Senior Software Engineer (Yotta) New York
Company: Withyotta
Location: New York
Posted on: March 1, 2025
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Job Description:
Yotta helps Americans make better financial decisions by using
behavioral psychology and gamification to make it fun and easy to
make good decisions. We have grown from $0 to hundreds of millions
in dollars deposited through word of mouth and referrals. Yotta is
backed by world-class investors like Base10, Core Innovation
Capital, YCombinator, Slow Ventures, Ken Moelis, and Cliff Asness.
Yotta was recently featured in Bloomberg. 40% of Americans are
unable to come up with $400 in an emergency, yet the average
household spends $640/year on the lottery, despite the lottery
being the worst economic value proposition there is. Why does this
dichotomy exist? Because playing the lottery is instantly
gratifying and saving isn't. We are making saving money instantly
gratifying so that people can get the long-term benefit. Our first
product is Yotta Savings, a savings account that gives savers the
chance to win exciting prizes on a weekly basis through a gamified
sweepstakes. We were inspired by Premium Bonds, a program in the UK
that works the exact same way and has over $100 billion in deposits
from over 1/3 of the British population. This concept has been
hugely successful in every country it's been tried in, but it was
illegal in the U.S until 2015. We believe that in the next 10
years, Americans will save hundreds of billions of dollars in
prize-linked savings accounts.What we're looking forWe are looking
for a world-class senior backend engineer. As an early employee,
you would have the opportunity to shape key technical and product
decisions for the bank of the future. Banking is one of the last
industries to be disrupted by technology, so there will be no
shortage of hard problems to solve as we grow. Our prize-linked
savings app is built with React Native on the front-end and Node.js
and Postgres hosted on AWS on the back-end. An ideal candidate
would have experience with these technologies. Users LOVE the app;
check out our reviews on the App Store.Why work at YottaYou can
help millions of Americans build up their emergency savings.You
will be one of the first hires of a venture-funded startup that has
grown exponentially in the last few months without any
advertising.Opportunity to drive the vision for the future of
banking and gamification of personal finance.You will be in at the
ground floor and be a true owner in the company, with meaningful
equity and financial upside.Significant autonomy and ability to
contribute to the success of the company.Opportunity to work
cross-functionally at the intersection of product, design, and
engineering.Minimum Requirements
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Keywords: Withyotta, New York , Senior Software Engineer (Yotta) New York, IT / Software / Systems , New York, New York
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