Layup is a New York-based provider of bank-offered prize-linked savings accounts (PLSAs) targeting sports fans. The company has created PLSAs by offering competitive, chance-based sports games that reward saving with increased opportunities to participate in equal-odds sports-based games. Its product aims to provide sports-betting-like engagement without the financial downside, promoting savings instead of losses. A beta version of Layup is currently available on the Apple App Store and the Google Play Store. Led by CEO Owen Monagan and CTO Oisin Tiernan, the company plans to expand product capabilities, recruit talent, and market its game-based savings application to sports fans and other end users. Layup completed a $2.3M Seed financing to support those initiatives.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2023