Dave is a banking app on a mission to create financial opportunity that advances America’s collective potential.
Dave is upending the banking industry with its suite of breakthrough financial products. From banking with no hidden fees, free access to $250 of overdraft, credit building and access to additional side work opportunities, Dave products are improving the financial health of its members. The company is also one of the fastest growing financial apps in history with more than 12 million members in under 4 years.
As the finance version of David and Goliath taking on the big banks, Dave helps its 12 million customers budget, find work, build credit, and access income to cover immediate expenses. Dave is designed to stand in for the friend or family member that you turn to for immediate money or financial advice.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Sep 30, 2019 | Series B | $50M | 1 | Norwest Venture Partners | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Norwest Venture Partners | Yes | Series B |