London-based Stream, a office finance supplier (previously Wagestream), at the moment introduced the shut of its €76 million ($90 million) Collection D funding spherical to speed up its mission of delivering monetary instruments to the on a regular basis employee by partnering with employers.
The most recent spherical is led by Sofina, with continued backing from current traders Ascension Ventures, Balderton, Northzone, Smash Capital, Native Globe Latitude, the British Enterprise Financial institution, and participation from Higher Society Capital – bringing the corporate’s complete funding to €194 million ($228 million).
“Stream has pioneered the office finance class within the UK, as one of many few platforms giving staff truthful monetary instruments to avoid wasting, finances and plan forward – all by means of their employer. For a lot of, that is the primary time they’ve felt genuinely in charge of their cash,” mentioned Peter Briffett, co-founder and CEO of Stream.
The previous yr confirmed continued investor exercise round office finance and worker monetary wellbeing platforms, offering related context for Stream’s Collection D.
In June 2025, Madrid-based Payflow raised €10 million in an fairness spherical to develop its earned wage entry and monetary wellbeing providing throughout Europe and Latin America, highlighting curiosity in employer-embedded monetary instruments past the UK.
EU-Startups has additionally beforehand reported on Stream (then Wagestream) itself, which secured a €352 million debt financing facility in Might 2025 to scale truthful monetary companies for workers, highlighting the corporate’s earlier use of non-dilutive capital alongside enterprise funding.
Taken collectively, these bulletins level to a minimum of €362 million in disclosed funding and credit score amenities flowing by means of the European office finance sector throughout 2025.
“This funding will enable us to deepen that affect by means of pensions and worldwide progress, serving to extra folks construct monetary safety. If we get this proper, the advantages prolong far past people – decreasing private debt, lowering danger of employment and boosting productiveness,” provides Peter.
Based in 2018, the Stream platform boasts 4 million customers by means of 2,000 manufacturers throughout the UK, Europe, and US. Provided by means of employers, the platform goals to assist members to earn, be taught, save, spend and borrow on their very own phrases, all by means of one app.
Stream first launched with an earned wage entry product, giving folks versatile entry to their earned wages for a flat payment, and difficult payday lenders that revenue from monetary misery by means of high-cost, unsustainable credit score.
Jean-François Burguet, Principal at Sofina, feedback: “Stream has redefined how monetary companies might be delivered within the office with each profitability and function. Its impact-led mannequin aligns with Sofina’s funding philosophy, and we’re delighted to guide this spherical as the corporate enters its subsequent section of progress – heralding a brand new period for employee-oriented office finance.”
Up to now, Stream says they’ve saved its members over €170 million ($200 million) on monetary companies merchandise they’d have needed to have paid a premium for elsewhere.
Following the acquisition of pensions expertise firm Zippen in July 2025, Stream started the roll-out of its first pensions product within the UK – Discover and Mix – to seize the estimated €35.7 billion (£31.1 billion) in unclaimed pensions property.
In 5 months, the corporate says they positioned virtually €9 million (£8 million) in misplaced pensions.
Dougie Sloan of Higher Society Capital provides: “Stream exemplifies how inserting affect issues on the coronary heart of product growth can drive sustainable industrial worth. Its give attention to tackling the ‘poverty premium’ not solely works to enhance monetary resilience, but additionally clear up vital challenges for employers.
“Stream’s dedication to understanding and enhancing their merchandise’ affect on customers allows larger constructive outcomes and propels their robust industrial progress, and we stay up for the affect this funding will help.”
The funding may also help Stream’s worldwide progress, particularly within the US. The US enterprise already helps a million staff throughout main manufacturers together with New Steadiness, Hilton and Greenback Normal – and plans to additional scale its community of integration companions.
George Mills, Funding Director at British Enterprise Financial institution, says: “Since our preliminary funding in early 2024, Stream has gone from energy to energy and expanded its monetary wellbeing providing to incorporate financial savings accounts and truthful mortgage merchandise. These new companies ought to assist the corporate each to speed up progress and to enhance the monetary wellbeing of the hundreds of thousands of staff that already use the platform.”
