Dave Inc, a banking app focused on helping people minimize fees often associated with legacy bank accounts, recently went public via a reverse merger with VPC Impact Acquisition Holdings III Inc. The company, launched in 2017, has an estimated valuation of $4B. Dave currently has a customer base of 10 million, with transaction revenue growing 956% year-over-year and service revenue increasing 22%.
Fintech Dave Inc announces NASDAQ debut following SPAC merger