Press and media
Writing about Lodavo? Here’s everything you need in one place: the boilerplate, the facts worth checking, what has already been published, and our logos. If something is missing, just ask.
Boilerplate
Lodavo is Canada’s first prize-linked savings app, founded in Montreal in 2024 and launched across Canada in April 2026, and it’s coming to the US. It’s free, and your savings stay in your own bank account. In Canada, every $25 you have saved earns a free ticket into a weekly cash draw, where someone wins at least $100 every week, and matching all seven numbers wins the $10,000 jackpot.
Fast facts
- Founded
- Montreal, 2024
- Canadian launch
- April 30, 2026, on iOS and Android
- US launch
- Coming state by state, with a waitlist open now
- What it is
- A free prize-linked savings app, not a bank or a savings account
- Where the money sits
- In the user’s own bank account. Lodavo connects read-only and never holds or moves a cent
- How tickets work
- In Canada, one free ticket each week for every $25 saved
- Weekly prizes
- In Canada, at least $100 every week. Matching all seven numbers wins the $10,000 jackpot
- Draw integrity
- Every draw is locked in before any numbers are picked, and anyone can verify the result
- Backing
- Fintech Cadence and Station Fintech
- Languages
- English and French, open to residents across Canada
US prizes, odds and official rules will be announced at launch. The draw method is documented on our provably fair page.
Coverage
Published coverage of Lodavo, most recent first.
- Le DroitIn French
L’épargne-loterie: de la dopamine à la place des intérêts
- Canadian FintechNewsletter mention
Canadian Fintech: KOHO the Telco? ☎️
- Fintech.ca
Lodavo Launches Canada’s First Prize-Linked Savings App
- CTV News
Savings nerd develops money management app in Montreal to help younger generations
- Global News
Quebec startup launches gamified savings app targeting young Canadians
- MSNSyndicated
Quebec startup launches gamified savings app targeting young Canadians
- Yahoo NewsSyndicated
Quebec startup launches gamified savings app targeting young Canadians
- Concordia University
New app encourages students and young adults to stash their cash
Brand assets
Please use these as supplied, without recoloring or stretching them. For product screenshots, just ask.
Logo
The mark and the wordmark together. The usual choice for a story about the company.
Logo mark
The roundel on its own, for somewhere small like an avatar.
App icon
The rounded tile from a phone home screen.
Press contact
For interviews, data requests, or anything you want confirmed before you publish, email us and we’ll get back to you quickly.
More about the team and why we built this on our about page.
Prize-linked savings, coming to the US
Want Lodavo in your state?
With Lodavo, saving earns you free tickets for weekly cash prize draws, and your money stays in your own account. It’s already live in Canada.
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