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Yotta

Save money and win prizes up to $10m through weekly number draws.

Y CombinatorSummer 2020ActiveFintechConsumer FinanceNeobank

What they do

Problem

Many consumers struggle to stay motivated to save money and earn meaningful returns on their deposits.

Solution

Yotta is a savings product that pays above-average interest and adds weekly lottery-style prize drawings (up to $10M) to incentivize saving.

Who it's for

Consumers who want a savings account with higher yields and prize-based incentives.

Founders

Adam Moelis
Founder

Wharton '14 Investment Analyst @ Goldman Sachs Data Product Analyst @ YipitData Co-founder @ Yotta

Ben Doyle
Founder

https://www.withyotta.com/

Company timeline

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