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 business model?
- Teneos operates with B2B and B2B2C business models, providing solutions that facilitate the use of crypto assets as loan collateral for various entities including individuals, SMEs, and financial institutions.
- When was Teneos founded?
- Teneos was founded in September 2017.
- What is the status of Teneos?
- Teneos is currently non-active, having ceased operations in December 2021.
- Which markets does Teneos target?
- Teneos targets geomarkets in Australia and the United States.
- Who are the founders of Teneos?
- Teneos was co-founded by Amit Shur, Reuven Palatnik, Jacob Dvir, and Amit Eisenthal.