Dream Sports Shuts Fintech Platform Dream Money Within A Year Of Launch
Economic Times
Fantasy sports major Dream11's parent Dream Sports is winding down its fintech arm Dream Money less than a year after it was launched.
The platform will discontinue operations from July 30, the company said in a notice on its website. Until then, users can access their statements, holdings, and account details. A snapshot of investments made through the platform will be visible under the 'Transaction Summary' section till the end of July, after which Dream Money will stop functioning entirely.Dream Money was launched in August 2025 as an investment and wealth management platform, offering mutual funds, digital gold, fixed deposits, and loans.The fintech push was part of Dream Sports’ diversification drive that began last year, after the company was forced to shut its flagship fantasy sports product Dream11 following the government's ban on real-money gaming platforms.Earlier this year, it launched stock broking platform Dream Street targeted at first-time investors, which runs on a hybrid model combining AI-driven insights with guidance from SEBI-registered analysts.Dream11 itself has been repositioned as a watch-along platform where users can follow gameplay from popular content creators, while Fancode runs a sports OTT service. The group also runs the SaaS platform Dream Horizon.Dream11 has raised $942 million from investors including Tiger Global, Steadview Capital, and Alpha Wave Global, and was last valued at $8 billion, according to Tracxn.