Ottr Finance
Ottr Finance was a Solana-based consumer crypto wallet app that let individual users manage crypto assets and access blockchain financial products including NFTs. The company was acquired by Tools for Humanity in 2024 and its service shut down July 31, 2024.
- Company typePrivate
- Founded2022
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Ottr Finance does
Ottr Finance was a consumer-facing cryptocurrency wallet and financial application built on the Solana blockchain, designed to let individual retail users manage crypto assets and access blockchain-based financial products including NFTs. The company operated as a single mobile-app product distributed direct-to-consumer, targeting a globally dispersed retail crypto audience rather than enterprise or institutional customers. Pricing and specific monetization mechanics were not publicly disclosed, though internal data tagged the revenue model as subscription-recurring; in practice the product appeared to function as a self-serve wallet with no named enterprise logos or disclosed GMV.
Ottr Finance firmographics
Firmographics- Name
- Ottr Finance
- Website
- https://ottr.finance
- Company type
- Private
- Founded year
- 2022
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- Ottr Finance was a Solana-based consumer crypto wallet app that let individual users manage crypto assets and access blockchain financial products including NFTs. The company was acquired by Tools for Humanity in 2024 and its service shut down July 31, 2024.
- Ownership category
- akta.pro rank
Ottr Finance industry classification
Industry- Product category
- Cryptocurrency Wallet
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)
Keywords
Where Ottr Finance is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Markets served
Ottr Finance business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Cryptocurrency Services: Ottr Finance operates as a Solana-based crypto app offering financial products including NFTs. The specific revenue generation mechanisms are not detailed in available sources.
Go-to-market motion1 record
Distribution channels1 record
Ottr Finance product offering
Product offeringCore offering
Ottr Finance built and operated a consumer-facing mobile crypto wallet on the Solana blockchain, enabling individual users to manage digital assets, execute cryptocurrency transactions, and access blockchain-based financial products including NFTs. The application was distributed directly to end users globally with a planned expansion to over 100 countries. The service was discontinued on July 31, 2024 following the company's acquisition by Tools for Humanity.
Product overview
Ottr Finance was a single-product offering: a Solana-based crypto wallet and financial application. The company operated as a unified mobile/app-based product before being acquired by Tools For Humanity in 2024, after which the service was discontinued on July 31, 2024.
Differentiator
Problem solved
Functional benefit
Products and services
- Ottr Finance App (Ottr Wallet) A Solana-based consumer cryptocurrency wallet application that enabled individual users to manage digital assets, execute cryptocurrency transactions, and access blockchain-based financial products including NFTs. Distributed as a mobile app directly to retail crypto users globally with planned expansion to over 100 countries.
Companies that use Ottr Finance
Customer profileSegments1 record
Ideal customer profiles1 record
Ottr Finance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ottr Finance partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Tools For HumanityflagshipTools For Humanity acquired Ottr Finance to support the Worldcoin project. The acquisition was made to integrate Ottr's capabilities into the Worldcoin ecosystem. Service stopped operating on July 31, 2024 following the acquisition.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Ottr Finance competitors and assessment
Company assessmentDirect peers
- Zerion: Zerion is a multi-chain wallet and DeFi portfolio app with mobile and browser clients. Comparable as a consumer-facing crypto wallet with transaction and token-management functionality.
- Rainbow: Rainbow is an Ethereum-focused consumer mobile wallet known for strong UX and NFT support. Comparable as a design-led consumer wallet serving overlapping retail and NFT user use cases.
- Exodus Wallet: Exodus is a multi-chain consumer crypto wallet with desktop and mobile clients, in-app swap and NFT functionality. Comparable as a horizontal, retail-focused wallet with similar feature scope to Ottr.
- Backpack: Backpack (by Coral) is a multi-chain crypto wallet and exchange app with NFT and xNFT support, built by ex-Solana core contributors. Comparable as a Solana-originated consumer wallet targeting similar advanced retail and crypto-native users.
- Phantom Wallet: Phantom is the leading Solana-native consumer crypto wallet, offering asset management, swaps, and NFT functionality. Most directly comparable peer given shared chain focus (Solana), consumer mobile UX, and overlap in target users.
- Solflare: Solflare is a long-standing Solana-native wallet with web and mobile clients, staking, and NFT support. Directly comparable as a Solana-based consumer wallet competing for the same retail user base.
Emerging players
- World App (Worldcoin): World App is the consumer wallet built by Tools for Humanity around the Worldcoin identity protocol. Directly relevant as the acquiring product line that absorbed Ottr's capabilities and roadmap.
Broad incumbents
- Trust Wallet: Trust Wallet (Binance) is a multi-chain consumer mobile wallet with broad token and NFT support. Comparable as an incumbent consumer wallet player competing in the same horizontal mass-market segment.
- MetaMask: MetaMask (ConsenSys) is the dominant EVM consumer self-custody wallet with very large installed base. Broad incumbent in the same consumer wallet category that Ottr targeted, though EVM-centric and far larger in scale.
- Coinbase Wallet: Coinbase Wallet is the self-custody companion to the Coinbase exchange, offering multi-chain asset and NFT management. Comparable as a large, well-funded consumer wallet targeting similar retail crypto users.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat2 records
Key risks1 record
Key highlights5 records
Customer concentration
Ottr Finance social profiles
Digital presenceOttr Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ottr Finance leadership team
Management profileNumber of profiles
Ottr Finance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ottr Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ottr Finance
What does Ottr Finance do?
Ottr Finance built and operated a consumer-facing mobile crypto wallet on the Solana blockchain, enabling individual users to manage digital assets, execute cryptocurrency transactions, and access blockchain-based financial products including NFTs. The application was distributed directly to end users globally with a planned expansion to over 100 countries. The service was discontinued on July 31, 2024 following the company's acquisition by Tools for Humanity.
Is Ottr Finance a public or private company?
Ottr Finance is a private company. It is classified as corporate owned and is currently acquired.
When was Ottr Finance founded?
Ottr Finance was founded in 2022. It employs 1 to 10 people.
Where is Ottr Finance based?
Ottr Finance is headquartered in San Francisco, United States, in the North America region.
How does Ottr Finance make money?
One revenue line is on record: cryptocurrency Services.
Who are Ottr Finance's main competitors?
Direct peers on record are Zerion, Rainbow, Exodus Wallet, Backpack, Phantom Wallet and Solflare. World App (Worldcoin) is listed as an emerging player. Broad incumbents are Trust Wallet, MetaMask and Coinbase Wallet.
Does Ottr Finance have an API?
No public API is recorded for Ottr Finance.
What industry is Ottr Finance in?
Ottr Finance's product category is Cryptocurrency Wallet. Its primary akta.pro industry code is FSADAIAE, On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks. Its NAICS code is 52232 and its SIC code is 6200.