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.

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.

Source: TechMeme
Source Link: http://www.techmeme.com/250424/p8#a250424p8