Stenn Technologies
12th floor, The Bower, 207-211 Old Street, London, EC1V 9NR, United Kingdom
Overview
Stenn operates a data-driven platform that underwrites and arranges loans for businesses operating in international supply chains, using invoice data plus an algorithm that considers roughly 1,000 factors. The company matches borrowers with a network of banks, family offices and other large lenders to provide capital, with loans up to $10 million and typical loans in the $500k–$1M range. It claims a turnaround of no more than 48 hours between application and approval. Since founding in 2015, Stenn has financed about $6 billion in loans across 74 countries, including $1 billion in 2022 alone. The firm emphasizes strict KYC/AML processes and has a policy against taking financing with Russian ties. Stenn plans to use new capital to expand the business after a period of accelerated growth.
- Total raised
- $50M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Apr 2022
Industries
- Finance
- Marketplace
- Trading Platform
Recent funding
Equity
Apr 2022
$50M