Stenn Accelerates Expansion in India to Meet Growing Financing Needs of SMEs

Stenn Accelerates Expansion in India to Meet Growing Financing
Needs of SMEs; Partners with FIEO to Strengthen Export
Competitiveness
On September 24, 2024 - Stenn, the fastest-growing online platform for financing small and medium-sized businesses engaged in international trade, announced its strategic expansion in India to address the growing financing needs of small and medium enterprises (SMEs). With over $20 billion worth of invoices financed globally, Stenn has already made significant inroads in supporting international trade, of this $147m has come from Indian suppliers over the last few years and has steadily increased year on year. Stenn anticipates substantial growth in the next 1 to 3 years as India continues its growth and Stenn sets in place new initiatives to support the ever-growing number of entrepreneurs in the region.
Here is a report.