Fern provides APIs that enable developers to embed seamless currency conversion features into their products. Their platform allows businesses and individuals to manage their finances on-chain, serving as a decentralized bank account replacement.
Funding
Funding not disclosed
Founders
Product
Problem
Moving money globally across fiat, stablecoins, and cryptocurrencies involves navigating complex regulatory landscapes, integrating multiple low-level providers, and managing varying transaction limits and fees. Existing solutions often lack developer-friendly APIs and impose hidden regulatory obligations, increasing operational overhead for businesses.
Solution
Fern provides a unified API and on-chain business banking platform that simplifies global money movement across fiat and crypto. The platform offers tools for onramping, offramping, and converting between 50+ fiat currencies, stablecoins, and cryptocurrencies across 10+ chains. Fern handles global compliance, customer onboarding (KYC/KYB), and transaction monitoring, allowing businesses to focus on their core product. The platform also provides multi-chain smart contract wallets with gas sponsorship and automated transfer rules.
Target Audience
Fern targets developers and businesses, including web3 startups and global teams, that require seamless and compliant solutions for managing finances across fiat and cryptocurrencies.
Features
- Global multiplex APIs for orchestrating money movement across currencies and regions
- Support for any currency to any currency conversions (fiat/crypto)
- Multi-chain smart contract wallets with gas sponsorship
- Automated transfer rules and yield on funds at rest
- Multi-currency accounts enabling fiat acceptance in 15+ currencies
- Customizable KYC and KYB forms for global onboarding
- Real-time transaction monitoring and reporting
- Integration with licensed and regulated liquidity and bank partners
- Automated bridging across supported networks