UK-based Stenn Technologies is an international trade provider with a focus on servicing trade between Asia and developed markets. It provides fast, innovative financing options to fill in the funding gaps that can often arise in international supply chains, in turn, solving the working capital needs of suppliers, intermediaries, and buyers.
To date, the company's platform, which uses big data and tailored algorithms to analyse credit, fraud and compliance risks, has financed over $1B in transactions for SMEs across more than 70 countries.
Stenn has raised funding from Crayhill Capital Management LP, an established alternative asset management firm, and is utilising the capital gained to expand its capacity and help global suppliers to access and service buyers of their products. This will help push the company towards its goal of becoming the first choice in funding among SME exporters in Asia who wish to serve the global market.
Kirsty
Company Specialist at Welcome to the Jungle