founded date:
2019
bitcoin only:
No
market valuation:
approx. $30.4M market cap ($0.5521 close on 2026-09-09; approx. 55.1M shares)
web url:
ceo:
Will Reeves (co-founder, Chairman and CEO since 2019)
founders:
Will Reeves; Matt Luongo
key leadership:
Wolfe Repass (CFO); Thomas Dickman (CTO); Matthew McManus (COO)
lead investors:
Craft Ventures (led 2019-09 $2.5M seed and 2021-05 $13M Series A); CoinShares; Slow Ventures; Goldcrest Capital; Fulgur Ventures; Thesis; M13; Bessemer Venture Partners
total invested capital:
Pre-IPO approx. $36M-$38.5M across four rounds; 2024 SAFEs $72.1M gross ($64.1M funded in bitcoin); $20M senior secured
subsidiaries:
Fold, Inc. (Delaware) and Fold Credit SPV I Trust (Delaware)
founder pedigree:
Will Reeves - co-founder, Chairman and CEO; previously Head of Payments at Thesis and co-founder of Chargify; Matt Luongo - founder/CEO of Thesis
btc holdings:
Holds a corporate bitcoin treasury (amount not verified from source)
btc yield per share:
N/A
infra overview:
First publicly traded bitcoin financial services company - a mobile app plus Visa card program paying bitcoin back on everyday spending
primary business revenue:
Banking/payments revenue (card-program interchange/fees) $30.3M of $31.8M FY2025 net revenue (+34% YoY); custody and trading $1.46M; other $0.06M; FY2025 net loss $69.6M
revenue activities:
Card interchange and fees; bitcoin custody and trading
official email:
support@foldapp.com
contact phone:
N/A
contact address:
Phoenix, AZ, USA
x handle:
github url: