Stream - About the company
Stream is a seed company based in Riyadh (Saudi Arabia), founded in 2024 by Ibrahim Aldlaigan. It operates as a Developer of platforms for automated invoice billing and payment collection. Stream has raised $9.2M in funding from BECO Capital and Outliers Venture Capital. The company has 137 active competitors, including 22 funded and 13 that have exited. Its top competitors include companies like GoCardless, TrueLayer and Mollie.
Company Details
Developer of platforms for automated invoice billing and payment collection. This system facilitates recurring subscriptions, installment plans, and digital payment links for business entities. The software automates payment reminders and reconciliations while integrating with accounting systems. It enables organizations to generate branded invoices and manage financial transactions through a centralized digital interface.
- Website
- streampay.sa
- Email ID
- *****@streampay.sa
Key Metrics
Founded Year
2024
Location
Riyadh, Saudi Arabia
Stage
Seed
Total Funding
$9.2M in 2 rounds
Latest Funding Round
Investors
Ranked
23rd among 137 active competitors
Employee Count
22 as on Jun 30, 2026
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Stream's funding and investors
Stream has raised a total funding of $9.2M over 2 rounds. Its first funding round was on Nov 03, 2025. Its latest funding round was a Seed round on May 12, 2026 for $*****. 6 investors participated in its latest round. Stream has 6 institutional investors.
Here is the list of recent funding rounds of Stream:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 12, 2026 | 2894624 | Seed | 8215193 | 4841742 | 8420912 | 9267344 |
Nov 03, 2025 | 1287448 | Seed | 4831212 | 3415832 |
View details of Stream's funding rounds and investors
Stream's founders and board of directors
Founder? Claim ProfileThe founders of Stream is Ibrahim Aldlaigan. Ibrahim Aldlaigan is the CEO of Stream.
Here are the details of Stream's key team members:
- Ibrahim Aldlaigan: Founder & CEO of Stream.
View details of Stream's Founder profiles and Board Members
Stream's employee count trend
Stream has 22 employees as of Jun 26. Here is Stream's employee count trend over the years:
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Stream's Competitors and alternates
Top competitors of Stream include GoCardless, TrueLayer and Mollie. Here is the list of Top 10 competitors of Stream, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GoCardless 2011, London (United Kingdom), Acquired | Provider of automated bank payment collection and recurring billing services | $540M | 80/100 | |
2nd | TrueLayer 2016, London (United Kingdom), Series E | Open banking platform enabling secure bank-to-bank payments and payouts | $322M | 78/100 | |
3rd | Mollie 2004, Amsterdam (Netherlands), Series C | Provider of online and in-person payment processing solutions for businesses | $940M | 75/100 | |
4th | Recurly 2009, San Francisco (United States), Series C | Provider of subscription management and recurring billing automation platform | $39.2M | 73/100 | |
5th | Paddle 2012, London (United Kingdom), Series D | Provider of merchant of record services for digital product businesses | $293M | 66/100 | |
6th | Provider of cross-border payment solutions facilitating international commerce for businesses | $17M | 62/100 | ||
7th | Cleeng 2011, Amsterdam (Netherlands), Series B | Provider of subscriber management system | $7.55M | 58/100 | |
8th | Automated payment collection solution | - | 58/100 | ||
9th | Provider of payment gateway solutions, invoice payments, and subscription management | $6.7M | 55/100 | ||
10th | acquired.com 2016, London (United Kingdom), Series A | Provider of payment solutions for optimising online and recurring commerce | $5.22M | 55/100 | |
23rd | Stream 2024, Riyadh (Saudi Arabia), Seed | Developer of platforms for automated invoice billing and payment collection | $9.2M | 39/100 |
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Stream's Investments and acquisitions
Stream has made no investments or acquisitions yet.
Reports related to Stream
Here is the latest report on Stream's sector:
News related to Stream
Media has covered Stream for a total of 3 events in the last 1 year.
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Stream Secures $4M to Revolutionize Business Payments in MENA, Led by Outliers VCTech Labari•Nov 03, 2025•Outlier Ventures, TechCrunch+, Careem, Stream and 3 others
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