Stenn Recognized in CNBC's Top 250 World’s Top Fintech Companies

London, UK – [10.07.2024] – Stenn, leading innovator in global trade finance, is proud to announce its inclusion in CNBC’s prestigious list of the World’s Top 250 Global Fintech Companies of 2024. This recognition underscores Stenn’s commitment to providing agile and tailored financing solutions to businesses worldwide.

Since its inception in 2016, Stenn has financed over $20 billion to 800+ businesses globally. This achievement is supported by trusted partnerships with renowned financial institutions, including CitiBank, Goldman Sachs, HSBC, and Natixis. Stenn's team of experts specializes in generating flexible financing solutions that empower businesses to operate on their own terms.

As demand for working capital has soared, Stenn has expanded rapidly with a new sales and marketing hub in the USA and a dedicated technology and engineering space in Barcelona, while it has also onboarded 136 new employees in the last twelve months. As it fast approaches the 1000 customer milestone, Stenn has seen revenues jump 42% in 2023, coinciding with an 80% increase in profit-before-tax. 

"We are honored to be recognized by CNBC as one of the top fintech companies globally," said Greg Karpowski, CEO of Stenn. "This accolade is a testament to our team’s dedication and our innovative approach to trade and revenue-based finance, which has enabled us to support hundreds of businesses across the globe."

The CNBC list, developed in partnership with independent research firm Statista, provides a transparent overview of the top-performing fintech companies worldwide. Statista analyzed over 1,500 firms across nine distinct market segments, evaluating each based on key performance indicators such as revenue, user numbers, and total funding raised. The categories include: Alternate Financing. Alternate Lending, Neobanking, Digital Payments, Digital Assets, Digital Financial Planning.

About Stenn:

Stenn is at the forefront of global trade finance, providing businesses with the financial tools they need to thrive in today’s dynamic market environment. With a robust network of trusted partners and a team of industry experts, Stenn delivers customized financing solutions that cater to the unique needs of businesses around the world. 

About CNBC’s Top 250 Global Fintech Companies List:

CNBC, in collaboration with Statista, has curated a comprehensive list of the top 250 global fintech companies. This list is the result of meticulous research and analysis of over 1,500 firms across various market segments. The evaluation criteria include revenue, user numbers, and total funding raised, offering a transparent and reliable overview of the leading fintech companies worldwide. For more information, visit CNBC.