UK Workplace Finance Platform Stream Raises €76M Series D Round

The round was led by Sofina, with continued support from existing investors, bringing total funding to €194 million ($228 million).

“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 CEO of Stream.

The past year has seen sustained investor interest in workplace finance and employee financial wellbeing platforms, setting the backdrop for Stream’s Series D.

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In June 2025 Madrid-based Payflow raised €10 million in equity funding to expand its earned wage access and financial wellbeing services across Europe and Latin America, reflecting growing demand for employer-embedded financial tools beyond the UK.

EU-Startups previously reported on Stream then known as Wagestream, securing a €352 million debt financing facility in May 2025 to scale fair financial services for employees, underscoring its use of non-dilutive capital alongside venture funding.

Combined, these developments indicate at least €362 million in disclosed funding and credit facilities flowing into Europe’s workplace finance sector in 2025.

“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,” adds Peter.

Founded in 2018, Stream serves four million users across 2,000 employer brands in the UK, Europe, and the US. Delivered through employers, the platform enables members to earn, learn, save, spend and borrow on their own terms within a single app. Stream initially launched with an earned wage access product, offering flexible access to earned pay for a flat fee and positioning itself as a fair alternative to high-cost payday lending.

Jean-François Burguet, Principal at Sofina, comments: “Stream has redefined how financial services can be delivered in the workplace with both profitability and purpose. 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.”

The funding will also fuel Stream’s international expansion, particularly in the US. The company already supports one million employees across major brands such as New Balance, Hilton and Dollar General, and plans to further scale through an expanded network of integration partners.

Dougie Sloan of Better Society Capital adds: “Stream exemplifies how placing impact considerations at the heart of product development can drive sustainable commercial value. Its focus on tackling the ‘poverty premium’ not only works to improve financial resilience, but also solve critical challenges for employers.

“Stream’s dedication to understanding and improving their products’ impact on users enables greater positive outcomes and propels their strong commercial growth, and we look forward to the impact this funding will support.”