London-based flexible wage fintech and workplace finance platform Stream has closed a $90m (£66.8m) Series D funding round.
Founded in 2018 as Wagestream, the company launched to give employees early access to earned wages as a response to the often predatory pay day loan operators.
Since then, the firm has grown into a broader financial platform that partners with employers to offer staff budgeting and planning tools as well as access to affordable credit.
Stream has also recently started offering pension services, following its acquisition of Zippen in 2025.
“Stream has pioneered the workplace finance category in the UK, as one of the few platforms giving workers fair financial tools to save, budget and plan ahead – all through their employer. For many, this is the first time they’ve felt genuinely in control of their money”, said Peter Briffett, co-founder and chief executive of Stream.
Now backed with a considerable new injection of funding, the company aims to accelerate international growth, with the US being a key target.
“This investment will allow us to deepen that impact through pensions and international growth, helping more people build financial security. If we get this right, the benefits extend far beyond individuals – lowering personal debt, reducing risk of employment and boosting productivity,” Briffett added.
The investment was led by Sofina with backing from existing investors Ascension Ventures, Balderton, Northzone, Smash Capital, Local Globe Latitude the British Business Bank, and participation from Better Society Capital.
“Stream has redefined how financial services can be delivered in the workplace with both profitability and purpose,” said Jean-François Burguet, principal at Sofina.
“Its impact-led model aligns with Sofina’s investment philosophy, and we are delighted to lead this round as the company enters its next phase of growth – heralding a new era for employee-oriented workplace finance.”
