Today we reached another milestone in our growth journey, hitting $6 billion (USD) worth of invoices financed through our platform to date.
Since we were founded seven years ago, our focus has remained on supporting SMEs across the world. Acting as a trusted partner, we’ve helped businesses of all shapes and sizes across more than 70 geographies solve their cash flow issues, enabling their growth. We believe our fast, flexible and tailored approach will see us continue to be the world’s leading financing platform for SMEs engaged in international trade.
We’ve had quite a month, and this news comes shortly after we were included in the prestigious FT1000 list as one of Europe’s fastest growing businesses.
The $6 billion (USD) milestone is testament to the hard work of all the team at Stenn, and the continued support from our partners and customers. Despite this progress, there is still a $3.6 trillion (USD) financing gap globally to be bridged for SMEs, and the financial system remains difficult to navigate for many SMEs wanting to grow and trade internationally.
We want to be the team that helps close that gap, and we’re always looking for smart, driven people who care about the same causes we do.
Finally, a huge thank you to everyone who’s been involved in our journey so far. We’ve been busy over the past few months working on some exciting projects which we’re excited to share with you all shortly.
Stenn is the largest and fastest-growing online platform for financing small and medium-size businesses engaged in international trade. Stenn is based in London, provides financing services in 74 countries and is backed by financial giants like HSBC, Barclays, Natixis and many others. For 2022 we are ranked in the Financial Times’ list of 1000 Europe’s Fastest Growing Companies.