Stream

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 Finance
• Advisor: Not mentioned
• Key Entities: Target: Stream (formerly Wagestream); Lead Investor: Sofina; Participating Investors: Ascension Ventures, Balderton, Northzone, Smash Capital, Local Globe Latitude, British Business Bank, Better Society Capital
• Location: 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.