Stenn inaugurates its first technology center outside the UK in Barcelona • Contxto

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Since its founding in 2015, Stenn has provided €18 billion in financing, primarily to SMEs, by financing outstanding invoices to fill financing gaps in domestic and international supply chains.

Stenn, which operates in 74 countries, is positioned as one of the UK’s leading companies on track to reach a $1 billion valuation, and become a “soonicorn.”

The opening of the Barcelona center is in line with Stenn’s strategy to capitalize on Catalonia’s ability to attract global talent, its high-quality business infrastructure and the forward-thinking mindset of its people and management.

Stenn’s commitment to expand its initial team of engineers, designers and digital security experts in Barcelona is supported by Catalan government agency ACCIÓ. This expansion adds to the 936 British companies already operating in Catalonia, highlighting the importance of the UK’s presence in the Catalan technology sector, which represents 13% of all international technology companies in the region.

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Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

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