Stream Raises $5.2M Seed Extension
Stream, a Saudi Arabia-based fintech company, has secured a $5.2 million seed extension, bringing its total seed funding to $9.2 million.
The funding round was led by BECO Capital, a venture capital firm focused on the Middle East and North Africa. Additional participants included STV, Flourish Ventures, and Arab Bank, alongside existing investors Outliers and BYLD.
Stream plans to use the new capital to accelerate product development, increase the speed of shipping new features, and advance the platform into its next phase of growth. The funds will support its mission to serve as a foundational layer for business financial stacks, enabling companies to scale without operational bottlenecks.
Founded in 2024 by Ibrahim Aldlaigan, Stream is a fintech company building modern billing and payments infrastructure for businesses across the Middle East and North Africa. Founded in 2024, the company provides a unified platform that combines billing, payment processing, subscription management, reconciliation, reporting, and compliance capabilities into a single system. Designed to help businesses manage complex revenue operations, Stream enables organizations to create flexible payment models, automate financial workflows, and improve operational efficiency. The platform serves companies across multiple industries, including education, software-as-a-service (SaaS), and service-led businesses,
Funding Details
Company Website: https://streampay.sa
Company: Stream
Raised: $5.2M
Round: Seed Extension
Funding Date: May 12, 2026
Lead Investor: BECO Capital
Additional Investors: STV, Flourish Ventures, Arab Bank, Outliers, BYLD
Software Category: Fintech