Tagged: jason wilk

Neobank Dave joins American Fintech Council

Neobank Dave this week announced it has joined the American Fintech Council, an industry association representing fintech companies and banks. Dave partners with Evolve Bank & Trust, an FDIC member. “Our members are setting the standard for the responsible use of innovation to increase competition in… Read More

Neobank Dave Repurchases Convertible Note Owned by FTX Ventures

As was previously announced, Neobank Dave (Nasdaq: DAVE) has repurchased a convertible note that was held by FTX Ventures, the VC arm of FTX, initially funded with $2 billion. In a public statement Dave noted the original principle amount was $100 million with a purchase… Read More

Aisera, a Generative AI Solutions Provider, and Neobank Dave Introduce New Product to Enhance UX

Aisera, a pioneer of Generative AI solutions for the enterprise, announced that Dave Inc. (Nasdaq: DAVE), one of the nation’s neobanks, has “leveraged Aisera’s technology to create DaveGPT – a generative AI assistant that offers self-service customer inquiry resolution.” Customized to Dave’s specific business needs,… Read More

Neobank Dave Amends Credit Facility to Increase Capacity, Advance Rate, Reduce Cost of Funds, Extend Maturity

Dave Inc. (Nasdaq: DAVE), one of the nation’s neobanks, has amended its existing Delayed Draw Senior Secured Loan Facility with Victory Park Capital Advisors, LLC, effective September 13, 2023. The amendment to the Credit Facility accomplishes the following: Increases the total size by $50 million… Read More

Neobanking Fintech Dave Members Reportedly Earned $1M+ with Survey Offering

Dave Inc. (NASDAQ: DAVE), which claims to be one of the nation’s leading neobanks, announced that its members “have collectively earned more than $1 million through its new Side Hustle feature, Surveys.” Dave launched Surveys in December 2022 “through an exclusive partnership with survey monetization… Read More

Neobanking Fintech Dave Increases ExtraCash Overdraft Limit to $500, Launches Instant Access

Dave Inc. (NASDAQ: DAVE), a banking app on a mission “to build products that level the financial playing field,” recently announced the rollout of Dave ExtraCash $500 and Instant to eligible new members “with a plan for a full rollout through the summer months.” Dave… Read More

Neobank: Fintech Dave Introduces Cashback Rewards to Spending Members

Dave Inc. (NASDAQ: DAVE) announced the arrival of cash back rewards “for all Dave Spending members with the launch of Dave Rewards.” Dave is the banking app on a mission “to create products that level the financial playing field.” This new offering “enables Dave’s members… Read More

Neobank: Fintech Firm Dave Reports Q1 2022 Financial Results

Dave Inc. (Nasdaq: DAVE, DAVEW), a neobank on a mission to build products that “level the financial playing field,” recently reported its financial results “for the first quarter ended March 31, 2022.” Dave utilizes Evolve Bank & Trust to provide its digital financial services. Jason… Read More

FTX Ventures Invests $100M in Banking App Provider Dave

Dave Inc. (Nasdaq: DAVE), a banking app on a mission to build products that level the financial playing field, has announced a partnership with West Realm Shires Services, Inc., which is the owner and operator of FTX US, “whereby the companies will work together to… Read More

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