Stenn banks $50M on a $900M valuation for a platform to finance SMBs that trade internationally
TechCrunch
APRIL 11, 2022
And yet, “the main source [of funding] for them right now is the traditional banking system. Banks in developed countries are focused on supply chain finance for large countries and banking systems in developing markets are still underdeveloped. trillion and will grow to $6.1 trillion in the next four years,” he said.
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