FinTech of the Day

Founder Ibrahim Aldlaigan – Innovative payments platform

Dmitry Prostov

21 Nov 2025 — 1 min read

Turning subscriptions into a growth engine for MENA.

Saudi‑based Stream automates the entire billing lifecycle from issuing branded payment links and invoices to reconciling cash in real time. Its platform processes millions of riyals every month for thousands of customers and is growing 40 % month‑on‑month.

Only 7 % of consumer transactions in Saudi Arabia are recurring.

Stream sees a massive opportunity in bringing local merchants online.

In November, the company raised a $4M seed round led by Outliers VC with BYLD and angel investors.

Founder Ibrahim Aldlaigan is building rails for MENA businesses that skip cards and go straight to digital bank transfers, giving CFOs clarity on cash flow and reconciliation.

With recurring revenue and unit economics in their favour, Stream could become the Stripe of subscriptions for the Middle East.

How big will the recurring payments market be in MENA by 2030?

Image Source: Techmoonshot Website

#fintechoftheday #MENA

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