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Healthcare & Biotech

Stream

03557749 First deal Jan 2024
3
Deals
£134M
Total Capital Raised/Funded

Deal History

VC Funding Series C 20 Jan 2026

Investor: Sofina

London-based flexible wage fintech and workplace finance platform Stream has successfully closed a Series D funding round, securing £66.8 million (approximately $90 million USD) with Sofina as the lead investor. This substantial investment aims to accelerate Stream's international growth and expand its financial services offerings, including pensions.Summary of transaction details:Value: £66.8 million (approximately $90 million USD)Sector: Fintech, Workplace FinanceAdvisor: Not mentionedKey Entities: Target: Stream (formerly Wagestream); Lead Investor: Sofina; Participating Investors: Ascension Ventures, Balderton, Northzone, Smash Capital, Local Globe Latitude, British Business Bank, Better Society CapitalLocation: London, UK (Target Company Headquarters)Note: This funding round underscores investor confidence in Stream's pioneering impact-led model, which provides fair financial tools to employees, lowering personal debt and boosting productivity. The capital infusion will enable Stream to scale its operations globally and enhance its comprehensive financial platform, including its newly expanded pension services, following its acquisition of Zippen in 2025.

£67M
VC Funding Series D 20 Jan 2025

Investor: Sofina

Stream, a leading workplace finance provider, has announced the close of its $90 million (£66.99 million) Series D funding round, led by Sofina. Summary of transaction details: Value: $90 million (£66.99 million) Sector: Fintech Advisor: Not disclosed Key Entities: Stream, Sofina Location: London, UK and New York, US Note: This funding round will enable Stream to accelerate its mission of delivering fair financial tools to the workplace, demonstrating the growing demand for innovative financial solutions in the workplace.

£0M
VC Funding Series C 23 Jan 2024

Investor: Sofina

Stream, an innovative employee fintech platform, has successfully secured £67 million in a Series D funding round from a consortium of investors, including Sofina.Summary of transaction details:Value: £67 million GBPSector: Fintech / Employee Financial WellnessAdvisor: Not disclosedKey Entities: Stream (Target), Sofina, Ascension Ventures, Balderton, Northzone, Smash Capital, Local Globe Latitude, British Business Bank, Better Society Capital (Investors)Location: London, UK (Target HQ)Note: This significant funding round highlights continued strong investor appetite for technology solutions enhancing employee financial wellbeing, with Stream's platform offering crucial budgeting tools and access to affordable credit to partner employers.

£67M

Funding Timeline

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Company Number
03557749

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