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Fold
Fold is a financial services platform that allows users to earn, buy, and live on bitcoin. It offers a prepaid debit card that provides bitcoin rewards on every purchase, claims to be the cheapest place to buy bitcoin, and is the only platform to offer bitcoin rewards on bill payments.
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Description
Fold is a financial services platform powered by bitcoin, positioning it as a way to build wealth instead of collecting traditional points and miles. The platform offers a range of services including the ability to split paychecks between cash and bitcoin, buy bitcoin with zero fees (for Fold+ subscribers), and pay bills to earn rewards. Users can earn bitcoin rewards on all purchases made with the Fold Card, bill payments, and shopping at partner merchants. The service also allows for ATM cash withdrawals with no added fees for subscribers and provides insured custody for both USD (FDIC pass-through) and bitcoin (BitGo insured).Grant Funding
VC Funding
None
2017
2019
2021
2025
$0
$36M