London, 4th May 2023 - Stenn, a leading digital marketplace enabling growth for businesses engaged in international trade, e-commerce and digital services today announces the appointment of Hubert Larenaudie as President. It comes as the business looks to expand and scale its market offering of growth solutions. Hubert Laurenaudie will have responsibility for defining the company’s go-to-market strategy and building a sales and marketing function to execute it. He is charged with scaling the business as it embarks on its journey to becoming a global brand, a role in which he has significant experience.
Coming into Stenn, Hubert Larenaudie retains a number of key influential positions as a board member, mentor and investor to some high-profile companies in tech and finance, including Blackstone, Crypto.com, Mistplay, Homa Games and previously, Tencent. Over the past two decades, he has also held the positions of President and COO respectively at some of the biggest names in gaming, notably Take 2 Games, Electronic Arts, Activision Blizzard, Voodoo, and Unity where he helped take the business from start-up status to a successful NASDAQ IPO.
Stenn’s growth has accelerated rapidly since inception and the Company has financed more than $12 billion USD worth of invoices to date; a figure that led Stenn to be named in the prestigious FT1000 list as one of Europe’s fastest-growing businesses for a second consecutive year and the Financial Times’ Tech Champions list. This appointment follows what was a busy year for Stenn with a total of five senior hires in 2022, across Operations, People and Culture, and Product.
Greg Karpovsky, Founder and Chief Executive Officer at Stenn, said: “I am delighted to once again be working with my long-standing mentor, Hubert. He is a highly respected and successful strategist having led businesses to generate billions in revenue, built companies from scratch, scaled teams in emerging markets and brokered major M&A deals. We are thrilled that he joins us at such a critical inflection in our journey.”
Hubert Larenaudie, added: “I’m thrilled to be joining Stenn at such a key inflection point in their journey to becoming a global brand. I look forward to working with Greg and the wider team to leverage our success to date and scale the business to new heights, cementing our position as category leader for growth solutions.”
Emily Shea-Simonds / Christian Harte
Tel: +44 (0)792 0197 300 / +44 (0)203 128 8100
Stenn is one of the leading fintechs and digital solutions ecosystem in Europe and a category leader in digital trade finance for businesses tapped into the digital economy and engaged in international trade. Founded in 2015, Stenn’s purpose is to connect international trade businesses to the global financial system, helping to bridge a reported $3.6 trillion financing gap through a fast, simple, online platform. To date, Stenn has issued over $12 billion (USD) of finance, with capital provided by a number of blue-chip banks and institutional fund managers with a world-wide presence.
For more information, please visit www.stenn.com