Dave Inc. (Nasdaq: DAVE) has appointed Gopi Kuchimanchi as Chief Technology Officer, effective immediately, according to a press release from the Los Angeles-based neobank.

Kuchimanchi joined Dave in 2021 and was named VP of Technology in 2023. He previously held senior roles at Happen Bank, formerly known as LendingClub, and Flexport. In his new role, he will continue to report directly to founder and CEO Jason Wilk.

Kuchimanchi has been involved in developing Dave's AI-based underwriting engine, called CashAI, as well as the company's payments and banking infrastructure.

"Gopi has been instrumental in building the technical foundation that powers Dave's products and supports our growth," Wilk said. "His leadership of our technology strategy will further strengthen our capacity to develop and launch new products and execute against our growth algorithm."

"AI is foundational to how we build, decide and operate across our functions and products," Kuchimanchi said. "As we execute our multi-product growth strategy, I'm excited to continue strengthening our platform, enabling our teams to innovate faster and delivering even more value for our members."