bullish
How Does Dave Stack up in the Fintech Landscape?
SUMMARY
- In 2017, Los Angeles Based Fintech Platform Dave launched with a simple suite of financial management solutions and tools to save customers from overdraft fees
- Four years later, and 11 million customers strong, the company went public through a SPAC merger with VPC Impact Acquisition Corp III
- However, for Dave, the SPAC transaction could not have come at a worse time, as enthusiasm for SPACs and Fintech Companies are at a three-year low
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