Long Game is a savings platform. Long Game encourages people to create and build a savings account in a way that’s fun and accessible — by rewarding them with real prizes for positive saving behaviors.
How does it work? It’s a concept called “Prize-Linked Savings” — and it’s already helped millions of people outside the United States save billions of dollars. As savers maintain and grow their savings, they are rewarded with entries to play games where they can win real prizes.
The money in a Long Game account is always accessible and can be withdrawn at any time. The best part is that savers get chances to win up to $1,000,000 for maintaining and growing their balances.
Long Game is the first company to bring Prize-Linked Savings to the American market — and thanks to the American Savings and Promotion Act (ASPA) of 2014, this new savings mechanism is federally authorized. Long Game is inspired by the ASPA, but due to the current legal landscape, relies on sweepstake law to run savings promotions. Using Long Game, savers receive entries into sweepstakes for saving their money, and these entries allow them to play for prizes (see official rules for details). Savers never lose their money.
Long Game awards up to $5,000 daily in prizes. Guaranteed $500 and $100 winners every week with chances to win $100,000 and $1,000,000.
Location: United States, California, San Francisco
Employees: 11-50
Total raised: $6.6M
Founded date: 2015
Investors 3
Date | Name | Website |
- | Baruch Fut... | baruch.vc |
- | For Good V... | forgoodven... |
- | StartX | startx.com |
Funding Rounds 1
Date | Series | Amount | Investors |
23.05.2017 | Seed | $6.6M | - |
Mentions in press and media 12
Date | Title | Description | Source |
03.05.2022 | Banking giant Truist acquires fintech startup Long Game in e... | Truist — one of the nation’s largest financial institutions — has acquired Long Game, a 12-person fi... | techcrunch... |
03.05.2022 | This private equity firm is sharing returns with portfolio c... | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ... | fortune.co... |
02.06.2021 | Fidelity National Information Services : Banking-as-a-Servic... | Key facts: FIS and The Venture Center announce the ten growth-stage fintech companies selected to ta... | marketscre... |
26.03.2021 | Robinhood app makes Wall Street feel like a game to win. Tha... | Wall Street has long been likened to a casino. Robinhood, an investment app that just filed plans fo... | technical.... |
23.05.2017 | Long Game raises $6.6 million to gamify savings | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn m... | venturebea... |
23.05.2017 | Long Game raises $6.6 million to gamify savings | Buying a lottery ticket is fun and easy, but for many people, the only time they’ll ever put money a... | venturebea... |
23.05.2017 | Long Game Raises $4m in Seed Funding | Long Game, a San Francisco, CA-based personal finance app, raised $4m in seed funding. Backers inclu... | finsmes.co... |
23.05.2017 | Long Game Lands $4M Seed Round | SAN FRANCISCO, CA, Long Game announced today that it has raised $4 million in seed funding. >&... | vcnewsdail... |
23.05.2017 | Long Game raises $6.6 million for a savings account that dou... | Long Game is a bank account, with a twist. Every dollar saved can go toward winning a lottery. The p... | techcrunch... |
23.05.2017 | Term Sheet — Tuesday, May 23 | FALSE START Good morning – today’s column didn’t come together in time. Back tomorrow! • Can China S... | fortune.co... |
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