Acquiring Company
Visa
Acquired Company
Fold
Description
Visa and Fold have partnered to launch a new Fold Bitcoin Rewards Credit Card, which will offer up to 2% unlimited bitcoin rewards and up to $250 in bonuses. The card will also provide access to bitcoin trading with no fees, insured bitcoin custody, FDIC-insured transactional accounts, and bonus offers from merchants. Additionally, Fold will proceed with a proposed business combination with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC), in preparation for listing on the Nasdaq as 'Fold Holdings', the first publicly traded bitcoin financial services company.
Quick answer
Visa is acquiring Fold, announced February 12, 2025. Visa is based in San Francisco, California, United States.
- How much did Visa pay for Fold?
- The deal value was not disclosed.
- What does Visa do?
- Visa Inc. (NYSE: V) is the world’s leader in digital payments.
- Where are Visa and Fold based?
- Visa is based in San Francisco, California, United States. Fold is based in Phoenix, Arizona, United States.
- Who are the decision-makers at Visa?
- Fundz holds 3 contacts at Visa. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Mobile
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Visa invests in Moniepoint to drive SMB growth in Africa (January 23, 2025)
- FTAC Emerald Acquisition Corp. completes business combination with Fold, Inc. to expand bitcoin financial services (February 13, 2025)
- FTAC Emerald Acquisition Corp. to merge with Fold, Inc. to expand bitcoin financial services (February 13, 2025)
- Fold, Inc. and FTAC Emerald Acquisition Corp. to Merge, Forming Fold Holdings, Inc. (February 11, 2025)
- ARES MANAGEMENT LLC acquires Frontier Communications (March 21, 2025)
- MIH East Holdings to acquire International Stock Exchange (March 19, 2025)
Who to call at Visa, and when
When Visa changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Visa raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Visa, from your own LinkedIn network
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Fundz sees it the moment Visa makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Fold?
Fold was acquired by Visa, based in San Francisco. The deal was reported on February 12, 2025. Visa Inc. (NYSE: V) is the world’s leader in digital payments. Visa is publicly traded (V) and operates in Other.
When did Visa acquire Fold?
Visa's acquisition of Fold was reported on February 12, 2025. Visa and Fold have partnered to launch a new Fold Bitcoin Rewards Credit Card, which will offer up to 2% unlimited bitcoin rewards and up to $250 in bonuses. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fold do?
Fold, Inc. is a pioneering bitcoin financial services company, founded in 2019, and is the premier gateway for bitcoin financial services in the United States. It is publicly traded (FLD), operating in Information Technology, and is based in Phoenix.
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