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International Accounting Bulletin on MSN1d
UK’s FRC probes Deloitte and Azets over fintech Stenn audits
"UK’s FRC probes Deloitte and Azets over fintech Stenn audits" was originally created and published by International ...
The UK accountancy regulator has launched an investigation into Deloitte and Azets over their audits of Stenn, a fintech that collapsed into administration in December after its lenders began probing ...
Stenn Technologies is a global fintech group founded in 2015 that lent money to finance short-term gaps for e-commerce and international trade businesses. In 2022, Stenn said it was valued at $900 ...
HSBC, which provided Stenn with a revolving credit facility, became concerned that the company’s relationships with large customers in Taiwan and Japan may not have been legitimate, the people said.
Stenn currently has more than 300 employees across the world, with about 35 employees in Atlanta. The company is looking to hire about 30 more people in Atlanta over the next few years.
Stenn, an SME financing platform based in the UK, has raised $50 million in equity at a $900 million valuation, according to the company. Stenn was founded in 2015 by Greg Karpovsky, ...
Stenn has been around since 2015 and has since then financed some $6 billion in loans from 74 countries, with $1 billion of that loaned out in 2022 alone, with an approach that brings technology ...
LONDON, July 17, 2019 /PRNewswire/ -- Stenn, a leading provider of cross-border trade finance, closed a $200 million receivables securitisation programme with Natixis to expand its capital markets ...