Where is Fold located?

Fold is headquartered in Bengaluru, India. It is registered at 311 Binnamangala 1st Stage, Bengaluru, BBMP Ward No. 82, Bangalore, Bangalore, Karnataka, India, 560038.

Who is the current CEO of Fold?

Akash Nimare of Fold. They have also founded 2 companies.

Which legal entities is Fold associated with?

Fold is associated with LUNCHBRAKE CLASSIC PRIVATE LIMITED and 1 other.

How many employees does Fold have?

As of Jul 01, 2024, the latest employee count at Fold is 5.

Is Fold a funded company?

Fold is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of Fold?

Annual revenue of Fold is ₹4.94Cr as on Mar 31, 2024.

Where does Fold rank among its competitors?

Fold ranks 9th amongst 57 active competitors, of which 19 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Circit, which secured $22M in Feb, 2026.

Who are the top competitors of Fold?

Fold's top competitors include Cashfree Payments, FinQY and FloatMe. Among them, Circit secured the most recent funding round in February, 2026.

Fold - 2026 Company Profile, Team, Funding, Competitors & Financials

Fold is a funded company based in Bengaluru (India), founded in 2019 by Utkarsh Verma, Akash Nimare, Shakti Goap and Nash Vail. It operates as a Bank Account Aggregation Platform. The company has 57 active competitors, including 19 funded and 3 that have exited. Its top competitors include companies like Cashfree Payments, FinQY and FloatMe.

Company Details

Fold securely connects to users' Bank accounts and gives a clear picture of finances. It also provides a dashboard for monitoring transactions and managing personal finance.

Website: fold.money
Social
Email ID: *****@fold.money
Part Of
Registered Address: 311 Binnamangala 1st Stage, Bengaluru, BBMP Ward No. 82, Bangalore, Bangalore, Karnataka, India, 560038

Key Metrics

Founded Year

2019

Location

Bengaluru, India

Stage

Funding Raised

Investors

Kira Studio

Ranked

9^th among 57 active competitors

Annual Revenue

₹4.94Cr as on Mar 31, 2024

Employee Count

5 as on Jul 01, 2024

Similar Companies

Cashfree Payments & 65 more

View Fold's full profile

Fold is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LUNCHBRAKE CLASSIC PRIVATE LIMITED CIN: U72900KA2022PTC162802 , India, Active	Jun 23, 2022	$597K (As on Mar 31, 2024)	-
LUNCHBRAKE TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2020PTC135580 , India, Active	Jul 05, 2020	$0 (As on Mar 31, 2025)	-

Fold is a funded company. Fold has 1 institutional investor.

View details of Fold's funding rounds and investors

The founders of Fold are Utkarsh Verma, Akash Nimare, Shakti Goap and Nash Vail. Akash Nimare is the CEO of Fold.

Here are the details of Fold's key team members:

Utkarsh Verma: Co-Founder & CTO of Fold and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 2 email addresses
Akash Nimare: Co-Founder & CEO of Fold and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses
Shakti Goap: Former Co-Founder of Fold and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Nash Vail: Co-Founder of Fold and founder of 1 other company.
Contact Info: 2 email addresses

Fold's Board of Directors

Fold's board has 3 active members. Utkarsh Verma and Akash Nimare are part of team and Nishant Verma is independent board member.

Here is the list of Fold's board of directors:

Name	Type	Representing	Status	Duration
Utkarsh Verma	Team	-	Current	5y 7m
Akash Nimare	Team	-	Current	4y 4m
quyjvls	Team	-	Past	2y 8m
Nishant Verma	Independent board member	-	Current	4y 4m
cvhfbgf	Independent board member	-	Past	3y 5m

View details of Fold's Founder profiles and Board Members

Fold's employee count trend

Fold has 5 employees as of Jul 24. Here is Fold's employee count trend over the years:

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Top competitors of Fold include Cashfree Payments, FinQY and FloatMe. Here is the list of Top 10 competitors of Fold, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cashfree Payments 2015, Bengaluru (India), Series C	Provider of payment gateway and payouts, and identity verification services	$100M	SBI, Musha Ventures & 14 others	69/100
2nd	FinQY 2019, Mumbai (India), Seed	Provider of a technology platform for financial product distribution	$3.54M	AngelBay, KapTable & 29 others	63/100
3rd	FloatMe 2018, San Antonio (United States), Series A	Online platform for cash advance loans	$20.2M	Foundry, ManchesterStory Group & 15 others	59/100
4th	Circit 2015, Dublin (Ireland), Series B	Platform designed for auditors to verify assests	$31.3M	Ten Coves Capital, MiddleGame Ventures & 18 others	56/100
5th	Yavrio 2022, London (United Kingdom), Seed	Provider of open banking solutions for ERP systems	$3.81M	Fuel Ventures, Mainspring Fund Services & 4 others	55/100
6th	OneStack 2019, Gurugram (India), Series A	Provider of banking, payment, investment, insurance, and lending technology solutions	$5.46M	Udtara Ventures, Stride Ventures & 47 others	55/100
7th	Snoop 2018, London (United Kingdom), Acquired	App-based platform for expense management of individuals	$42.3M	Paulson & Co, Deswal Investment Group & 8 others	54/100
8th	armalytix 2019, London (United Kingdom), Seed	Developer of an open banking API	$3.88M	Bank of America, Goldman Sachs & 27 others	54/100
9th	Fold 2019, Bengaluru (India), Funding Raised	Bank Account Aggregation Platform	-	Kira Studio	52/100
10th	Chace 2021, Bengaluru (India), Funding Raised	Provider of website maintenance services	-	Astir Ventures, Soma Capital	49/100