Citi chooses Stenn in long deal to finance deep-tier suppliers
25 Mar
,
2022
Stenn is delighted to announce a collaboration with Citi, the world-leading investment bank. Citi joins HSBC, Barclays, M&G Investments, Natixis, Allstate and other institutions who use Stenn technology to provide capital to SMEs involved in global trade.
Our joint offering will cover onboarding, compliance, risk management and accessible financing for a universe of deep-tier suppliers.
This news comes during a busy time for the Stenn team. In the past month alone we were named as the U.K's eighth fastest growing fintech and hit a $6 billion (USD) milestone on our journey to become the world's leading financing platform for SMEs engaged in international trade.
As always, we remain focused on helping those SMEs to solve their critical cash flow issues and boost their growth. Our technology offers SMEs a fast, flexible and low-cost trade finance solution, and this latest collaboration with Citi will bring that technology to a wider audience.
To find out more information on our work with Citi, please read the press release.
Team Stenn
About Stenn
Since 2016, Stenn has powered over $20 billion in financed assets, supported by trusted partners, including Citi Bank, Goldman Sachs, HSBC, and Natixis. Our team of experts specializes in generating agile, tailored financing solutions that help you do business on your terms.
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