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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.
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
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
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Stream's founders and board of directors

Founder? Claim Profile
The founders of Stream is Ibrahim Aldlaigan. Ibrahim Aldlaigan is the CEO of Stream.
Here are the details of Stream's key team members:

Stream's employee count trend

Stream has 22 employees as of Jun 26. Here is Stream's employee count trend over the years:
Employee count trend for Stream
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GoCardless
GoCardless
2011, London (United Kingdom), Acquired
Provider of automated bank payment collection and recurring billing services
$540M
80/100
2nd
Logo for TrueLayer
TrueLayer
2016, London (United Kingdom), Series E
Open banking platform enabling secure bank-to-bank payments and payouts
$322M
78/100
3rd
Logo for Mollie
Mollie
2004, Amsterdam (Netherlands), Series C
Provider of online and in-person payment processing solutions for businesses
$940M
75/100
4th
Logo for Recurly
Recurly
2009, San Francisco (United States), Series C
Provider of subscription management and recurring billing automation platform
$39.2M
73/100
5th
Logo for Paddle
Paddle
2012, London (United Kingdom), Series D
Provider of merchant of record services for digital product businesses
$293M
66/100
6th
Logo for PayGlocal
PayGlocal
2021, Bengaluru (India), Series B
Provider of cross-border payment solutions facilitating international commerce for businesses
$17M
62/100
7th
Logo for Cleeng
Cleeng
2011, Amsterdam (Netherlands), Series B
Provider of subscriber management system
$7.55M
58/100
8th
Logo for Curlec
Curlec
2018, Kuala Lumpur (Malaysia), Acquired
Automated payment collection solution
-
58/100
9th
Logo for CCAvenue
CCAvenue
2001, Gandhinagar (India), Series A
Provider of payment gateway solutions, invoice payments, and subscription management
$6.7M
55/100
10th
Logo for acquired.com
acquired.com
2016, London (United Kingdom), Series A
Provider of payment solutions for optimising online and recurring commerce
$5.22M
55/100
23rd
Logo for Stream
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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FAQs about Stream

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