Bitcoin shopping app Fold financing $2.5 million, will bring lightning network to retailers

On September 25th, Lightning's network-friendly Fold app allows users to buy goods such as clothes and pizza in Bitcoin and earn bitcoin as a reward. Fold product director Will Reeves said the company has been spun off from Thesis and completed $2.5 million in financing. Reeves said the funds will be used to strengthen the relationship between cryptocurrency and retail.