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Jun 2024Synapse bankruptcy left about 85,000 Yotta customers locked out of savings accounts, with CEO Adam Moelis telling CNBC that about $112 million in savings were affected.
SourceSave money and win prizes up to $10m through weekly number draws.
Company research
Public company, workplace, funding, and market signals
Overview
Yotta is a New York-based consumer fintech app that makes saving feel like a game: users deposit money, earn tickets/entries, and can win cash prizes through daily/weekly drawings, with adjacent debit card, credit card, paycheck, buckets, and pool-play features.
Primary product
Prize-linked savings app with gamified sweepstakes drawings
Founded
2019
Headquarters
33 Irving Pl, New York, New York 10003, United States
Team size
1-10
Work style
Flexible
Industry
Financial Services
Sub-industry
Prize-linked savings / consumer fintech
Business model
Open Positions
4 jobs at Yotta
Research Engineer Intern - AI Systems
RemoteEngineeringUnited States1d ago
Remote