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 and across virtually any platform, device or currency.

Powered by Tern

Universal Transaction Compliance

Universal Transaction Compliance is a platform that offers banks and credit unions visibility into highly regulated businesses. Traditional banking systems were not designed to accommodate the arduous task of monitoring transactions according to FinCEN guidelines....


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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. For a small fee,...


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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. The entire solution can be branded for corporate clients or white labeled, empowering...


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Mission

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.

Mission

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

In the Media

AROUND THE WORLD

Mobile operators can add value with prepaid

Approximately 2 billion adults in developing countries have mobile phones but lack […]

Tern Commerce for Prepaid Cards

The Nilson Report Fearing fraud, some U.S. ecommerce sites will not accept […]

Secure, Brandable, Global Prepaid Platform

The Green Sheet New York-based Tern Commerce launched SPAN, a global remittance […]

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.

GET IN TOUCH

CONTACT US

ADDRESS

30 Vesey Street, 9th Floor, New York, NY 10007

PHONE

(212) 234-9741

EMAIL

info@ternitup.com

Copyright © 2019 Tern Commerce. All right reserved.