Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 326

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 326
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 bitcoin exchange customers that can use Fold as their primary banking and bitcoin account. Approximately 10,000 of these accounts and/or bitcoin exchange customers are premium users paying monthly subscriptions to access higher rewards, lower fees, and premium features of our platform. 200 Fold caters to one of the most valuable customer segments in the world. Our current core customer demographic is just entering their financial prime (83% are between 25 -54years old) with a strong financial position (80% have prime credit and 65% make over $100K income per year). This demographic is on the cusp of some of the most important financial decisions of their lives: starting families, starting businesses, buying homes, preserving wealth, and making long -termfinancial plans. Select customer demographic information based on historical company data and customer surveys from 2022–2024 includes: Despite the relative financial strength of Fold’s core customer base, Fold is able to service other customer demographics no matter where they are on their financial journey. Our FDIC -insuredchecking account and prepaid debit card provide a lower -risk, responsible way for any customer to navigate their financial lives compared to high interest -ratecredit products. 201 Our Strategic Partners We have strategic partnerships with a number of third -partyservice providers to operate certain of our products and services, including: Marqeta, Inc. (“Marqeta”)— Marqeta powers the modern card -issuingplatform that enables Fold to create, distribute, and manage customized payment cards and financial products. Marqeta serves as the program issuer for the Fold Card. Visa U.S.A. Inc. (“Visa”)— Visa is a global payment technology company that facilitates electronic funds transfers, primarily through credit, debit, and prepaid cards, enabling secure and efficient payments worldwide for Fold. The Fold Card can be used on the Visa Network (“Payment Network”) to spend funds wherever Visa is accepted. Sutton Bank— USD funds deposited in the Fold Checking Account and available to fund purchases using the Fold Card are held at Sutton Bank, an FDIC -insuredbank. As long as specific deposit insurance requirements are met, Fold customer funds held at Sutton Bank are insured up to $250,000 by the FDIC in the event Sutton Bank fails. Fold does not directly hold or control any of its customers’ USD funds. Bitcoin Service Providers — Fold partners with Fortress Trust LLC, a Nevada -chartered trust company (“Fortress”), and BitGo Trust Company, Inc., a South Dakota -chartered trust