Leading Stream’s $4M Seed Round

Businesses in the region have digitized fast. Customer experiences are smoother, growth is real, and more companies are scaling than ever before. But beneath that momentum, parts of the core infrastructure haven’t kept up. Payments are still chased manually, billing is scattered across PDFs and WhatsApp, and reconciliation happens in spreadsheets, if at all. Getting paid reliably and on time remains one of the biggest operational bottlenecks in the region.

Stream is addressing that gap head-on.

Stream is building the billing and payments platform that helps businesses in MENA invoice, collect, and reconcile. The product is built for the realities of the market: branded, app-free invoices; flexible payment options (recurring, one-time, installments); and automated reconciliation and follow-ups. 

Starting with early childhood education and expanding into real estate and broader education, Stream solves for two of the region’s highest-friction verticals and largest recurring household spend categories. That wedge is intentional. These two are sectors where collecting payments are a monthly task on the customers and a daily operational burden on the collector.

The market opportunity is meaningful. Billions of SARs move through fragmented, invoice-based sectors like education and real estate. Stream’s 30%+ month-over-month growth with near-zero marketing is a clear signal of product pull and depth of the pain point.

We’ve been deeply impressed by Ibrahim’s speed, focus, and clarity of vision. He and the Stream team operate with a relentless product-driven mindset and the urgency we look for in the Outlier teams we back; building with excellence as their default, and consistently executing at the highest bar. Most importantly, they’re building with the precision and ambition required to lead and define their category.

We’re proud to lead Stream’s $4M seed round. The round marks a key milestone in the company’s mission to simplify how businesses in MENA bill, collect, and reconcile payments. In emerging ecosystems, infrastructure is a multiplier, and the companies that solve foundational coordination problems early tend to define the platforms that come next. Stream is one of those companies.