Dream Sports pulls plug on wealth platform Dream Money
01 Jul 2026, 12:28 PMWhile the app will remain accessible until July 30, it will cease functioning thereafter.
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Sports technology company Dream Sports, the parent of Dream11, has shut down its wealth management venture Dream Money, ending the platform’s operations less than a year after its launch as part of the firm's efforts to diversify beyond online gaming.
The company on its website informed users that Dream Money has discontinued all services with immediate effect, including digital gold investments, mutual fund distribution, fixed deposits, and lending products. While the app will remain accessible until July 30, it will cease functioning thereafter.
Dream Sports has stopped onboarding new customers and is no longer accepting fresh investments or loan applications. The company will also discontinue all active systematic investment plans (SIPs) from July 7.
Existing customer investments will continue to remain active. Mutual fund holdings will be serviced by the respective asset management companies, fixed deposits will remain with partner banks, loan accounts will continue to be managed by lending partners, and digital gold holdings will be transferred to digital gold platform Augmont with which it had struck partnership.
The company did not disclose any specific reason for winding down the platform.
Dream Money was launched in August 2025, shortly after regulatory actions intensified scrutiny of the online real-money gaming industry. The platform offered a range of financial products, including mutual funds, digital gold, fixed deposits, and credit solutions through a single app.
The closure follows the recent shutdown of Dream Play, an AI-powered sports performance analytics platform that Dream Sports discontinued earlier this month. The moves come amid broader changes within the company as the online gaming sector faces regulatory and tax-related challenges.
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