What is Ternio?
Founded in 2017 and headquartered in Alpharetta, Georgia, Ternio operates a sophisticated crypto debit card platform. This innovative service empowers cardholders to utilize their cryptocurrency for everyday purchases wherever major credit cards are accepted. Ternio's offering is designed to enhance the utility and accessibility of digital currencies in the global marketplace, positioning it as a key facilitator in the mainstream adoption of crypto payments.
How much funding has Ternio raised?
Ternio has raised a total of $11.1M across 2 funding rounds:
Series A
$10M
Other Financing Round
$1.1M
Series A (2018): $10M with participation from US Capital Global
Other Financing Round (2020): $1.1M led by Undisclosed
Key Investors in Ternio
US Capital Global
US Capital Global is a private investment bank that provides sophisticated debt, equity, and investment products. They focus on serving lower middle market companies and investors, utilizing advanced FinTech and RegTech innovations to deliver corporate finance, asset management, and wealth management services.
Undisclosed Investors
Undisclosed Investors
What's next for Ternio?
With a substantial enterprise-level funding context and a recent strategic investment, Ternio is poised for accelerated growth and platform expansion. The company's focus on enabling cryptocurrency transactions through a widely accepted debit card format suggests a strategic direction towards increasing transactional volume and user adoption. Future developments are likely to involve enhancing the platform's capabilities, expanding its merchant network, and potentially exploring new financial products that leverage blockchain technology to serve a broader customer base.
See full Ternio company page
