In a recent Financial Times article, Stenn President Kerstin Braun supports the Stenn trade finance model, which allows it to offer short-term funding to mid-sized firms underserved by banks.
In an industry crowded by bank regulations and capital limits, developing firms are burdened by their lack of access to trade finance. That’s why B2B fintechs – like Stenn International – have stepped in, providing opportunities to companies originally shunned by banks.
President Kerstin Braun explains how Stenn, “unencumbered by the regulation that has made banks less likely to service these customers,” can offer trade finance to these firms using its technology platform that is better equipped to judge risk.
Read full (paywall) article.