Neobank Dave said it improved its credit performance over the past year with the use of artificial intelligence (AI). Between the first quarter of 2023 and the first quarter of 2024, Dave reduced its 28-day delinquency rate from 2.60% to 1.83%, the company said in a presentation released...
Digital banking/finance platform Dave says its customers are seeking extra cash. More accurately, they’re seeking ExtraCash, the company’s cash advance program, which saw disbursements jump by double digits since last year, Dave said when announcing its quarterly and year-end earnings Tuesday (March 5). The company’s most recent quarter...
In this month’s PYMNTS Provider Ranking of Digital Banking Apps, all movement came from the lower half of the rankings. Acorns and Ally are making moves upward to compete with the others, while Empower and Albert are falling down. Check below to see how the...
Now that holiday spending is done, you might resolve to take control of your finances in the new year. PYMNTS’ Provider Ranking of Digital Banking Apps can help you decide what your options are to start fresh. Each month, we track metrics in the digital...
June 05, 2024
It’s been quite a year so far for FinTechs in general and neobanks in particular. However, Jason Wilk, CEO of digital banking app Dave, doesn’t view the volatility rocking the FinTech sector in the wake of the Synapse bankruptcy as a long-lived seismic shift. “I think it’s a one off,” he told Karen Webster, “with […]
May 07, 2024
Neobank Dave said it improved its credit performance over the past year with the use of artificial intelligence (AI). Between the first quarter of 2023 and the first quarter of 2024, Dave reduced its 28-day delinquency rate from 2.60% to 1.83%, the company said in a presentation released Tuesday (May 7) in conjunction with its quarterly earnings call. […]
March 05, 2024
Digital banking/finance platform Dave says its customers are seeking extra cash. More accurately, they’re seeking ExtraCash, the company’s cash advance program, which saw disbursements jump by double digits since last year, Dave...
June 02, 2022
FinTech Dave Inc. is making cash back rewards available to all Dave Spending members through the launch of the Dave Rewards program, according to a company press release Thursday (June...
January 03, 2022
FinTech Dave Inc. merged with the publicly traded special purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III Inc. and will go public on Nasdaq on or about on Thursday...
