Yotta
Curated by SignalRetail challenger bank offering prize-linked savings and debit services.
Overview
Yotta operates as a retail challenger bank that focuses on personal finance through its Prize-Linked Savings account, referred to as the I-Bonds Bucket. This account allows users to earn rewards and enter daily prize draws as an incentive for saving. Yotta also offers a Yotta Debit Card, which includes benefits such as ticket rewards and free ATM access. The company generates revenue from interest on deposits and interchange fees from card transactions. Fund management is conducted in partnership with established banks to ensure security. Yotta aims to change the perception of saving by making it more engaging.
Key facts
- Founded
- 2020
- Headquarters
- New York City, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Banks
Tags
Business model
- GTM channel
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- 1 product or service
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Contact
- Primary office
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