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EXCLUSIVE: Neobank Dave Is Quarters Away From Profitability Says CEO Jason Wilk
Monday, March 20, 2023 - 2:06pm | 1438Dave Inc (NASDAQ: DAVE), the Los Angeles-based neobank targeting demographics ignored or charged excessive fees by bigger banks, just logged a 50% or so rise in revenues during the fourth quarter of 2022. Though the company’s fourth-quarter EPS came in negative and worse than expected, the...
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Dave Inc Tacks On $100M From FTX To Hone Crypto Initiatives, 'Level The Playing Field'
Wednesday, March 23, 2022 - 7:16pm | 284FTX US’s West Realm Shires Services earlier this week announced a strategic partnership with banking app Dave Inc (NASDAQ: DAVE). FTX Ventures also made a $100 million investment in the firm. The development comes as the company looks to build a global liquidity venue. In a December...
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How This Serial Entrepreneur Developed The App Millennials Use To Avoid Overdraft Fees
Tuesday, March 6, 2018 - 1:24pm | 1239Americans spent around $15 billion in overdraft fees in 2016, the most recent year for which data is available, according to the Consumer Financial Protection Bureau. That’s more than the total market cap of Macy’s Inc (NYSE: M), Dicks Sporting Goods Inc (NYSE: DKS), and J C Penney...