HSBC Innovation Bank Secures UK Court Application for Administration Flagging Fraud & Irregular Transactions on Fintech & Trade Finance Company Stenn Technologies Valued at $900 Million, Stenn Technologies 2 Companies Stenn International & Stenn Assets UK Placed under Administration on 4th December 2024, Founded in 2015 by Greg Karpovsky, Senior Lenders to Stenn Technologies Includes Citigroup, HSBC, Barclays, Natixis & Crayhill Capital Management, Reported $41.9 Million Revenue & $28.4 Million Losses in 2023

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle

2025 Summits in Hong Kong & Singapore
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.

---

HSBC Innovation Bank Secures UK Court Application for Administration Flagging Fraud & Irregular Transactions on Fintech & Trade Finance Company Stenn Technologies Valued at $900 Million, Stenn Technologies 2 Companies Stenn International & Stenn Assets UK Placed under Administration on 4th December 2024, Founded in 2015 by Greg Karpovsky, Senior Lenders to Stenn Technologies Includes Citigroup, HSBC, Barclays, Natixis & Crayhill Capital Management, Reported $41.9 Million Revenue & $28.4 Million Losses in 2023

12th December 2024 | Hong Kong

HSBC Innovation Bank has secured UK Court application for administration flagging fraud & irregular transactions on fintech & trade finance company Stenn Technologies valued at $900 million.  Stenn Technologies 2 companies Stenn International & Stenn Assets UK had been placed under administration on 4th December 2024.  Stenn Technologies was founded in 2015 by Greg Karpovsky.  Senior lenders to Stenn Technologies includes Citigroup, HSBC, Barclays, Natixis & Crayhill Capital Management.  In 2023, Stenn Technologies reported $41.9 million revenue & $28.4 million losses in 2023.  Notice – Jim Tucker, Kristina Kicks and Joshua Dwyer from Interpath were appointed Joint Administrators to Stenn Assets UK Limited and Stenn International Limited (the ‘Companies’) 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. Please note that the Joint Administrators will not be seeking to fulfil additional lending requests for the time being. Obligors should continue to fulfil their payment obligations in the usual way.

“ HSBC Innovation Bank Secures UK Court Application for Administration Flagging Fraud & Irregular Transactions on Fintech & Trade Finance Company Stenn Technologies Valued at $900 Million, Stenn Technologies 2 Companies Stenn International & Stenn Assets UK Placed under Administration on 4th December 2024, Founded in 2015 by Greg Karpovsky, Senior Lenders to Stenn Technologies Includes Citigroup, HSBC, Barclays, Natixis & Crayhill Capital Management, Reported $41.9 Million Revenue & $28.4 Million Losses in 2023 “

- Article continues below -

Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle

Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)

The 2025 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here

The 2025 Family Office Summit
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here

2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

HSBC Innovation Bank Secures UK Court Application for Administration Flagging Fraud & Irregular Transactions on Fintech & Trade Finance Company Stenn Technologies Valued at $900 Million, Stenn Technologies 2 Companies Stenn International & Stenn Assets UK Placed under Administration on 4th December 2024, Founded in 2015 by Greg Karpovsky, Senior Lenders to Stenn Technologies Includes Citigroup, HSBC, Barclays, Natixis & Crayhill Capital Management, Reported $41.9 Million Revenue & $28.4 Million Losses in 2023

Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

Quick Links

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle

2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register

For Individual - Select
MemberSubscribeInvestment EventsPrivate Wealth EventsFamily Office EventsFind ServicesFind Advisors / InvestmentsFind Clients / Raise Capital

For Corporate - Select
Corporate MemberSubscriptionEvents (Speakers / Delegates / Booths)WebinarsSponsorshipAdvertise / MediaList B2B ServicesList B2C ServicesE-Newsletter 2 pm Feature to 10K+ Subscribers

For Events - Select
Investment Day HK (July, Sept, Oct)Investment Day SG (July, Sept, Nov)Family Office Summit HK 16th OctFamily Office Summit SG 6th Nov

Your Name*

Company*

Job Title*

Email 1 (Work / Personal)*

Email 2 (Work / Personal)

Mobile

Country

Your Message

Please leave this field empty.
Please leave this field empty.

Web links may be disabled on mobile for security.
Please click on desktop.

---

New to Caproasia
Learn More | Sign Up | Subscribe | Register Events

Caproasia Users

• Manage $20 million to $3 billion of assets
• Invest $3 million to $300 million
• Advise institutions, billionaires, UHNWs & HNWs

Caproasia Platforms | 11,000 Investors & Advisors

• Caproasia.com
• Caproasia Access
• Caproasia Events
• The Financial Centre | Find Services
• Membership
• Family Office Circle
• Professional Investor Circle
• Investor Relations Network

Monthly Roundtable & Networking

• Professional Investor
• Family Office
• HNW Partnership

Family Office Programs

• Family Office Circle
• Family Office Networking
• Family Office Roundtable
• The Family Office Summit

The 2025 Investment Day

• March - Hong Kong
• March - Singapore
• July - Hong Kong
• July - Singapore
• Sept- Hong Kong
• Sept - Singapore
• Oct- Hong Kong
• Nov - Singapore
• Visit: The Investment Day | Register: Click here

Caproasia Summits

• The Institutional Investor Summit
• The Investment / Alternatives Summit
• The Private Wealth Summit
• The Family Office Summit
• The CEO & Entrepreneur Summit
• The Capital Markets Summit
• The ESG / Sustainable Investment Summit

Contact Us

For Enquiries, Membership
[email protected], [email protected]

For Listing, Subscription
[email protected], [email protected]

For Press Release, send to:
[email protected]

For Events & Webinars
[email protected]

For Media Kit, Advertising, Sponsorships, Partnerships
[email protected]

For Research, Data, Surveys, Reports
[email protected]

For General Enquiries
[email protected]

---

Caproasia | Driving the future of Asia
a financial information technology co.
since 2014

---