Play-to-earn mobile app MoneyTime has closed a $3 million seed round to fuel expansion of its rewarded gaming platform. The funding, led by Akin Babayigit's Arcadia Gaming Partners, will go toward feature development, geographic growth, and deeper integration into the mobile gaming ecosystem.
MoneyTime operates in 30 countries and pays users cash for playing mobile games. The app launched in January 2024 and has crossed two million downloads, showing steady traction in a space where players expect direct compensation for their time.
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How MoneyTime Works
The Ireland-based company is run by CEO David White, who previously held a senior business development role at AppLovin focused on new initiatives. Co-founder Benoit Prunneaux rounds out the leadership team. Their model is straightforward: play games through the app, earn real money without touching tokens or wallets.
The fresh capital will fund an expanded game library, better performance across devices, and entry into additional markets. MoneyTime is betting on simplicity over complexity, keeping the reward structure cash-based and avoiding the friction that comes with crypto onboarding. The team wants the platform to feel like a natural extension of mobile gaming, not a side hustle that requires a tutorial.
White has said the goal is to flip traditional monetization on its head by giving players a cut of the value they generate. The funding accelerates that vision while supporting the infrastructure needed to scale globally.
Arcadia Gaming Partners Steps In
Arcadia Gaming Partners, the firm behind this round, manages a $100 million fund and has deep roots in mobile game publishing and monetization strategy. Babayigit, who founded Arcadia, has been backing studios and platforms across the industry, and MoneyTime fits squarely into that thesis.
Babayigit pointed to MoneyTime's rapid scaling and efficient use of early resources as key reasons for the investment. Beyond capital, Arcadia is expected to provide operational support as MoneyTime builds out partnerships and refines its rewarded play infrastructure.
Arcadia's portfolio includes hybridcasual puzzle game Pixel Flow and developer Iron Games, reflecting a broader focus on emerging monetization models and mobile-first experiences.
Where This Fits in Play-to-Earn
MoneyTime sits in the play-to-earn category but skips the blockchain layer entirely. No wallets, no tokens, no gas fees. Just cash tied to gameplay. That makes it accessible to casual players who want rewards without needing to understand web3 infrastructure.
Rewarded play is becoming a bigger piece of mobile gaming, blending advertising revenue, engagement mechanics, and performance-based payouts. MoneyTime's approach is to pay users directly for their time and attention, aiming to boost retention while giving players something tangible in return for their sessions.
With two million downloads and $3 million in new funding, MoneyTime is positioned to grow its footprint in the mobile play-to-earn space as more platforms compete for players who expect to be paid for their engagement.
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Frequently Asked Questions (FAQs)
What is MoneyTime?
MoneyTime is a mobile app that pays users real cash for playing games on its platform.
How much funding did MoneyTime raise?
MoneyTime raised $3 million in seed funding to expand its platform, improve features, and enter new markets.
Who led MoneyTime's investment round?
Arcadia Gaming Partners, founded by Akin Babayigit, led the round.
Where is MoneyTime available?
The app is live in 30 countries and expanding into additional regions.
When was MoneyTime launched?
MoneyTime launched in January 2024 and has since passed two million downloads.
Is MoneyTime a web3 platform?
No. MoneyTime uses a simple cash reward system and does not require tokens, wallets, or blockchain infrastructure.
What will MoneyTime use the funding for?
The company will use the funding to improve user experience, expand its game catalog, enter new markets, and accelerate product development.
