Dave (DAVE) Ticks Higher on Partnership, $100M Investment from Crypto Exchange FTX

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/23/2026

1. SPCX
2. ABBV
3. SPY
4. IBM
5. META
6. MU
7. ACN
8. NVDA
9. BLZE
10. PRIM

Go back to Dave (DAVE) Ticks Higher on Partnership, $100M Investment from Crypto Exchange FTX

FTX Ventures invests $100 million in Dave; companies form strategic partnership

March 21, 2022 4:06 PM EDT

LOS ANGELES, March 21, 2022 (GLOBE NEWSWIRE) -- Dave Inc. (Nasdaq: DAVE) (Dave or the Company), a banking app on a mission to build products that level the financial playing field, today announced a strategic partnership with West Realm Shires Services, Inc., owner and operator of FTX US (FTX US), whereby the companies will work together to expand the digital assets ecosystem. FTX Ventures, a $2B venture fund, has also invested $100 million in Dave.

With this investment, Dave has significantly enhanced its balance sheet with additional resources to expedite its growth strategy and invest... More

Dave Reports Fourth Quarter and Fiscal Year 2021 Financial Results

March 21, 2022 4:05 PM EDT

Provides Fiscal Year 2022 Outlook

LOS ANGELES, March 21, 2022 (GLOBE NEWSWIRE) -- Dave Inc. (Nasdaq: DAVE), a banking app on a mission to build products that level the financial playing field, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2021.

We are pleased with our fourth quarter results, capping off a transformational 2021 for Dave. We reported total operating revenues of $41.2 million in the fourth quarter and now have over 6 million members in the US, said Jason Wilk, Co-Founder and Chief Executive Officer of Dave. Our... More