Fold, the leading bitcoin rewards company, has announced its expanded partnership with Visa. This partnership will enable Fold to serve the global bitcoin community by using Visa as its exclusive global network partner for prepaid debit and credit products in North America, Europe, and LAC. This is a significant development following the successful launch of the world’s first Visa co-branded bitcoin rewards debit card in 2020.
Fold has seen remarkable growth since the introduction of its Fold Visa Debit Card, with nearly $1 billion flowing through the platform and users being rewarded with over $30 million in bitcoin. The company’s CEO, Will Reeves, expressed excitement about meeting the growing demand for bitcoin onramps outside of the U.S. and making bitcoin more accessible to people worldwide.
Visa, a leader in the financial services industry, believes that digital currencies will shape the future of money movement. Cuy Sheffield, Visa’s Head of Crypto, expressed enthusiasm for working with Fold to create new ways for consumers to spend and engage with digital assets.
The expanded partnership with Visa will allow Fold to bring bitcoin rewards and financial products to new regions globally. Fold plans to expand its Fold Bitcoin Rewards Debit Card worldwide and empower local financial service companies to launch their own bitcoin rewards and financial products using Fold’s embedded infrastructure.
Fold’s mission is to be a leader in global bitcoin adoption, making it easier for everyone to earn, buy, and use bitcoin. The company’s partnerships with major retailers enable users to use bitcoin for purchasing goods and services. Additionally, with its innovative rewards program, Fold incentivizes the bitcoin community to embrace bitcoin more widely.
Fold has already secured partnerships with traditional banks, fintechs, and consumer rewards programs in North America to leverage its new embedded bitcoin financial infrastructure. The company is actively seeking global partners to onboard in 2023.
Global users interested in Fold’s offerings can sign up for the early global access waitlist on the Fold website. The company aims to provide a seamless and user-friendly experience for individuals interested in earning and using bitcoin.
Fold is the leading bitcoin rewards company, offering the easiest and simplest way to earn bitcoin on everyday purchases. Users of the Fold Bitcoin Rewards Visa Debit Card can earn bitcoin on every purchase they make and take advantage of exclusive opportunities at partner brands. The Fold mobile app is available for download on both Android and iOS devices.