About Us

Tern is about ease of use and bringing new life into legacy systems and ideas.

Tern provides intuitive, modern tools to enable the next generation to store and transmit value securely across virtually any platform, device or currency.

Mission

The ability to securely store value for people and businesses has been the cornerstone of banking since 2000 BC. A lot has changed since the Assyrian times, but the core foundation of a regulated institution with the ability to accept, store, and transfer value to trusted parties has stayed constant.

Tern's Mission is to launch best-in-class payment and banking solutions. Our drive is to simplify compliance and regulatory issues in launching stored value and prepaid products.

Brand

The Arctic Tern has the longest migration cycle of any animal on the planet, is the most distributed species, and travels for up to three years at a time without nesting. The Tern is an icon for our changing world; from land lines to mobile and local to global.

OUR JOURNEY

Timeline

2008

US Unlocked Founded as Global Shipping & Virtual Card Issuer

2015

US Unlocked Acquired by Tern

2016

Tern Modernizes the US Unlocked Technology and Launches The Tern Platform

2018

The Tern Platform Continues to Grow; Integrating Multiple Banks, Issuers, and Processors

2019

Tern Develops a Marketplace for 3rd Party Services

Powered by Tern

Universal Transaction Compliance

Tern created UTC to streamline the administration of MRB and related businesses and provides bank owners and boards regulatory assurances.

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US Unlocked

US Unlocked is a digital cross-border prepaid card issues to non-US citizens to purchase goods at US online merchants. US Unlocked has issued over 150K cards globally in over 10 countries.

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MassPayout

MassPayout was developed by Tern as a modern payout solution leveraging the latest tech including Real Time Payments and Push to Card.

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In the Media

AROUND THE WORLD

Our Team

Behind the Scenes

Tern is lead by a group of global payments, prepaid, cross-border, and FinTech industry leaders.

Brion Bonkowski

I'm CEO

Corey Glaze

I'm Chief Product Officer

Linda Hemerik

I'm COO

Joost van Schijndel

I'm CFO

Zachary Smith

I'm Technology Advisor

Our Partners

With Us

We are a partner driven company. The Tern Platform serves as a hub to a growing list of strategic partners covering payments, banking, shipping, technology, and identity verification.