Will's Blog: A look at the collapse of Stenn, an invoice financing startup that got major banks to unwittingly fund millions in suspect payments and was last valued at $900M (Bloomberg)

24 April 2025

A look at the collapse of Stenn, an invoice financing startup that got major banks to unwittingly fund millions in suspect payments and was last valued at $900M (Bloomberg)

Bloomberg:
A look at the collapse of Stenn, an invoice financing startup that got major banks to unwittingly fund millions in suspect payments and was last valued at $900M — Big banks like Citigroup and Natixis thought they were backing a $1 billion fintech darling.

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