Stream, the workplace finance provider formerly known as Wagestream, has raised $90 million (拢67m) in a Series D funding round as it looks to expand its offering and partner with more employers globally.聽
The raise brings the company鈥檚 total funding to 拢170m and will support the London FinTech鈥檚 push to provide workers with tools such as saving, budgeting and access to affordable credit through their workplace.
The round was led by Sofina, with continued backing from existing investors including Ascension Ventures, Balderton, Northzone, Smash Capital, LocalGlobe, Latitude, the British 老九品茶 Bank and participation from Better Society Capital.聽
The company now has more than 75 investors, spanning major financial institutions and social impact firms, and supports over 2,000 brands and 4m workers across the UK, Europe and the US.
Funding will also support continued product expansion, including pensions, following Stream鈥檚 acquisition of pensions technology company Zippen in July 2025.聽
The business has since begun rolling out its first pensions product in the UK, Find and Combine, designed to help locate and consolidate lost pension pots, with the firm pointing to an estimated 拢31.1 billion in unclaimed pension assets.聽
It has already located almost 拢8m in lost pensions within five months and plans to build a broader pensions and long-term savings offering.
Stream launched in 2018 with an earned wage access product, offering employees flexible access to wages they have already earned for a low flat fee, positioning itself as an alternative to high-cost payday lending.聽
Since then, it has grown into a wider workplace finance platform, offering services that help workers manage money day-to-day and plan longer term.聽
It is said to have saved members more than $200m on financial services costs they would otherwise have paid elsewhere.
A further focus for the new capital will be the firm鈥檚 international growth, particularly in the US, where it said its platform already supports around 1m employees, including workers at brands such as New Balance, Hilton and Dollar General.聽
The company also plans to continue scaling its network of integration partners to broaden employer adoption.
鈥淪tream 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,鈥� said Peter Briffett, co-founder and CEO of Stream.聽
鈥淔or many, this is the first time they鈥檝e felt genuinely in control of their money.
鈥淭his investment will allow us to deepen that impact through pensions and international growth, helping more people build financial security.聽
鈥淚f we get this right, the benefits extend far beyond individuals – lowering personal debt, reducing risk of employment and boosting productivity.鈥�
Jean-Fran莽ois Burguet, principal at Sofina, added: 鈥淪tream has redefined how financial services can be delivered in the workplace with both profitability and purpose.聽
鈥淚ts impact-led model aligns with Sofina鈥檚 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.鈥�