— Fold 🙌 (@fold_app) November 11, 2019
Airbnb is now included in the Fold Kickbacks rewards program. The program supports Bitcoins Lightning Network ( LN ). This allows the user to buy gift vouchers with Bitcoin with a 3% cashback. Users will receive this cashback on every stay booked on Airbnb. Fold currently offers $ 25 or $ 100 gift cards on the website.
Amazon, Starbucks, and Uber
The Fold Kickbacks program was launched in July 2019. It currently supports several major retailers, including Amazon, Starbucks, and Uber. The app can only be used in certain countries, including the United States, Australia, Canada, Ireland, Mexico, and the United Kingdom. It also depends on the specific brand. The company is expected to roll out services in Europe in the future.
2.5 million raised
Fold raised $ 2.5 million at the end of September 2019 to expand its platform with a fiat payment option. The new feature was added at the end of September 2019 and offers users the option of issuing both fiat currency and Bitcoin by adding their credit card or Bitcoin Lightning Wallet. This is possible in online and in physical stores. To date, the Fold app only accepts Bitcoin.