Company Information

Get to know Fold

Founded in 2014 by Will Reeves, Fold's mission is to make Bitcoin accessible and fun for everyone. The company's flagship product is the Fold Card, a Visa debit card that allows users to earn a percentage of their purchases back in Bitcoin through a gamified rewards system. Instead of traditional points or cashback, users earn "sats" (the smallest unit of Bitcoin) and can spin a wheel after each purchase for a chance to win variable rewards, including a full Bitcoin. The company aims to bridge the gap between traditional finance and cryptocurrency by integrating Bitcoin into daily consumer transactions.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service

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Fold

India

Founded in

31 Des 2019 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.