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Fold: Summary

Fold is a financial services platform that allows users to earn bitcoin rewards on every purchase made with their prepaid debit card. It enables users to buy bitcoin with zero fees and get bitcoin back on bill payments and gift card purchases.

Service Name

Fold

Industry

Finance, Cryptocurrency, Personal Finance, Financial Technology

Main Value Proposition

Fold provides a seamless way to earn, buy, and live on bitcoin, making it easy for users to integrate bitcoin into their daily financial activities.

Description

Fold is a financial services platform that allows users to earn bitcoin rewards on every purchase made with their prepaid debit card. It enables users to buy bitcoin with zero fees and get bitcoin back on bill payments and gift card purchases.

Key Features

Earn bitcoin rewards with every purchase; Buy bitcoin with zero fees; Pay bills and earn rewards; Pull out cash from ATMs with no added fees

Use Cases

Fold is most valuable for users looking to earn bitcoin rewards while shopping, those who want to buy bitcoin without fees, and individuals who wish to manage their finances with a focus on bitcoin.

Competitive advantages

Zero fees on bitcoin purchases for Fold+ subscribers; Ability to earn rewards on bill payments and gift card purchases; FDIC pass-through insurance on USD balances

Strengths

Fold's strengths include its user-friendly interface, the ability to earn rewards on a wide range of transactions, and the integration of bitcoin into everyday financial activities.

Positioning

Fold positions itself as a leading financial services platform that empowers users to earn and manage bitcoin effortlessly.

Audience

The target users include cryptocurrency enthusiasts, individuals looking to earn rewards on everyday spending, and those interested in integrating bitcoin into their financial management.

CTA

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Tags
  • Bitcoin rewards

  • Prepaid debit card

  • Zero fees

  • Financial services

Tagline

Personal finance powered by bitcoin

Tone of Voice

Informative, engaging, empowering

Differentiation

Fold stands out in the market by offering a unique combination of earning bitcoin rewards on everyday purchases and the ability to buy bitcoin without incurring fees.

Brand Positioning

Fold's brand identity is centered around innovation in personal finance, leveraging the benefits of bitcoin to enhance user financial experiences.

Founded

2014-02-01

Founders
  • Chris Martin

  • Corbin Pon

  • Will Reeves