Trade Finance Fintech Stenn Extends and Upsizes Core Finance Programme to $500 Million With New Major Investors

The latest investment round is the second in less than a month for Stenn. The company closed a new $200 million programme on May 11 from Crayhill, a New York-based private credit manager and asset-based lender, in order to expand its digital trade finance services and further support companies in boosting their international trade flows.

With this added capacity, Stenn is positioned to offer greater numbers of businesses access to fast and flexible cross-border trade finance at a time when working capital is critically scarce.

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