Stenn International Ltd.

Based in the UK, Stenn International Ltd. is a fintech company that provides digital trade finance solutions for international small and medium enterprises (SMEs), enhancing their cash flow through innovative financing options. Stenn International Ltd. specializes in trade finance, particularly for SMEs.

Founded in 2015, the company is headquartered in London, UK. The founder, Andrey Polevoy, has a background in finance and entrepreneurship. Stenn has completed 4 deals by February 2023, when it raised USD 200 mn in VENTURE DEBT from Crayhill Capital Management, bringing the total amount raised to USD 50 mn. Stenn Technologies offers digital trade finance solutions that cater specifically to international SMEs.

Their services include financing options designed to improve cash flow during trade transactions involving receivables and payables. By providing access to working capital, Stenn helps SMEs manage the financial gap between purchasing goods from suppliers and receiving payments from buyers. They address challenges such as delayed payments and liquidity issues, serving clients across over 70 countries in diverse sectors like retail, manufacturing, and technology, with a focus on North America, Europe, and Asia. In the most recent year, 2023, Stenn reported a revenue of USD 41.

94 mn and an EBITDA of USD -29. 76 mn, reflecting the company's financial performance driven by its trade finance and factoring services that facilitate transactions between buyers and suppliers. Following the USD 200 mn raised in VENTURE DEBT in February 2023, Stenn International Ltd. aims to enhance its growth by acquiring global short-term trade receivables and expanding its product offerings.

The funding will support these initiatives, allowing Stenn to strengthen its market position and potentially introduce new financial products to better serve SMEs in various international markets.