# Fern

> Global money movements in record time

Fern is a financial infrastructure company for global money movements across fiat, stablecoins, and cryptocurrencies. It offers APIs and business banking services for cross-border payments and currency conversion.

Fern is a financial infrastructure company that provides global money movement services across fiat currencies, stablecoins, and cryptocurrencies. It offers application programming interfaces that let developers integrate cross-border payments and currency conversion into their own products, alongside business banking accounts with onchain capabilities for spending and saving. The company serves businesses and developers seeking to move funds across borders and payment methods without building this infrastructure themselves.

The platform addresses the friction of moving value between traditional bank rails and blockchain based rails by combining compliance handling, customer verification, and routing optimization in a single service. A core routing layer optimizes currency conversion paths across multiple liquidity providers, blockchains, and partner banks, aiming to improve speed and pricing for each transaction. This lets customers avoid managing separate integrations for banking, stablecoin, and cryptocurrency rails.

Fern's offering spans a developer facing API product, a business neobank account, and the underlying routing infrastructure that connects liquidity providers and partner banks. It is used by developers building payment products and by businesses that need onchain spending and savings accounts for cross border operations. Fern has been acquired by a stablecoin infrastructure and card payments company, and its platform and existing customer integrations continue to operate as part of that company.

- Type: Company
- Sector: Payments
- Status: Acquired
- Founded: 2022-01-01
- Profile: https://thegrid.id/profiles/fern

## Products

- [Fern API](https://thegrid.id/profiles/fern): Fern API is a financial infrastructure platform that lets development teams embed global money movement into their own products. It provides on and off ramps, wallets, virtual accounts, yield, and card issuance through a single API spanning stablecoin and fiat rails across multiple blockchains. Fintechs and other businesses use it to launch white-labelled payment and account features without building banking or compliance infrastructure themselves. (Financial Services Platform, Inactive/Support Ended, Main Product)
- [Fern Business Banking](https://thegrid.id/profiles/fern): Fern Business Banking is an onchain neobank for global businesses and teams, providing spending and savings accounts that bridge crypto and fiat. Users hold multi-chain wallets, receive payments into USD virtual accounts, and convert or move funds between stablecoins, cryptocurrencies, and bank rails with configurable automatic conversion rules. The platform enables crypto-to-fiat and fiat-to-crypto payments, automated bridging across chains, and gas-free transfers for its account holders. (Neobank, Inactive/Support Ended)

## Links

- [Main](https://www.fernhq.com)
- [Documentation](https://docs.fernhq.com)
- [Blog](https://fernhq.com/blog)
- [Twitter / X](https://x.com/fernhq_)
- [LinkedIn](https://linkedin.com/company/fernmoney)

## Relationships

- [Rain](https://thegrid.id/profiles/rain): Parent organization

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP