Stitch raised $25 million in a Series A extension round to support its acquisition of ExiPay and expand its payments services.

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Stitch is a community which helps anyone over 50 find the companionship they need. Our grand vision is to help improve the lives of older adults in every country around the world and provide an answer to the social isolation and loneliness that everyone ultimately faces at some point in their lives, whether they’re seeking friendship, romance, or anything in between. What makes Stitch completely unique is that it’s a community, one that’s been built by members, for members. That means everything at Stitch is a result of the efforts of Stitch members, whether that’s local activities and events designed to bring people together, online discussions with other members around the world, group travel events, helping with member verification, even volunteering their time to help grow the community. Our members know what it’s like to need companionship, and ultimately everyone has a role to play in making life better for each other.