Dossier
Celtic Bank
Coverage of Celtic Bank in the Nexus archive.
- Fold Lands $150 Million to Fuel Bitcoin Credit Card Growth
Fold Holdings secured a $150 million senior secured revolving credit facility from Encina Lender Finance to expand its Bitcoin Credit Card program. The funding avoids equity dilution and enables growth through a structure tied to credit card receivables, with the card operating on Visa and Stripe infrastructure and offering Bitcoin-based rewards.