# Tern

Tern is an Asset Manager based in Atlanta, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Atlanta, United States
- **Region:** Europe
- **Address:** Atlanta Tech Village, 3423 Piedmont Rd NE, Atlanta, GA 30305
- **Assets under management:** Undisclosed
- **Website:** ternitup.com
- **LinkedIn:** https://www.linkedin.com/company/tern

## Regulatory record

- **Reports private funds:** No

## About

At Tern, we believe that every human being has the right to clean and sustainable water. We are creating sustainable home automation products to transform your home from being a water consumer to a water producer through the installation of modular products. #itsyourtern.

## Sectors

- FinTech
- Infrastructure

## Questions

### What does Tern actually build for its clients?

Tern provides the back-end infrastructure for businesses to issue virtual and physical prepaid cards, move money across borders via bank transfers and instant payouts, and manage ongoing compliance. The platform combines program management — from launch through day-to-day operations — with integrated KYC and business verification, so a client does not have to stitch together separate banking, issuing, and compliance vendors.

### Does Tern itself operate as a bank or a card network?

No. Tern is not a chartered bank and does not hold a card network license. It sits between end-clients and the underlying banking and network rails, providing the software orchestration layer that handles compliance, ledgering, and connectivity — allowing clients to launch programs without individually negotiating with sponsor banks or processors.

### Why is Tern headquartered in Atlanta rather than a traditional fintech hub?

Tern operates out of Atlanta Tech Village, one of the largest technology hubs in the Southeast, which provides access to payments talent and lower operating costs than San Francisco or New York. Atlanta has a deep legacy in financial transaction processing — firms like Global Payments, NCR, and First Data have long maintained major operations there — creating a local labor pool experienced in payments infrastructure.

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- [Ontop](https://altss.com/profile/ontop)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/tern

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