Teneos
Using Crypto Assets as Loan Collateral
Company Overview
Snapshot
Founded in September 2017 by Amit Shur, Reuven Palatnik, Jacob Dvir, and Amit Eisenthal, Teneos operates with 1–10 employees. The company ceased operations in December 2021.
Business overview
Teneos develops technologies to facilitate credit in the cryptocurrency world, enabling individuals, small and medium-sized enterprises, online lenders, banks, and financial institutions to leverage crypto assets. Its core product allows users to obtain cash loans in preferred currencies by using their crypto assets as collateral, thereby avoiding the need to sell them. The company operates within the Fintech & Insurtech sector, specifically focusing on lending and financing, and serves markets in Australia and the United States.
Strategic signal
In September 2018, Teneos was highlighted as part of Israel's emerging blockchain startup scene. This signals the company's early recognition within the burgeoning blockchain and cryptocurrency industry, indicating its potential to contribute to the financial technology landscape by enabling new forms of credit and asset utilization.
Log in to access full profile ›Company Intelligence Q&A
- What is Teneos' primary focus?
- Teneos focuses on building technologies to facilitate the use of credit in the crypto world, enabling users to obtain cash loans using crypto assets as collateral without selling them.
- When was Teneos founded?
- Teneos was founded in September 2017.
- What is the operational status of Teneos?
- Teneos ceased to operate in December 2021.
- Who are the co-founders of Teneos?
- The co-founders of Teneos are Amit Shur, Reuven Palatnik, Jacob Dvir, and Amit Eisenthal.
- Which markets did Teneos target?
- Teneos targeted geomarkets including Australia and the United States.