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Tern

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Banking-as-a-Service platform offering flexible financial tools and services.

Overview

Tern operates as a Banking-as-a-Service platform, offering a range of financial tools aimed at increasing access to fintech services. The platform includes products such as virtual and physical prepaid cards, fund management, and verification services for both individuals and businesses. Tern targets startups, small to medium enterprises, and financial institutions that are looking to improve their banking capabilities. The platform features low code/no code solutions and customizable interfaces, while also ensuring compliance with industry regulations. Tern aims to address challenges related to financial management and accessibility. Additionally, the platform includes financial reporting tools that assist users in maintaining organized ledgers and understanding their spending.

Key facts

Founded
2015

Business model

Contact

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About Tern

What does Tern do?

Tern operates as a Banking-as-a-Service platform, offering a range of financial tools aimed at increasing access to fintech services.

Where is Tern headquartered?

Tern is headquartered in New York City, United States.

When was Tern founded?

Tern was founded in 2015.

Which sector is Tern in?

Tern operates in Banking Technology, part of Financial Technology.

Who are Tern's competitors?

Companies similar to Tern include FinHost, BancaNEO, and Neofie.