Dave

Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
October 04, 2024  |  Banking

There’s a commonality in financial services — for brick-and-mortar players and for several FinTechs, though the approach may differ: Serving the needs of lower-income households....

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Dave’s ExtraCash Advance Program Grows by 37% Amid Continued Consumer Caution
Dave’s ExtraCash Advance Program Grows by 37% Amid Continued Consumer Caution
August 06, 2024  |  Earnings

Digital banking platform Dave said customers are increasingly turning to its ExtraCash offering. Originations for the cash advance program reached $1.2 billion for the company’s...

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Dave CEO: Cash Flow-Based Underwriting Critical to Helping Paycheck-to-Paycheck Consumer
Dave CEO: Cash Flow-Based Underwriting Critical to Helping Paycheck-to-Paycheck Consumer
June 05, 2024  |  Digital-First Banking

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...

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Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
May 07, 2024  |  Earnings

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...

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Dave’s ExtraCash Jumps 29% as Consumers Seek Emergency Funds
Dave’s ExtraCash Jumps 29% as Consumers Seek Emergency Funds
March 05, 2024  |  Earnings

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...

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Wise Closing In on Revolut in Provider Ranking of Digital Banking Apps
Wise Closing In on Revolut in Provider Ranking of Digital Banking Apps
January 29, 2024  |  Digital Banking

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...

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Revolut Scores Perfect 100 in Provider Ranking of Digital Banking Apps
Revolut Scores Perfect 100 in Provider Ranking of Digital Banking Apps
December 27, 2023  |  Digital Banking

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...

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Revolut Nets Perfect Score in PYMNTS Provider Ranking of Digital Banking
Revolut Nets Perfect Score in PYMNTS Provider Ranking of Digital Banking
November 28, 2023  |  Digital Banking

Managing your finances has never been easier, with smartphones closing the gap between you and your money. But with a plethora of apps to choose...

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Revolut Tops PYMNTS Provider Ranking of Digital Banking
Revolut Tops PYMNTS Provider Ranking of Digital Banking
October 18, 2023  |  Digital Banking

Many apps slipped in PYMNTS’ Provider Ranking of Digital Banking this month. Revolut secured the top spot, beating Chime down a few rankings. Let’s get...

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