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What is Lodavo?
Lodavo is Canada's first prize-linked savings app. You link your bank accounts in read-only mode, keep saving in the account you already use, and earn free tickets into weekly cash draws, earning more tickets the more you save. At least $100 goes to someone every week, and matching all seven numbers wins $10,000. Lodavo is free, your money never leaves your own bank, and prizes are funded through referral fees from products and services featured in the app that align with our mission of encouraging better financial decisions and making saving fun.
Key features
- Earn free tickets as you save
- Weekly cash draws up to $10,000
- Money stays in your own bank
- Works with nearly every Canadian bank
- Provably fair, verifiable draws
- Free, no purchase necessary
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