“Can Fold become the primary bitcoin financial services platform for everyday consumers by embedding bitcoin rewards into credit, checking, and spending products?”
Founded in 2014 as a bitcoin rewards and spending app, Fold evolved from a gift-card/shopping portal that pays bitcoin rewards into a full bitcoin financial services company. Going public on NASDAQ (ticker: FLD), Fold expanded into credit card issuance — launching the Fold Bitcoin Credit Card powered by Stripe Issuing on the Visa network — and secured institutional debt financing to scale the card program, positioning itself as a bitcoin-native consumer financial services company.
Fold discloses Sutton Bank and Cross River Bank as its banking providers, according to the Embedded Finance Index 2026.
Fold does not disclose a bank charter of its own; its banking services are provided through Sutton Bank and Cross River Bank.
Fold processes payments through Stripe Issuing.
Fold's cards are issued through Stripe Issuing.
Fold's crypto products run on BitGo.
The Embedded Finance Index 2026 maps 5 layers in Fold's stack: Payments / PSP (Stripe Issuing); Banking / BaaS (Sutton Bank and Cross River Bank); Card issuing (Stripe Issuing); Lending (Fold Bitcoin Credit Card (revolving credit)); Crypto (BitGo).
Fold is founded in 2014 and headquartered in Phoenix, AZ, USA.
Get a read on where your own stack stands against Fold and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.