Beto, a mobile payments company based in Austin, Texas, announced a $10 million contest Friday to choose the “Best Mobile App” of the 2018 Apple App Store awards.
The winner will be awarded a $1 million prize and the opportunity to open a mobile payment business, according to the company’s website.
The contest was first announced in October and will run through Nov. 3.
The contest is open to all Apple devices, and Beto’s app was the top-grossing mobile app of 2018.
The company said it is offering $10 in cash and prizes.
The company, founded in 2015, says its mobile payments service lets users pay for purchases with credit cards, pay with bitcoin and wire money to pay for things like rent or travel.
It says it has more than 1 million active users, with another 4 million using its mobile payment app.