Receivables Finance provider Stenn has hired Tim Shell from Kyriba, where he was Working Capital Solution Structuring Director, to head up a new enterprise sales team.
Shell is one of nine new hires at Stenn, which is scaling up under new president Hubert Larenaudie, who is tasked with defining the company’s go-to-market strategy and developing the sales and marketing function.
The new enterprise sales team features Shell as Director of Enterprise Sales, alongside Redi Gjomema and Jess Cheng as Enterprise Sales Managers. There are also specialist teams for Partnerships, led by existing Stenn VP Peter de Souza, and SMEs, led by Milan Petrovic, who joins from Kriya, formerly known as MarketFinance.
The latest hires bring the total of new employees at Stenn to 33 in 2023 and come year after Stenn completed a $50m (£38.4m) equity funding round from a single investor, the US firm Centerbridge. The Series A round gave the fintech a valuation of $900m (£691m).
© Adaugeo Media Ltd