Mobile payment company Coin will be completely shut down on Feb. 28, the company announced in a post Tuesday.

All product services will be disabled and shut down for Coin users, meaning that users won’t be able to perform tasks like using the mobile app to update cards stored on your Coin. Warranty coverage for Coin products also ended Tuesday, meaning that individual Coin cards be usable until they break or their battery runs out. As Coin’s frequently asked question section notes, the company’s servers with user data will be deleted and permanently shut down.

Founded in 2012, Coin was a payment option that allowed users to consolidate multiple cards onto a single device. However, Coin was acquired by workout accessory company Fitbit last year, who partially shuttered the company in June.

Along with smartwatch companies Pebble and Vector Watch, Coin is one of several companies who were acquired by Fitbit last year. In its quarterly filing, Fitbit also confirmed longheld speculation over the acquisitions Monday by announcing that it plans to enter the smartwatch market.

“Looking forward, we believe Fitbit is in a unique position to stimulate new areas of demand by leveraging the data we collect to deliver a more personalized experience while developing upgraded versions of existing products and launching additional products to expand into new categories.” Fitbit CEO Jack Park said.

Details on the planned smartwatch have yet to be released and although past Coin users are out of luck for future updates, the company’s technology will likely play a role on the fitbit smartwatch.

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