What happens to your Yotta accounts when you die
Covers 2 deposit accounts — all transfer through probate
Brand change
Yotta's savings and debit products are no longer functional. Yotta was never a bank; deposits were held at partner banks (Evolve Bank & Trust, Thread Bank) through Synapse Financial Technologies, which collapsed into bankruptcy in May 2024 and froze roughly $112 million belonging to 85,000 customers. Yotta has since pivoted to a sweepstakes gaming app and no longer offers deposit accounts. This page is retained only for estate settlement of frozen pre-collapse balances. There is no successor deposit institution. The Synapse Chapter 11 case was DISMISSED in November 2025 for lack of funds, so there is no longer an active bankruptcy-trustee claims channel; recovery of any residual balance now runs through the partner banks (which distribute from their own records) and the CFPB Civil Penalty Fund. Effective May 2024.
The procedures below reflect Yotta's accounts. Account servicing may transfer as the change takes effect.
Yotta Customer Support
Yotta Technologies, Inc., 41 E. 11th St., 11th Floor, New York, NY 10003
Yotta Customer Support
Yotta Technologies, Inc., 41 E. 11th St., 11th Floor, New York, NY 10003
Yotta Customer Support
Yotta Technologies, Inc., 41 E. 11th St., 11th Floor, New York, NY 10003
Yotta does not currently support beneficiary designations, transfer-on-death registrations, or trust account titling on any account type. All Yotta accounts pass through the estate at death and may require probate.
When an account holder dies, the executor or administrator will need to contact Yotta with a death certificate and legal authority documents to claim account balances. The process and required documents are covered on the death claim page.
Yotta does not currently support beneficiary designations (POD or TOD) on any account type. All accounts transfer through the estate at death and may require probate.
Why trust accounts are not available
Yotta does not support retitling accounts into a trust, naming a trust as beneficiary, or any other probate-avoidance mechanism. Account balances transfer through the estate at death.
Yotta Prize-Linked Savings (Discontinued)
DISCONTINUED: This product was discontinued in mid-2024 when Yotta pivoted to a sweepstakes casino app. Included here only for estate planning purposes (frozen accounts, death claims). Originally a prize-linked savings account where users received 1 ticket per $25 deposited for weekly number-draw sweepstakes with prizes ranging from $0.02 to $1 million. Deposits were held at Evolve Bank & Trust through Synapse middleware. Yotta did not support beneficiary (POD) designations per its help center documentation. Accounts could not be retitled to a trust. Without a beneficiary designation, the account passes through the decedent's estate and is subject to probate. CRITICAL: As of May 2024, approximately $112 million in customer deposits were frozen due to the Synapse/Evolve collapse. Most customers have not recovered their full funds as of early 2026.
Yotta Debit Account (Discontinued)
DISCONTINUED: This product was discontinued in mid-2024 when Yotta pivoted to a sweepstakes casino app. Included here only for estate planning purposes (frozen accounts, death claims). Originally a debit card account linked to the Yotta savings platform. Spending with the Yotta Debit card earned "Boxes" for chances to win cash and additional tickets. Deposits were held at Evolve Bank & Trust through Synapse middleware. Yotta did not support beneficiary (POD) designations. Accounts could not be retitled to a trust. Without a beneficiary designation, the account passes through the decedent's estate and is subject to probate. CRITICAL: Funds have been largely inaccessible since the May 2024 Synapse collapse.
Sources
- withyotta.com
- cnbc.com
- consumerfinance.gov
- games.withyotta.com
- help.withyotta.com
- americanbanker.com
- bankingdive.com
- crowdfundinsider.com
- dfpi.ca.gov
- fortune.com
Data sourced from Yotta primary sources (20 pages reviewed). How we research.
Yotta Customer Support
Yotta Technologies, Inc., 41 E. 11th St., 11th Floor, New York, NY 10003
Yotta Customer Support
Yotta Technologies, Inc., 41 E. 11th St., 11th Floor, New York, NY 10003
Yotta Customer Support
Yotta Technologies, Inc., 41 E. 11th St., 11th Floor, New York, NY 10003
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