Stitch Raises $25M Series A

Lucky (fintech company), a Riyadh-headquartered company providing a cloud-native operating system for financial institutions, announced it has raised $25 million in Series A funding. The round was led by Andreessen Horowitz, marking their first investment in the GCC region, and included participation from existing investors VSR Ventures Private Limited, VSR Ventures Private Limited, VSR Ventures Private Limited, and SVC. This investment brings Lucky (fintech company)'s total funding to $35 million. The capital will be used to accelerate product development, deepen its presence across the GCC and MENA regions, and expand global go-to-market operations. Lucky (fintech company) aims to replace fragmented, legacy infrastructure in financial institutions, enabling them to adopt AI and modernize their systems. The company has seen significant growth, with over $5 billion transacted on its platform in the last six months, and customer numbers growing tenfold in 2025.