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Founded Year



Series A | Alive

Total Raised


Last Raised

$13.2M | 3 yrs ago

About Yotta

Yotta operates as a financial technology company. The company offers solutions including prize-linked savings, paycheck perks, debit cards, credit cards, buckets, Yotta pay, pool play, and more. It was founded in 2019 and is based in New York, New York.

Headquarters Location

45 East 22nd Street #26B

New York, New York, 10010,

United States

+1 (844) 945-3449


Yotta's Product Videos

Yotta's Products & Differentiators

    Prize-linked Savings

    Inspired by Premium Bonds (a government run prize linked savings account in the UK) and Freakonomics (Is America Ready for a “No-Lose Lottery”?), Yotta offers Prize-Linked Savings Accounts to encourage our users to save more. For every $25 a Yotta user saves in their FDIC-insured account they earn 1 weekly recurring ticket to cash prize sweepstakes ranging with prizes ranging from $0.10 to the $10m jackpot. For example, if a user deposits $100, they’ll earn 4 tickets each and every week without needing to make new deposits. On top of prizes (where the majority of value is obtained) Yotta pays a base savings reward of 0.20%, more than double the national average.


Research containing Yotta

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Yotta in 1 CB Insights research brief, most recently on Dec 1, 2021.

Expert Collections containing Yotta

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Yotta is included in 4 Expert Collections, including Wealth Tech.


Wealth Tech

2,053 items

Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.


Financial Wellness

245 items

Track startups and capture company information and workflow.



8,123 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.


Digital Banking

220 items

Challenger bank offer digitally native banking products (checking and savings account at the most basic) and either leverage partner banks or are fully-licensed banks themselves.

Latest Yotta News

5 things to know about the Yotta credit card – NerdWallet

Dec 10, 2022

- Advertisement - Yotta combines the nail-biting uncertainty of buying lottery tickets with the ability to build credit card credit. The Yotta Card, designed as a rewards linked financial product, does not guarantee that you will earn rewards like other cards. Instead, every purchase you make gives you the opportunity to pay for that purchase as a reimbursement to your Yotta account. You can get reimbursed up to $5,000, so hopefully you won a free refrigerator and not a free pack of gum. - Advertisement - In addition to games of chance, the $0-annual-fee Yotta Credit Card has several other unique features. It helps you build credit by allowing you to spend only up to a certain amount each month that you set. Plus, payments are made automatically for you each month, so you avoid making late payments or skipping credit card bills. On top of that, no credit check is required. - Advertisement - 1. You must be using Yotta to be eligible - Advertisement - You must be a Yotta user to apply for the Yotta Credit Card. Yotta offers a savings account and debit card, both of which come with the potential to win rewards when you save or shop. Your Yotta Credit Card payment is charged to your Yotta Account. 2. The prizes are kinda rubbish… You have a 2% chance to get paid for your next purchase when you use the Yotta Credit Card, and up to 20% when you use the card at participating “Lucky Deal” merchants increases. Officially, your basic odds of a free buy are 1-100. The chances increase if you tell a friend about the card. But wait because — as you often hear with these types of promotions — there’s more! Every time you spend $5, you’re entered into the weekly $10 million sweepstakes. Spend $2,000 in the first four months you own the card and you’ll be entered into the next contest 2,000 times. 3. …but the card is designed for credit-building The Yotta Credit Card is a starter card with limits that can help you build credit. No credit check is required to apply, nor do you have to make a set security deposit like you do with a more traditional secured credit card. You set your spending limit by putting money into “buckets” of your Yotta account. Whatever is in the bucket is yours to spend on the card, so the risk of overspending is eliminated. In other words, you can’t get into debt with a Yotta credit card. Equifax is notified of the payment by Yotta’s financial services partner Synapse, but the credit is not used. This means you can charge up to your spending limit without negatively affecting your credit. (With traditional credit cards, the rule of thumb is to avoid charging more than 30% of your total credit limit each month.) Late payments, which can lead to fees and a significant ding to your credit score, are near impossible with the Yotta credit card. Your payment is automatically made on the 15th of each month. 4. It may leave you unprepared for more specialized cards These types of training wheels can be helpful for credit-card beginners, but once you’re ready to move up to better products, you may find it difficult to manage a card without such guardrails. Is. Cards with more generous cash-back or travel rewards will leave too much work for the user. It’s possible to spend more than you can pay back, which can lead to costly, high-interest credit card debt. You might accidentally miss a payment or max out your credit limit. Still, you can use the card’s features to set up some railing for yourself. Text or email alerts, which you can create by logging into your account online or through the issuer’s app, can notify you of upcoming payment due dates, high balances or fees over a certain amount. Setting up automatic payments – late payments can be prevented if you have enough funds in your bank account to cover your bills. 5. Card availability is limited If you were hoping to get the Yotta Credit Card, there will be a wait, as the card is currently out of stock. In the meantime, you can sign up for a Yotta account and you’ll be notified when the card becomes available again. Residents of Alabama, Indiana, Kentucky, Mississippi, Nevada, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming cannot get the Yotta Credit Card at all.

Yotta Frequently Asked Questions (FAQ)

  • When was Yotta founded?

    Yotta was founded in 2019.

  • Where is Yotta's headquarters?

    Yotta's headquarters is located at 45 East 22nd Street, New York.

  • What is Yotta's latest funding round?

    Yotta's latest funding round is Series A.

  • How much did Yotta raise?

    Yotta raised a total of $16.76M.

  • Who are the investors of Yotta?

    Investors of Yotta include Y Combinator, Slow Ventures, Base10 Partners, Kube VC, Core Innovation Capital and 8 more.

  • Who are Yotta's competitors?

    Competitors of Yotta include Tellus and 8 more.

  • What products does Yotta offer?

    Yotta's products include Prize-linked Savings and 2 more.


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