- CEO
- Jason Wilk
- Full Time Employees
- 280
- Sector
- Financial Services
- Industry
- Banks
- Address
- 1265 S. Cochran Avenue Los Angeles CA United States of America 90019
- IPO Date
- Mar 6, 2026
- Business
- Dave Inc. Dave Inc. (Nasdaq: DAVE) operates as a U.S.-based financial technology company and neobank, offering a mobile-first platform that provides banking, credit, and financial wellness tools to over 11 million members, primarily targeting underbanked consumers and younger demographics such as Gen Z and millennials. The company delivers core products and services including Dave Checking, a fee-free digital checking and demand deposit account with early direct deposit up to two days, Round Up savings features, and interest-earning capabilities; ExtraCash, a short-term cash advance product offering up to $500 with no interest or late fees as an alternative to overdraft charges and payday loans; Goals account, a high-yield savings option at 4.00% APY; Budget and Insights tools for personal financial management, income/expense tracking, and budgeting; Side Hustle, a job board connecting users to over 1,000 supplemental work opportunities; and Surveys for paid micro-tasks directly deposited to accounts. Founded in 2017 by Jason Wilk and headquartered in Los Angeles, California, Dave Inc. conducts operations primarily in the United States through partnerships with FDIC-insured sponsor banks such as Evolve Bank & Trust. Recent strategic developments include a non-binding letter of intent signed in November 2024 to partner with a publicly-traded sponsor bank for ExtraCash origination, deposit account management, debit card issuance, ACH processing, and co-development of new banking and credit products, aiming to diversify commercial relationships and support scalability; entry into a five-year Program Agreement announced in February 2025; and expansion of its share repurchase authorization to $125 million in August 2025 amid strong profitability and free cash flow projections.