London-based workplace finance provider Stream has raised €76M ($90M) in a Series D funding round to further develop its employer-embedded financial services and support international expansion. The company, formerly known as Wagestream, delivers financial tools to employees through partnerships with employers.
The round was led by Sofina, with continued participation from existing investors. With the latest raise, Stream’s total funding now stands at €194M ($228M).
Scaling financial wellbeing through employers
Stream positions itself as a workplace finance platform designed to give employees greater control over their money. Delivered directly through employers, the app allows users to manage earnings, savings, spending, learning, and borrowing in one place.
The company originally launched with an earned wage access product, offering workers flexible access to earned pay for a flat fee as an alternative to high-cost payday lending. Since then, it has expanded into broader financial wellbeing services.
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Growing interest in workplace finance
The Series D comes amid sustained investor interest in employee financial wellbeing platforms. In 2025, several European companies in the sector raised both equity and non-dilutive financing to scale employer-based financial tools, reflecting demand beyond the UK market.
Stream has also previously used debt financing alongside venture capital to grow its offering, highlighting a broader trend toward diversified funding structures in the sector.
Product expansion and international growth
The new capital will be used to deepen the product suite, including expansion into pensions, and to support international growth. The company is placing particular emphasis on scaling its presence in the US, where it already serves one million employees.
The firm currently supports around four million users across 2,000 employer brands in the UK, Europe, and the US. Its customer base includes large employers such as New Balance, Hilton, and Dollar General.
Linking impact and commercial growth
Investors backing the round highlighted Stream’s combination of profitability and social impact, particularly its focus on reducing financial stress and the so-called poverty premium faced by many workers.
Stream says that by improving employees’ financial resilience, its platform also delivers benefits for employers, including higher productivity and lower workforce risk, positioning workplace finance as both a social and economic lever.
