Jim Tucker, Kristina Kicks and Joshua Dwyer from Interpath were appointed joint administrators to Stenn Assets UK Limited and Stenn International Limited on 4 December 2024, following an order made by the High Court of Justice in London.
The Companies are part of Stenn Technologies, the London-headquartered global fintech group and digital trade finance provider to international SMEs. The group employs over 200 people globally and since 2016 has deployed more than $10bn in capital to customers in over 70 countries.
The Joint Administrators’ immediate focus is to engage with the Companies’ employees, customers (and their debtors), suppliers and key stakeholders in order to stabilise the Companies’ operations and take all necessary steps to preserve value. Debtors should continue to fulfil their payment obligations in the usual way.
Further information including an initial list of frequently asked questions (“FAQs”) is provided for your information.