Fold

Atlanta, United States Founded: 2014 • Age: 12 yrs
NFC-enabled prepaid cards with Bitcoin rewards are provided.
Annual revenue - Latest available
Total funding $60.1M 6 rounds
Employees 28 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Fold

Fold is a company based in Atlanta (United States) founded in 2014 by Will Reeves and Corbin Pon. 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 as of December 31, 2024. Fold operates in a competitive market with competitors including Super, NetSpend, Blackhawk Network, Card.com and Ugami, among others.

  • Headquarter Atlanta, United States
  • Employees 28 as on 31 Dec, 2024
  • Founders Will Reeves, Corbin Pon
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fold Holdings, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.87 M (USD)
    -142.05
    as on Dec 31, 2024
  • EBITDA
    -$2.92 M (USD)
    21.71
    as on Dec 31, 2024
  • Total Equity Funding
    $60.05 M (USD)

    in 6 rounds

  • Latest Funding Round
    $157.63 K (USD), Post-IPO

    Sep 05, 2025

  • Investors
  • Employee Count
    28

    as on Dec 31, 2024

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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.

Exchange: NASDAQ · Ticker: FLD · Sector: Technology services · USA

People of Fold

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Hailey Lennon
General Counsel
People
Tom Dickman
Chief Technology Officer
People
Will Reeves
CEO & Cofounder
People
Don L.
Sr Risk Manager

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
ATW Partners is engaged in smart and strategic investing.
Locked Locked Locked
Venture capital fund focused on SaaS and consumer sectors
Locked Locked Locked
Multiple sectors are invested in by M13 venture capital fund.
Locked Locked Locked
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Investor details for Fold

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Fold

Investments
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Investment portfolio details for Fold

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Fold

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Detailed financials for Fold

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Fold Comparisons

Fold Primary company
Description
NFC-enabled prepaid cards with Bitcoin rewards are provided.
Location
Atlanta, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
-$1.87 M (USD)
EBITDA
-$2.92 M (USD)
Employees
28
As of 2024
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Peer comparison for Fold

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Fold

Fold operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Super, NetSpend, Blackhawk Network, Card.com and Ugami, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online platform for discovering and booking hotel accommodations at discounted prices
Locked Locked Locked
Prepaid Visa and MasterCard debit cards are processed and marketed.
Locked Locked Locked
Prepaid cards for employee financial benefits are provided.
Locked Locked Locked
Designer pre-paid payment cards are offered for omni-channel transactions.
Locked Locked Locked
Digital banking services are offered to gamers.
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Detailed competitors of Fold

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Fold

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Complete news archive for Fold

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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 current CEO of Fold. They have also founded this company.

Fold is a funded company, having raised a total of $60.05M across 6 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Fold is 28.

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 Card.com.

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.

The ticker symbol of Fold is FLD on NASDAQ.

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