Fold selects Lead Bank as core banking partner for financial services platform expansion

FLD•2026-08-06

Lead Bank named core banking partner

Fold selected FDIC-insured Lead Bank as its core banking partner to support its expanding bitcoin-focused financial services platform.

Lead Bank will provide infrastructure for accounts, deposits, withdrawals, and bitcoin trading, strengthening Fold’s banking foundation for new product rollouts.

Planned platform upgrades and rollout timing

Planned upgrades include faster payments via FedNow, ACH capabilities, higher transaction limits, direct deposit, and account routing and account numbers.

Customer accounts are expected to begin transitioning to Lead Bank later this year, with new features launching in phases starting later this year.

Sources

Fold selects Lead Bank as core banking partner for financial services platform expansion

Sec

Fold selects Lead Bank as core banking partner for financial services platform expansion

Lead Bank named core banking partner

Planned platform upgrades and rollout timing

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Sources

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