Yotta

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Yotta - overview

Established

2019

Location

New York, NY, US

Primary Industry

Financial Services

About

Based in New York, US, and founded in 2019, Benjamin Financial Services, Co. , doing business as Yotta, operates as a developer of financial technology software that offers a digital savings platform. The company was co-founded by its CEO, Adam Moelis, and CTO, Ben Doyle. In January 2021, Benjamin Financial Services, Co.


raised USD 13. 2 million in a series A funding led by investor Base10 Partners, with participation from another investor, Core Innovation Capital. The company offers a financial savings platform that integrates a lottery system, rewarding savers who select winning numbers. In addition, the company provides users with a comprehensive management suite, enabling customers to maintain control over their finances and foster a sound financial lifestyle.


The platform allows users to link their external bank accounts, deposit money into their Yotta savings account, and earn tickets worth $25 each instead of traditional interest on their savings balances.


Current Investors

Y Combinator, Slow, FundersClub

Primary Industry

Financial Services

Sub Industries

e-Financial, Web Applications, Accounting/Finance Software

Website

www.withyotta.com

Verticals

FinTech, Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.