02 Oct 2025 | 3 Mins Read

First Brands’ Financial Struggles Spark Trade Finance Worries

Flipitmoney

First Brands Group filed for bankruptcy, with over $10 billion in outstanding liabilities. Raistone, a company facilitating short-term financing for businesses, is linked to the collapse. Raistone has a working familiarity with past trade finance problems, including the 2021 collapse of Greensill Capital and the 2022 collapse of Stenn Technologies.