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Fold

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Category: Card

Fold, Inc.

Fold, Inc. operates a consumer financial-services platform that integrates bitcoin with everyday spending and cash management. Its services include a prepaid debit card issued by Sutton Bank, bitcoin purchases, recurring buys, round-ups, transfers to external wallets, bill payments with bitcoin rewards, Fold+ memberships, and bitcoin gift cards. Fold also promotes a bitcoin rewards credit card, with access expanding through a waitlist; Celtic Bank is its issuer and creditor.
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Funding Rounds

Funding Round: Convertible note issuance
Funding Date: 2 Jan, 2025
Raised Amount: $20M
Funding Round: Series A
Funding Date: 1 May, 2021
Raised Amount: $13M
Funding Round: Series A
Funding Date: 6 Apr, 2021
Raised Amount: $13M
Funding Round: Seed
Funding Date: 25 Sep, 2019
Raised Amount: $2.5M
Funding Round: Seed
Funding Date: 1 Sep, 2019
Raised Amount: $2.5M
Funding Round: Convertible note issuance
Funding Date: 3 Nov, 2017
Raised Amount: $800K
Funding Round: Unknown
Funding Date: 1 Nov, 2017
Raised Amount: $800K

Investors

Thesis*

Thesis* is a Bitcoin-focused company builder that creates, supports, and shares products advancing decentralization, sovereignty, privacy, and freedom. Its portfolio includes Mezo for Bitcoin-backed borrowing and finance, Fold for Bitcoin rewards, Taho for self-custodial web3 wallet services, Acre for Bitcoin staking rewards, Lolli for Bitcoin cashback rewards, Embody for private cycle tracking, and tBTC for permissionless tokenized Bitcoin bridging.
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Funding Rounds

Funding Round: Series A
Funding Date: 22 Jul, 2021
Raised Amount: $21M
Funding Round: Series A
Funding Date: 1 Jul, 2021
Raised Amount: $21M

Investors