Stenn Opens Atlanta Office

Staff Report From Georgia CEO

Friday, October 4th, 2024

Stenn, the leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, today announced the opening of its new United States headquarters in Atlanta. As a leading fintech hub in the U.S., opening an Atlanta office solidifies Stenn’s commitment to providing financial support to current and future small- and medium-sized businesses (SMB) in North America.

Stenn’s Atlanta office will be led by chief commercial officer, Noel Hillman, and will host approximately three dozen employees spanning across key growth functions, including sales, operations, marketing, and people & customer experience. Located in Colony Square, the office is at the heart of Midtown Atlanta, offering employees access to over 160,000 square feet of best-in-class retail, as well as a 20,000-square-foot food hall featuring local culinary talent.

"Georgia’s fintech ecosystem is a perfect fit for our growing U.S. presence. With 70% of all U.S. transactions running through firms located in the state, it was only fitting for Stenn to establish its U.S. footprint in Atlanta’s ‘Transaction Alley’," said Noel Hillman, Chief Commercial Officer at Stenn. "The grand opening of our first U.S. office further signals Stenn’s continued dedication to providing agile and tailored financing solutions not just to local clients and partners, but to businesses worldwide."

Continued demand for working capital has soared in global fintech markets, signaling specific business opportunities for Stenn among eCommerce owners and SMBs. According to preliminary results from an upcoming survey conducted by Stenn, nearly half (45%) of eCommerce business owners who have been in operation for 1-2 years do not have access to capital needed to scale their business. And while over 40% of SMBs expect to scale operations within 6-18 months, female eCommerce business owners reported needing more financial planning resources and business operations training.

Today’s announcement further adds to an already exciting year of global expansion for Stenn. In addition to Atlanta, the company has opened two additional office locations in China’s financial hubs, Shanghai and Shenzhen, as well as committed financial investment in a new technology and innovation hub in Barcelona. This growth has been celebrated on a global scale, with Stenn receiving prestigious recognitions by CNBC as one of the World’s Top 250 Global Fintech Companies of 2024, as well as one of Europe’s 1000 fastest growing companies by the Financial Times for the third consecutive year.

Fueled by continued expansion efforts, Stenn plans to invest in additional markets in 2025.

To learn more about how Stenn can support your trade financing and accelerate your business expansion, click here.