What is Ternio?
Founded in 2017 and headquartered in Alpharetta, Georgia, Ternio operates a distinctive crypto debit card platform. This service empowers cardholders to utilize their cryptocurrency for purchases wherever major credit cards are accepted, effectively merging digital assets with traditional spending channels. The company's mission is to facilitate seamless transactions, making cryptocurrency a practical and accessible payment method for a global user base.
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 specializes in asset-based debt for small to middle-market private and public companies, indicating a focus on growth-stage financing.
Undisclosed Investors
Undisclosed Investors
What's next for Ternio?
The recent major strategic investment suggests Ternio is poised for significant scaling and market expansion. This capital infusion is likely to fuel further development of its platform, enhance user acquisition strategies, and potentially explore new partnerships within the fintech and blockchain ecosystems. Ternio's focus on real-world utility for cryptocurrency positions it to capitalize on the increasing mainstream adoption of digital assets, aiming to solidify its market presence and drive innovation in payment solutions.
See full Ternio company page
