Every week during the years before its collapse, Stenn sent granular emails to its Wall Street backers listing its biggest clients, line by line. Yet all was not as it seemed... www.bloomberg.com/news/features/2025-04-23/stenn-collapse-how-citigroup-bnp-paribas-missed-fintech-s-warning-signs
Wall Street Missed Warning Signs Ahead of $1 Billion Fintech Implosion
Big banks like Citigroup and Natixis thought they were backing a $1 billion fintech darling. But when Stenn blew up, most of its supposed partners said they had never worked with the company.
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