Fern
Infrastructure
B2B Payments
Banking Without Boundaries: Where Crypto Meets Fiat Seamlessly
Founders
Danny Sheridan (Co-Founder & CEO)
Deep Singhvi (Co-Founder)
Launch Date
2022
Key Investors
About
Fern is a comprehensive onchain banking solution that seamlessly bridges crypto and fiat worlds, offering easy onramping, offramping, and payments across multiple blockchains. With support for 15,000+ cryptocurrencies, multi-chain Gnosis Safe wallets, automated bridging, and low 0.5% conversion fees, Fern eliminates complexity for global users and businesses. Features include same-day settlements, automated conversions, gas subsidies, and compliance reporting—making crypto truly accessible for everyday financial operations.
15K+
cryptocurrencies supported
0.5%
low conversion fees
Use Cases
- Global Payroll Solution - Companies with international teams can use Fern to convert crypto to local currencies, paying remote workers through preferred banking systems with automatic offramps.
- Cross-Border Vendor Payments - Businesses can leverage Fern's third-party payment system to pay international suppliers and vendors, converting crypto assets to the recipient's local currency.
- Crypto Treasury Management - Finance teams can create automated rules to convert incoming crypto revenues to fiat currencies for operational expenses, maintaining optimal cash flow balance.
- Developer API Integration - Crypto platforms can embed Fern's API to offer users seamless on/off ramps between fiat and crypto, enhancing user experience with local payment methods.
Streamlined Crypto-Fiat Transactions
- Fern simplifies onramping and offramping between crypto and fiat currencies
- Enables crypto to fiat payments, allowing recipients to receive fiat
- Provides USD virtual accounts for receiving payments in dollars and converting them to crypto
- Offers conversions with low fees (0.5%)
- Allows users to automate conversions between crypto and fiat
Enhanced Web3 Wallet Features
- Multi-chain Gnosis Safes with the same address across all supported chains
- Automates bridging of USDC across different chains
- Provides gas subsidies for sending crypto
- Automatically captures cost basis for crypto transactions
- Supports multiple networks including Arbitrum, Base, Ethereum mainnet, Optimism, and Polygon
Trusted by
Ansa Research, Threshold Network, Circle, Allium
