting working capital and enabling companies to monetize their transaction flows effectively.

```xml <problem> B2B marketplaces often face challenges in providing immediate payouts to sellers while simultaneously offering flexible payment terms to buyers. This discrepancy can strain working capital, limit growth opportunities, and create operational inefficiencies due to the need for pre-funding payouts. </problem> <solution> Stitch Financial provides an automated payout financing solution tailored for B2B marketplaces, enabling instant payments to sellers while extending net terms (30, 60, or 90 days) to buyers. This eliminates the need for marketplaces to pre-fund payouts, preserving their working capital and allowing them to monetize transaction flows effectively. The platform offers a streamlined process where buyers can be pre-qualified or apply directly for credit, unlocking immediate purchasing power. Marketplaces receive instant payment upon buyer approval, while Stitch Financial manages buyer invoicing, payment tracking, and settlement. </solution> <features> - Automated on-demand payout financing, customizable to specific marketplace needs. - Flexible net terms (30, 60, 90 days, or custom) for buyers, enhancing purchasing power. - Instant payments to sellers upon buyer approval, improving seller satisfaction and retention. - Credit check and term offer acceptance process for buyers. - White-labeling options for a consistent brand experience. - API and no-code integration options for seamless connectivity with existing payment stacks. - Dashboard for consolidated order activity monitoring, take rate analysis, and monetization tracking. - Support for various payment methods, including ACH, debit/credit cards, wire transfers, and pay-by-check. </features> <target_audience> The primary target audience includes B2B marketplaces seeking to optimize their payment processes, improve cash flow management, and offer flexible financing options to their buyers. </target_audience> ```

What does Stitch do?

Stitch Financial provides automated on-demand payout financing for B2B marketplaces, allowing businesses to receive instant payments while offering flexible terms of 30, 60, or 90 days to their customers. This solution eliminates the need for pre-funding payouts, protecting working capital and enabling companies to monetize their transaction flows effectively.

When was Stitch founded?

Stitch was founded in 2021.

How much funding has Stitch raised?

Stitch has raised 10000000.

Founded
2021
Funding
10000000
Employees
26 employees

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Stitch

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Executive Summary

Stitch Financial provides automated on-demand payout financing for B2B marketplaces, allowing businesses to receive instant payments while offering flexible terms of 30, 60, or 90 days to their customers. This solution eliminates the need for pre-funding payouts, protecting working capital and enabling companies to monetize their transaction flows effectively.

Funding

$

Estimated Funding

$10M+

Team (25+)

No team information available.

Company Description

Problem

B2B marketplaces often face challenges in providing immediate payouts to sellers while simultaneously offering flexible payment terms to buyers. This discrepancy can strain working capital, limit growth opportunities, and create operational inefficiencies due to the need for pre-funding payouts.

Solution

Stitch Financial provides an automated payout financing solution tailored for B2B marketplaces, enabling instant payments to sellers while extending net terms (30, 60, or 90 days) to buyers. This eliminates the need for marketplaces to pre-fund payouts, preserving their working capital and allowing them to monetize transaction flows effectively. The platform offers a streamlined process where buyers can be pre-qualified or apply directly for credit, unlocking immediate purchasing power. Marketplaces receive instant payment upon buyer approval, while Stitch Financial manages buyer invoicing, payment tracking, and settlement.

Features

Automated on-demand payout financing, customizable to specific marketplace needs.

Flexible net terms (30, 60, 90 days, or custom) for buyers, enhancing purchasing power.

Instant payments to sellers upon buyer approval, improving seller satisfaction and retention.

Credit check and term offer acceptance process for buyers.

White-labeling options for a consistent brand experience.

API and no-code integration options for seamless connectivity with existing payment stacks.

Dashboard for consolidated order activity monitoring, take rate analysis, and monetization tracking.

Support for various payment methods, including ACH, debit/credit cards, wire transfers, and pay-by-check.

Target Audience

The primary target audience includes B2B marketplaces seeking to optimize their payment processes, improve cash flow management, and offer flexible financing options to their buyers.

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