Exploring Dave's Market Presence in US Neobanking: A Look at Profitability and Growth
- Ramya Mohan
- Mar 13, 2024
- 6 min read
Dave (Nasdaq: DAVE) has emerged as a prominent U.S. neobank and fintech innovator, publicly listed since January 2022, with a current market valuation of US $441M as of March 11, 2024. Founded by Jason Wilk in 2016, Dave has established itself as a prominent player in the neobanking sector, providing a range of services via a banking app that includes financial insights, overdraft protection, credit building, and opportunities for side gigs, Headquartered in Los Angeles, California.