Wallets/dave
Dave
0 standards supported
Overview
Dave is a US neobanking app operated by Dave Inc. (NASDAQ: DAVE), founded 2017 [1, 2]. Dave is best known for small-dollar paycheck advances ("ExtraCash") aimed at helping users avoid overdraft fees, alongside a spending account, debit card and budgeting tools. It went public via SPAC in 2022 and serves millions of members, focused on cost-conscious and underbanked US consumers.
History
2017 — Dave launches [1, 2]: Founded by Jason Wilk (CEO) and co-founders, initially as an overdraft-avoidance / budgeting app named after the "David vs. Goliath" theme against big-bank fees.
2020-2021 — Banking account + growth [2]: Dave added a spending account and debit card and scaled its membership; backed by investors including Mark Cuban.
January 2022 — Public via SPAC (NASDAQ: DAVE) [2]: Dave listed publicly; subsequently focused on its ExtraCash advance product and improving unit economics toward profitability.
Ownership & operator
Operating entity: Dave Inc. (NASDAQ: DAVE).
Founder + CEO: Jason Wilk [2].
Notable backers: Mark Cuban and various venture investors [2].
Regulators: Deposits FDIC-insured via partner bank (Evolve Bank & Trust); state-level money-transmission as applicable.
Technical integration
| Layer | Description |
|---|---|
| Channels | Dave mobile app (iOS + Android) + Dave debit card |
| Identifiers | Email + phone + debit card number + SSN |
| US rails | ACH + card network |
| Card network | Mastercard (Dave debit) |
| Wallets | Apple Pay + Google Pay via EMV tokenization |
| Distinctive | ExtraCash small-dollar advances; budgeting + "Side Hustle" gig listings; overdraft avoidance |
Implementations & partners
Operator: Dave Inc. (NASDAQ-listed).
Partner bank: Evolve Bank & Trust (FDIC-insured account issuance).
Competitors: [[chime]], [[moneylion]], [[current]], [[varo]] and other US earned-wage / cash-advance fintechs.
Status
- Dave Inc. trading on NASDAQ (DAVE) since 2022.
- Cash-advance ("ExtraCash") + banking app for cost-conscious US consumers; partner-bank issued.
- Precise current member/financial metrics vary by quarterly filing; not pinned here (~).
Sources
Source
Biography extracted from dave.md. See matrix.md for standards-support matrix if present.