Teneos

Company Overview

Snapshot

Founded in September 2017 by Amit Shur, Reuven Palatnik, Jacob Dvir, and Amit Eisenthal, Teneos operated with 1–10 employees. The company ceased operations in December 2021.

Business overview

Teneos developed technologies to facilitate the use of credit within the cryptocurrency ecosystem. The company's core offering enabled users to secure cash loans by leveraging their crypto assets as collateral, thereby avoiding the need to sell them. Teneos aimed to serve individuals holding cryptocurrencies, businesses that earn or own crypto, and financial institutions seeking to enter the crypto market, operating within the Fintech & Insurtech sector, specifically in lending and financing.

Strategic signal

In September 2018, Teneos was highlighted in an article discussing blockchain's growing prominence in Israel's startup scene. This indicated early recognition of the company's involvement in the emerging blockchain and cryptocurrency market, signaling its position within a rapidly developing technological landscape.

Company Intelligence Q&A

What is Teneos's primary business focus?

Teneos focuses on facilitating the use of crypto assets as collateral for cash loans, enabling individuals and businesses to access credit without selling their digital holdings.

When was Teneos founded?

Teneos was founded in September 2017.

Who are the founders of Teneos?

The co-founders of Teneos include Amit Shur, Reuven Palatnik, Jacob Dvir, and Amit Eisenthal.

What is the operational status of Teneos?

Teneos is currently non-active and ceased operations in December 2021.

In which sector does Teneos operate?

Teneos operates within the Fintech & Insurtech sector, specifically focusing on lending and financing solutions.