Fatigue & no-shows
Money stress hits shifts
Staff money worries show up as fatigue, mistakes, sickness and no-shows.
Built for UK SMEs
Turn employee savings into a weekly prize draw.
PrizeBNK is a prize-linked savings app that UK employers offer as a financial wellbeing benefit, helping staff build emergency savings and win weekly cash prizes without extra payroll admin.
For teams of 10-500 · Around £5/employee/mo · No payroll integration
Less stress, more focus
Engagement your team actually shows up for
The problem
Money stress shows up at work as lost focus, missed shifts and staff turnover.
UK SMEs with 10-500 employees often see financial worry turn into fatigue, mistakes, sickness and churn. Helping staff save regularly is one of the simplest ways to reduce that stress - and it costs far less than replacing good people.
Thousands per leaver
Churn is expensive
Replacing one key team member costs thousands in recruitment and training.
<8% engagement
Unused benefits
Most workplace benefits go unused - EAP engagement is often in single digits.
For employers
Why employers choose PrizeBNK
PrizeBNK turns saving into something employees look forward to every week, while giving you a simple, low-friction financial wellbeing benefit built around prize-linked savings and weekly cash draws.
Reduce money-related stress
Help employees build up savings over time so they feel more secure and less distracted at work.
Make saving exciting
Weekly prize draws turn saving into something staff look forward to, not another chore.
Offer a benefit people talk about
Fun, rewarding and easy to join - a visible commitment to your team's financial wellbeing.
No complex payroll changes
No lending, no salary advances, no IT integration. Most teams are live in under an hour.
How it works
How PrizeBNK works
1
Employer signs up
We onboard your company and give you simple tools to invite employees. There is no need to change payroll and no new bank accounts to open.
2
Employees download the PrizeBNK app
Staff download the PrizeBNK app, securely connect their existing bank account, and set a savings goal that works for them.
3
Savings create weekly prize entries
Every week, qualifying savings give employees entries into cash prize draws. Their money stays safely in their own account - no gambling, no loss of savings.
4
Prizes and progress keep people engaged
Employees see their savings grow and have regular chances to win. You see higher engagement and a clear story around financial wellbeing in your team.
For employees
Why employees love PrizeBNK
PrizeBNK makes it easier - and more fun - for everyday savers to build a safety net.
Save at your own pace from your existing bank account.
See your progress and feel more in control of your money.
Get entries into weekly prize draws just by keeping money saved.
Never risk your savings - you keep what you put in.
My mission is to make financial security an exciting, achievable goal for every team member - and to give operators a way to genuinely be heroes for the people who keep their business running.
Sanil Xavier
Founder, PrizeBNK
Proudly supported by
20-minute demo
See PrizeBNK in action.
Book a short demo and we'll show you how employees save, earn weekly prize draw entries, and stay engaged - and how easy it is for your team to get started.
FAQ
Everything you need to know
Who is PrizeBNK for?
PrizeBNK is for UK SMEs with roughly 10-500 employees who want to give their staff a practical financial wellbeing benefit built around prize-linked savings and weekly cash draws.
How much does PrizeBNK cost?
Most teams pay around £5 per employee per month. Pricing adjusts based on team size and support level, and we'll walk through exact figures in a short demo.
Do we need to change payroll or HR systems?
No. PrizeBNK does not plug into payroll or HR systems. Staff join the programme directly via the app, so there is no extra admin for your team.
Is this a replacement for existing benefits?
No. PrizeBNK sits alongside your existing benefits and EAPs. It gives staff an engaging way to build savings and a safety net, without replacing anything you already offer.
How quickly can we get started?
Most teams are live in under an hour after the demo call. Staff join via a simple link or QR code, with no payroll or HR integration to set up.
From LinkedIn
Latest from our founder
Follow Sanil for stories on workplace financial wellbeing, UK SMEs, and building PrizeBNK.
Follow on LinkedInNew posts coming soon. In the meantime, head over to LinkedIn for the latest updates.
Next steps
Offer a benefit your team will actually use.
Book a 20-minute demo to see how prize-linked savings and weekly cash draws help your employees save and stay engaged.
- No payroll integration
- Around £5/employee/month
- Weekly prize draws
- Live in under an hour