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Blast

Full company profile

uuid0002dpu

Namestring
Blast
Websiteurl
blast.com
Company typeenum
Private
Founded yearint
2017
Short descriptiontext

Blast is a Newport Beach-based consumer gaming fintech founded in 2017 that helps gamers save and win money by playing games, and has raised at least $12M across rounds in 2018 and 2022, with ConsenSys Mesh as a notable investor.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNewport Beach, United States
HQ citystring
Newport Beach
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
gaming rewards platform, gamer financial services, esports rewards, gameplay savings, gamer loyalty programs
Industry2 codes
1Digital Lottery & iLottery Platforms (Web/App)
CodeMPAEAFADPrimaryYes
2Mobile & F2P Game Studios
CodeMPAFAAABPrimaryNo
NAICS code1 code
  • Other Gambling Industries713290
SIC code1 code
  • Services-Miscellaneous Amusement & Recreation7990
Product category
Gaming Financial Services
Social media profiles2 records
Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
GTM typeB2C
B2C
Offering typeSoftware
Software
Core offering1 text field

Blast provides a platform that helps gamers save and win money by playing their favorite games. The offering combines gaming activity with financial rewards/savings mechanics targeted at individual gamers. It is positioned as a consumer fintech-for-gaming service, not a traditional game publisher.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Blast Gaming Rewards Platform
No data
Peers8 records
TypeDirect peer
Description

Mobile gaming rewards platform where users earn real-world rewards (gift cards, cash) for playing mobile games. Closely mirrors Blast's stated 'save and win money by playing' value proposition in the same mobile-gamer segment.

TypeBroad incumbent
Description

Large-scale rewards and cashback platform that includes gaming as one of many earning activities. Comparable in that it monetizes user time in exchange for monetary rewards, but operates at significantly larger scale and breadth.

TypeDirect peer
Description

Gaming-focused rewards platform letting players earn in-game currency and real prizes for completing gaming tasks. Same 'play games, get rewards' mechanic as Blast's stated proposition.

TypeBroad incumbent
Description

Largest game-streaming platform operating Drops and reward mechanics that let viewers earn in-game items while watching. Adjacent to Blast because it monetizes gamer attention with tangible rewards at massive scale.

TypeDirect peer
Description

Play-to-reward platform where gamers complete quests and reviews in exchange for virtual currency redeemable for games and gift cards. Same target user (gamers) and same earn-for-play mechanic as Blast.

TypeEmerging player
Description

Rewards app that pays users to watch game streams and play mobile games. Closely comparable to Blast in user experience and monetization model, though focused on streaming rather than direct play.

7Cashyy (JustDice)
TypeDirect peer
Description

Mobile gaming rewards app where users earn cash/PayPal payouts for time spent in curated mobile games. Direct competitor in the gamer-rewards space Blast targets.

TypeOthers
Description

Trivia-style live game-show app extension of Swagbucks that pays users real money/prizes for correct answers. Relevant as an example of the 'win money by playing' mechanics Blast describes.

Market position
Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors8 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Blast

Gaming Financial Servicesblast.com

Blast is a Newport Beach-based consumer gaming fintech founded in 2017 that helps gamers save and win money by playing games, and has raised at least $12M across rounds in 2018 and 2022, with ConsenSys Mesh as a notable investor.

Blast firmographics

Firmographics
Name
Blast
Website
https://blast.com
Company type
Private
Founded year
2017
Operating status
Operating
Headcount range
11–50 employees
Short description
Blast is a Newport Beach-based consumer gaming fintech founded in 2017 that helps gamers save and win money by playing games, and has raised at least $12M across rounds in 2018 and 2022, with ConsenSys Mesh as a notable investor.
Ownership category
akta.pro rank

Blast industry classification

Industry
Product category
Gaming Financial Services
NAICS
Other Gambling Industries (713290)
SIC
Services-Miscellaneous Amusement & Recreation (7990)
akta.pro primary industry
Digital Lottery & iLottery Platforms (Web/App) (MPAEAFAD)
akta.pro secondary industry
Mobile & F2P Game Studios (MPAFAAAB)

Keywords

  • Gaming rewards platform
  • Gamer financial services
  • Esports rewards
  • Gameplay savings
  • Gamer loyalty programs

Where Blast is headquartered

Location

Headquarters

HQ city
Newport Beach
HQ country
United States
HQ region
North America

Markets served

Blast business model

Business model
GTM type
B2C
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Blast product offering

Product offering

Core offering

Blast provides a platform that helps gamers save and win money by playing their favorite games. The offering combines gaming activity with financial rewards/savings mechanics targeted at individual gamers. It is positioned as a consumer fintech-for-gaming service, not a traditional game publisher.

Differentiator

Problem solved

Functional benefit

Products and services

  • Blast Gaming Rewards Platform

Companies that use Blast

Customer profile

Ideal customer profiles1 record

Blast technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Blast competitors and assessment

Company assessment

Direct peers

  • Mistplay: Mobile gaming rewards platform where users earn real-world rewards (gift cards, cash) for playing mobile games. Closely mirrors Blast's stated 'save and win money by playing' value proposition in the same mobile-gamer segment.
  • Gamehag: Gaming-focused rewards platform letting players earn in-game currency and real prizes for completing gaming tasks. Same 'play games, get rewards' mechanic as Blast's stated proposition.
  • Bananatic: Play-to-reward platform where gamers complete quests and reviews in exchange for virtual currency redeemable for games and gift cards. Same target user (gamers) and same earn-for-play mechanic as Blast.
  • Cashyy (JustDice): Mobile gaming rewards app where users earn cash/PayPal payouts for time spent in curated mobile games. Direct competitor in the gamer-rewards space Blast targets.

Broad incumbents

  • Swagbucks (Prodege): Large-scale rewards and cashback platform that includes gaming as one of many earning activities. Comparable in that it monetizes user time in exchange for monetary rewards, but operates at significantly larger scale and breadth.
  • Twitch (Amazon): Largest game-streaming platform operating Drops and reward mechanics that let viewers earn in-game items while watching. Adjacent to Blast because it monetizes gamer attention with tangible rewards at massive scale.

Emerging players

  • Loot.tv: Rewards app that pays users to watch game streams and play mobile games. Closely comparable to Blast in user experience and monetization model, though focused on streaming rather than direct play.

Others

  • Swagbucks Live (rebroadcast as Swagbucks): Trivia-style live game-show app extension of Swagbucks that pays users real money/prizes for correct answers. Relevant as an example of the 'win money by playing' mechanics Blast describes.

Market position

Customer concentration

Blast social profiles

Digital presence

Blast financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Blast leadership team

Management profile

Number of profiles

Profiles5 records

Blast funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Blast M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blast

What does Blast do?

Blast provides a platform that helps gamers save and win money by playing their favorite games. The offering combines gaming activity with financial rewards/savings mechanics targeted at individual gamers. It is positioned as a consumer fintech-for-gaming service, not a traditional game publisher.

Is Blast a public or private company?

Blast is a private company. It is classified as venture growth investor backed and is currently operating.

When was Blast founded?

Blast was founded in 2017. It employs 11 to 50 people.

Where is Blast based?

Blast is headquartered in Newport Beach, United States, in the North America region.

Who are Blast's main competitors?

Direct peers on record are Mistplay, Gamehag, Bananatic and Cashyy (JustDice). Broad incumbents are Swagbucks (Prodege) and Twitch (Amazon). Loot.tv is listed as an emerging player. Swagbucks Live (rebroadcast as Swagbucks) is listed as an others.

Does Blast have an API?

No public API is recorded for Blast.

What industry is Blast in?

Blast's product category is Gaming Financial Services. Its primary akta.pro industry code is MPAEAFAD, Digital Lottery & iLottery Platforms (Web/App), with a secondary code of MPAFAAAB, Mobile & F2P Game Studios. Its NAICS code is 713290 and its SIC code is 7990.

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Live signals
VentureBeatUbisoft, Blast continue partnership for Rainbow Six Major in AtlantaUbisoft and Blast are continuing their partnership to produce the final Rainbow Six Siege Major of the 2023 season, with the event taking place in Atlanta from October 30 to November 12. The tournament features a $750,000 prize pool and serves as a qualifier for the Six Invitational 2024 in Brazil, following the success of their previous collaboration in Copenhagen.IBISWorldHow UK Esports are Entering the GameThe UK esports sector is experiencing accelerated growth in viewership and investment, driven by pandemic-era shifts to digital entertainment and significant M&A activity such as Microsoft's acquisition of Activision Blizzard. Industry participants are leveraging strategic partnerships, like Blast's media rights deal with DAZN, and regional developments, including initiatives in the West Midlands and Sunderland, to expand the market beyond its current sponsorship-heavy revenue model.Venture Capital Access OnlineAnt Money Closes Series A Funding Round and Completes Merger with BlastAnt Money, an embedded finance platform based in Newport Beach, California, announced on December 22, 2021 that it raised $20 million in a Series A round led by Franklin Templeton's Franklin Venture Partners, plus Walter Cruttenden, RX3 Ventures, SteelBridge Laboratories and Steelpoint Capital Partners. The company also completed a stock-for-stock merger with Blast, bringing three apps — ATM, Blast and Learn & Earn — under its umbrella.Built In LAFintech Platform Ant Money Secures $20M, Merges With Investing App BlastFintech platform Ant Money has secured $20 million in Series A funding and completed a stock-for-stock merger with investing app Blast. This combination expands Ant Money's portfolio to three applications, integrating Blast's gaming and financial literacy tools with Ant Money's micro-investing platform. The company aims to grow its user base to 3 million by the end of 2022.YahooAnt Money Closes Series A Funding Round and Completes Merger with BlastAnt Money has closed a $20 million Series A funding round led by Franklin Templeton's Franklin Venture Partners and completed its merger with Blast. This strategic move consolidates three applications—ATM, Blast, and Learn & Earn—under the Ant Money umbrella to help users generate micro-income that is automatically invested in the stock market.PR NewswireGame-Based Savings™ Now Available For Dead by Daylight, Rust and Warframe On Blast AppBlast, a fintech company founded by the team behind Acorns, has expanded its Game-Based Savings™ feature to support three additional video games—Dead by Daylight, Rust, and Warframe—bringing the total supported titles to nine including Fortnite, PUBG, and CS:GO. The app rewards gamers for playing by depositing 1 cent per in-game action from a linked checking account into a savings goal, with funds accruing 2% APY interest. The company, headquartered in Newport Beach, California, aims to make Game-Based Savings™ available to 80% of the world's gamers by mid-2020.PR NewswireBlast Debuts at TwitchCon 2019 With New iOS App and Features For PC GamersBlast made its debut appearance at TwitchCon North America in San Diego from September 27-29, 2019, showcasing its financial savings app with new features including expanded Game-Based Savings for PC gamers, Goals, and Goal Boosts with Plasma. The app allows gamers to save money from their personal bank accounts into free Blast savings accounts—earning 2% APY—by completing specific actions in supported PC games such as Fortnite, PUBG, Overwatch, and Counter-Strike: Global Offensive. Blast, founded by the same team behind the micro-investing app Acorns, is leveraging the partnership with behavioral research at UCLA to promote financial wellness among gamers.PR NewswireBlast Announces iOS Savings App Will Debut at TwitchConBlast will showcase its new iOS savings app featuring Game-Based Savings™ at TwitchCon North America from September 27-29, 2019, in San Diego. The app allows gamers to save money from their personal bank accounts to a Blast savings account through gameplay, with added features to enhance the user experience. This launch aims to help more gamers improve their financial behavior while enjoying their gaming activities.PR NewswireFuture Generations Will Save Through GamingBlast, a Game-Based Savings company founded by Acorns co-founder Walter Cruttenden, has launched a mobile app that automatically transfers money from users' checking accounts into FDIC-insured savings accounts based on in-game achievements, offering 2% APY interest. The app, currently available on Android with iOS and PC versions planned, partners with game publishers including Kolbri and Kabam to integrate savings mechanics into gameplay. The company aims to address the financial wellness gap by gamifying savings for the approximately three billion gamers worldwide, with behavioral economist Dr. Shlomo Benartzi advising on the product.YahooHe Launched Acorns and E-Trade's Investment Arm -- Now He's Banking on Video GamesWalter Cruttenden, co-founder of Acorns, launched Blast, a free app that gamifies saving money. The app raised $12 million in its first few months and earned trust from financial players like Tony Robbins. Cruttenden discussed the challenges of aligning with game companies and hiring designers who understand both gaming and fintech.