Fold Finance

About

Fold Finance is a bitcoin-powered personal financial platform that aims to connect traditional banking with cryptocurrency usage. It offers a financial app experience that enables users to earn, save, spend, and manage Bitcoin as well as other currencies. The app called Fold is offered as an advanced crypto finance app that combines traditional earning mechanisms including points and miles with the earning of Bitcoins (satoshis), which help individuals earn digital riches in their transactions. Some of the features available include the Fold debit card, the credit card, the Bitcoin gift cards, and the auto BTC options. Key Features of Fold Finance • • Earn bitcoin rewards (sats) by using the Fold Card to make purchases and pay bills. • Split paycheck between cash and bitcoin with early payments up to 3 days. • Pay bills such as mortgage and credit card payments while earning rewards on eligible transactions. • Access Bitcoin Gift Cards and earn rewards while shopping with supported merchants. • Withdraw cash from ATMs with no added fees for Fold+ subscribers. Fold Finance Milestones Year Achievements 2014 Company Inception Founded in Atlanta with an early focus on BTC gift card spending. 2019 Seed Funding & Pivot Raised $2.5M and shifted to the “earning Bitcoin” rewards model. 2020 Visa Debit Launch Formed a partnership with Visa and released the world’s first Bitcoin rewards debit card. 2021 Series A Funding Raised $13M in funding for user acquisition and asset coverage expansion. 2022 Spin Wheel Revamp Enhanced gamified rewards for increased user engagement. 2024 SPAC Merger Announcement Unveiled plans for an initial public offering through a SPAC merger with FTAC Emerald. 2025 Nasdaq Listing (FLD) Traded on Nasdaq and launched the Bitcoin credit card and enterprise solutions.

Funding

• Series ABessemer Venture Partners1,30,00,00027 May 2021
• Series ACraft Ventures1,30,00,00027 May 2021
• Series ASlow Ventures1,30,00,00027 May 2021

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