Fold brought the world's first
bitcoin rewards Visa Debit Card to US market in 2020
and now expands its engagement with Visa to Latin American
community
PHOENIX, May 15, 2023
/PRNewswire/ -- Fold is excited to announce the opening of its new
office in El Salvador, which will
serve as its base for operations in Latin
America. The move comes as part of Fold's ongoing commitment
to making bitcoin as easy and accessible as possible
for everyone around the world.
Bitcoin Rewards Company Fold Expands to
El Salvador as Base for Latin
American Operations
"We're thrilled to be establishing an office and local team in
El Salvador," said Will Reeves, CEO of Fold. "As a country that has
embraced bitcoin and has been a pioneer in adopting
new monetary technology, we believe that El Salvador is the perfect place for Fold to
expand its presence in Latin
America."
Fold has big plans for El
Salvador and will soon announce partnerships with major
players in the region. The company's innovative rewards program and
embedded bitcoin infrastructure will enable it to
provide valuable solutions to consumers and businesses alike. To
date Fold's bitcoin rewards infrastructure has
processed over $1 Billion in
volume.
"President Bukele wants the best and the brightest to move to
El Salvador to come build new
capital markets and the future of finance. Fold certainly fits that
description and we are excited to welcome them to
Bitcoin Country," said Stacy
Herbert, National Bitcoin Office of
El Salvador.
Fold's expansion to El Salvador
is a significant milestone for the company as it continues to build
a global bitcoin community. The new office and local
team will enable Fold to provide even more personalized support to
its Latin American users and partners.
To stay updated on Fold's expansion in El Salvador and upcoming partnerships, please
visit our website at www.foldapp.com.
For media inquiries, please contact Denis Burba at PR@foldapp.com.
About Fold
Fold, the leading bitcoin rewards company, offers
the easiest and simplest way to earn bitcoin on
everyday purchases. Holders of the Fold Bitcoin
Rewards Visa Debit can earn bitcoin on every purchase
they make or take advantage of exclusive opportunities to earn
bitcoin when shopping at partner brands. The Fold
mobile app is available for download for Android or iOS.
View original
content:https://www.prnewswire.com/news-releases/bitcoin-rewards-company-fold-expands-to-el-salvador-as-base-for-latin-american-operations-301823724.html
SOURCE Fold