San Francisco based digital banking startup that incorporates cash prizes raised $4.3m in Seed funding led by Accomplice, Bling Capital, Coatue, SciFi VC, and World Innovation Lab.
“Now more than ever, Americans need to be saving money to protect their future. But we know that saving can be hard to prioritize, and our goal is to reduce the barrier to saving money by making it fun in two unique ways. First, we guarantee a total of $50,000 in real cash prizes every month, and second, our referral program makes saving a social activity — so that you can save and win together,” said Frank Chien, co-founder, and CEO of PrizePool.