Fold Opens Access To Sats-Back Debit Card, Announces $13 Million Series A

Fold Opens Access To Sats-Back Debit Card, Announces $13 Million Series A
фото показано с : bitcoinmagazine.com

2021-5-27 17:00

Bitcoin rewards platform Fold has opened access to its bitcoin rewards debit card and announced a $13 million fundraising round.

Bitcoin rewards app Fold has announced that its sats-back debit card is now accessible to all U.S. residents.

“Instead of offering points or airline miles typically found in most card programs, Fold provides bitcoin rewards through a gamified experience that emphasizes healthy financial habits,” according to a release shared with Bitcoin Magazine. “Fold cardholders can earn variable rewards by spinning a rewards wheel after each qualifying purchase, like earning 100% of their purchase back in bitcoin, or even winning a whole bitcoin, which ten users have done to date.”

The waitlist for the card has been open since last year. Since Fold launched in 2019, it has built a waitlist of more than 250,000 waiting for access to the card, per the release. More than 20,000 cardholders participated in an early access program that saw $100 million transacted since November 2020.

Fold also announced the conclusion of a $13 million series A fundraise led by Craft Ventures, with participation from M13, Slow Ventures and Bessemer. The company will be using the capital to build out its rewards platform so that any credit or debit card in the country could offer its users bitcoin rewards. And it expects to offer a bitcoin rewards credit card by the end of the year.

“We’ve pioneered bitcoin rewards to make bitcoin accessible to everyone,” said Fold CEO Will Reeves, according to the release. “Between the appreciation of bitcoin and our generous rewards, people have earned more money in their Fold rewards account over the last few months than they have in the savings accounts they’ve been building for years.”

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 70430.58 (+0.21%)
Объем 24H $32.868b
Изменеия 24h: 1.95 %, 7d: 3.02 %
Cегодня L: $70430.58 - H: $70454.73
Капитализация $1387.79b Rank 1
Цена в час новости $ 38915.99 (80.98%)

rewards million fold card debit access bitcoin

Источник: bitcoinmagazine.com

rewards million → Результатов: 78


Lolli Raises $5 Million From Reddit Founder’s VC Fund to Accelerate Bitcoin Adoption

Bitcoin rewards company Lolli has raised $5 million in the latest funding round led by Seven Seven Six, the venture capital fund headed by Alexis Ohanian, the founder of Reddit. “This is an exciting time and opportunity to accelerate adoption and increase accessibility to bitcoin,” said Alex Adelman, CEO, and Co-founder of Lolli.

2021-3-26 19:47


Фото:

Serena Williams Invests in Bitcoin Rewards Startup Lolli

Blockchain startup Lolli has reportedly raised the sum of $5 million from a suite of investors led by Serena Williams, her husband (Alexis Ohanian), and other YouTubers.  As announced on Wednesday, Lolli’s pre-Series A round features Serena Williams’ Serena Ventures, her husband Alexis Ohanian’s Seven Seven Six, and Night Media, the management company that representsRead More

2021-3-25 01:00


Etoro’s Gooddollar Basic Income Initiative Aims to Fund 1 Million New Users With New Referral Program

An incentive of 100G$ will be given to registered users for new referrals, and 50G$ to new users as a ‘welcome bonus.’ Etoro, one of the world’s leading social trading platforms, has announced that it’s funding rewards for the next one million users of its Gooddollar project, following the launch of a brand new referral […]

2021-2-9 07:30


Фото:

Sleeping Bitcoins Worth $40 Million Move- Mystery Miner Spends Another 1,000 BTC From 2010 Block Rewards

On January 10, another strange string of 20 bitcoin block rewards from 2010 was spent after sitting idle for over ten years. The spending of 1,000 decade-old bitcoins worth over $39 million today, follows the recent string of 1,000 units transferred on the 12th anniversary of Bitcoin’s genesis block launch. Seven days ago an old-school […]

2021-1-11 20:30


Yearn Finance Consumes Pickle Without Governance Vote

The move follows a hack over the weekend that resulted in the loss of $20 million in stablecoins, however, the community had no say in the decision. Yearn Finance has partnered, or rather absorbed, Pickle Finance in an effort to increase rewards for stakers and reimburse some of the victims of the flash loan attack … Continued The post Yearn Finance Consumes Pickle Without Governance Vote appeared first on BeInCrypto.

2020-11-26 17:13


Binance to distribute 9.5 million Stellar Lumens earned from staking, will add XLM staking support

Binance, the world’s largest cryptocurrency exchange by trading volume, recently revealed that the platform had earned 9. 5 million Stellar Lumens (XLM) from staking the cryptocurrency. $775,000 of XLM Will Be Distributed to Binance Users In August 2018, the Stellar team advised Binance’s management regarding how to earn staking rewards by changing various parameters on the […] The post Binance to distribute 9.

2019-7-18 15:21


Ethereum Staking Could Become A $160 million Sector Per Vitalik Buterin’s New Proposal

Ethereum Staking Could Very Well Become A $160 million Industry – According To Vitalik's Proposal According to a brand new proposal provided by the creator of Ethereum – Vitalik Buterin – he argues that he is contemplating an increase in rewards for the validators within the network who would serve to provide security on the […]

2019-5-1 23:24


дальше еще 29 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Fold Kickbacks Adds Airbnb to Rewards Program

Bitcoin-based payments app Fold has added support for Airbnb. Customers can now earn a 3 percent cashback in Bitcoin when they book Airbnb accommodation through the Fold app; many large companies are being added to bitcoin reward programs, and Fold has already integrated the likes of Starbucks and Amazon, November 12, 2019.