About Fold
Fold is a publicly listed company based in Atlanta (United States) founded in 2014 by Will Reeves and Corbin Pon. NFC-enabled prepaid cards with Bitcoin rewards are provided. Fold has raised $60.05 million across 6 funding rounds from investors including Bessemer Venture Partners, CoinShares and ATW Partners. The company has 28 employees. Its chief executive, as recorded, is Will Reeves. Its website foldapp.com draws about 72 thousand monthly visits. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its competitors include Super, NetSpend and Blackhawk Network; 2 of its 3 listed competitors have raised funding.
Company details
Fold was founded in 2014 in Atlanta, United States, within the fintech and cryptocurrency sector. NFC-enabled prepaid cards are issued, allowing Bitcoin rewards on transactions. App-based wallets are loaded by users for payments, which are processed by scanning barcodes at retail or online stores via smartphones. Bitcoin is used for settlements, while merchants may receive funds in USD. The app is accessible on iOS and Android platforms.
- Headquarters Atlanta, United States
- Employees 28
- Founders Will Reeves, Corbin Pon
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website foldapp.com
- Social LinkedIn X Instagram YouTube
- Legal Name Fold Holdings, Inc.
- Annual Revenue$31.79 M (USD)33.85as on Dec 31, 2025
- Net Profit-$69.59 M (USD)-6.92as on Dec 31, 2025
- EBITDA$1.09 M (USD)-93.44as on Dec 31, 2025
- Total Equity Funding$60.05M (USD)
in 6 rounds
- Latest Funding Round$157.63K (USD), Post-IPO
Sep 2025
- InvestorsBessemer Venture Partners
& 7 more
- Employee Count28
Apps and channels of Fold
its YouTube channel Fold App has 1.19K subscribers and 21 videos.
Videos from Fold
The most watched videos on Fold's YouTube channel, Fold App (1.19K subscribers). Click a video to play it here.
More on Fold App.
Funding Insights of Fold
Fold has successfully raised a total of $60.05M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $157.63 thousand completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $60.05M
- Total Rounds 6
- Last Round Post-IPO — $157,625
- First Round $2.5M
(Sep 2019)
- Investors Count 8
All 6 funding rounds of Fold with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $157,625 | Post-IPO | – | – | – |
| Dec 2024 | $39.87M | Series B | – | – | |
| Mar 2021 | $17.48M | Series A | – | Craft Ventures | |
| Aug 2020 | $100,000 | Series B | – | – | – |
| Mar 2020 | $100,000 | Seed | – | – | – |
| Sep 2019 | $2.5M | Seed | – | Craft Ventures, CoinShares | – |
8 investors in total: 8 institutional.
Investors in Fold
Fold has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, CoinShares and ATW Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ATW Partners is engaged in smart and strategic investing. | atwpartners.com | New York, United States | ||
Venture capital fund focused on SaaS and consumer sectors | craftventures.com | San Francisco, United States | ||
Multiple sectors are invested in by M13 venture capital fund. | m13.co | Los Angeles, United States | ||
Early-stage tech investments are made primarily in US companies. | slow.co | New York, United States | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Investments in bitcoin startups are made by Fulgur Ventures. | fulgur.ventures | Wilmington, United States | ||
Tech companies are invested in by Goldcrest VC fund. | goldcrest.com | Dallas, United States | ||
Operations are diversified across multiple industries by the conglomerate. | 2014 | coinshares.com | London, United Kingdom |
Investor details for Fold
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People of Fold
12 people are tracked at Fold (6 in leadership, 6 in team); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Will Reeves | Co-Founder & CEO | Leadership |
Corbin Pon | Co-Founder | Leadership |
Abigail Akzin | Head Of Marketing | Leadership |
Tyler P. | Vice President | Leadership |
Tom Dickman | Chief Technology Officer | Leadership |
Nicolleta Gonçalves, CAMS-RM | Director Risk and Compliance | Leadership |
Dana B. | Customer Success | Team |
Hailey Lennon | General Counsel | Team |
Don L. | Sr Risk Manager | Team |
Chhayhout Chhoeu | Software Engineer - Backend | Team |
Sean McGowan | Controller | Team |
Elena Pitel | Senior Quality Assurance Engineer | Team |
Complete people profiles for Fold
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IPO & Listings of Fold
Fold is a publicly listed company on the NASDAQ with ticker symbol FLD in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date19 Feb 2025
- Listed onNASDAQ: FLD
- Listed entityFold Holdings, Inc.
- Exchange sectorTechnology services
- ISINUS29103K1007
- Share price$0.54 (-0.48% on the day) · 2026-10-13
- Market capitalisation$29.5M
- EPS (diluted, trailing year)$-1.48
- Volume (last session)65,904
Financials of Fold
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $31.8M | -$69.6M | $1.1M |
| 2024 | $23.8M | -$65.1M | $16.5M |
| 2023 | $4.4M | -$3.7M | |
| 2022 | $1.1M | -$1.8M | |
| 2021 | -$99,990 | -$100,520 |
Detailed financial statements for Fold
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Fold
4 dated milestones of Fold across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Fold is founded.
- Funding First funding round of $2.5M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $158K.
Competitors of Fold
Fold has 3 listed competitors in our database, 2 of them funded. They include Super, NetSpend and Blackhawk Network.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| super.com | 2016 | San Francisco, United States | $161.3M | Online platform for discovering and booking hotel accommodations at discounted prices | ||
| netspend.com | 1999 | Austin, United States | 488 | Prepaid Visa and MasterCard debit cards are processed and marketed. | ||
| blackhawknetwork.com | 2001 | Pleasanton, United States | $249,272 | 1,558 | Prepaid cards for employee financial benefits are provided. |
Detailed competitors of Fold
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Web traffic of Fold
The website of Fold (foldapp.com) receives about 72.3K visits a month.
- Monthly visits72.3K
▼ 12.8% vs previous month
Websites whose visitors overlap most with Fold. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fold.money | 100% | 36.1K | #774,665 | View details | |
| bitrefill.com | 83% | 1.2M | #46,858 | View details | |
| xapobank.com | 83% | 249.3K | #181,985 | View details | |
| coingate.com | 83% | 680.7K | #77,129 | View details | |
| maple.finance | 83% | 76K | #467,355 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for Fold
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Fold (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Fold
Complete news archive for Fold
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Frequently Asked Questions about Fold
Fold was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Fold is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Will Reeves is the CEO of Fold, as recorded in our data. They have also founded this company.
Fold is a funded company, having raised a total of $60.05M across 6 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Sep 2019.
Fold has 28 employees.
Annual revenue of Fold is $31.79M as on Dec 31, 2025.
Fold was founded in 2014 in Atlanta, United States, within the fintech and cryptocurrency sector. NFC-enabled prepaid cards are issued, allowing Bitcoin rewards on transactions. App-based wallets are loaded by users for payments, which are processed by scanning barcodes at retail or online stores via smartphones. Bitcoin is used for settlements, while merchants may receive funds in USD. The app is accessible on iOS and Android platforms.
Fold's top competitors include Super, NetSpend and Blackhawk Network.
Yes, Fold is publicly traded on NASDAQ under the ticker symbol FLD.
Fold has 8 investors. Key investors include Bessemer Venture Partners, CoinShares, ATW Partners, Craft Ventures, and M13 Company.