The first fintech to go public in the new year, the Dave challenger banking app went live on the Nasdaq Thursday, after a successful merger with a Victory Park SPAC.
The founders of the venture capital firm behind the likes of fintech firms Dave, Digit, Joust, Point and Scratch, has...
Popular digital banking app Dave has confirmed it suffered a security breach after a hacker published details of 7.5 million...
We look in detail at the state of marking recently-private-fintechs to the public market in mid-2021. Multiple industry segments have seen IPOs, direct listings, and SPACs transition fintech darlings into traditional stocks. How is performance doing? Is everything as magnificent and rich as we expected? Have multiples and valuations fallen or held steady? The analysis explores the answers and provides an explanatory framework.
Mobile app Dave is trying to help consumers manage their expenses and avoid overdraft fees; its technology provides users with their lowest seven day forecasted balance based on previous spending habits; it also allows customers to borrow up to $250 to cover expenses; the app has received investment from Mark Cuban. Source
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