Mana raises $7m in seed funding round
Investment to support "rewards-driven financial ecosystem that provides everything gamers need in one place"
Last Friday Mana Interactive announced that it has raised over $7 million in a seed funding round.
Founded in 2021, the Boston-based Mana allows mobile gamers to earn vouchers, gift cards, and virtual currency by completing challenges as they play popular titles such as League of Legends and Clash Royale.
The company said that the investment will go to supporting its development of "creating a complete rewards-driven financial ecosystem that provides everything gamers need in one place."
The funding round was supported by One Way Ventures, Pillar, Quasar Holding Co., Sundance DiGiovanni, and Sandeep Nailwal.
"Mana was developed by creatives who have been part of the gaming industry for decades and wanted to introduce a product that delivers the type of financial experience that reflects who its users are and what they care about," said Joe Zhou, CEO.
"The video game sector is currently untapped by financial applications companies and with its expansive market share and broad audience, brings a major opportunity to offer an all-new service and rewards system that is currently unavailable."