FTC takes action against US neobank Dave for allegedly “using misleading marketing”
In a statement, Dave says it intends to “vigorously defend ourselves”.
Dave
US neobank Dave achieves profitability over Q4 2023
In Q4 2023, the LA-based neobank generated a GAAP net income of $200,000 and EBITDA of $10 million.
Banking app Dave partners FTX US to explore crypto payments
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
Video: fintech news pick of the week – Nubank raises $750m; Goldman Sachs partners with Visa
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Mark Cuban-backed banking app Dave to go public in $4bn SPAC deal
The two parties claim the deal will be finalised later this year.
