Dave is a leading US challenger bank on a mission to put everyone’s financial mind at ease with free overdraft cash, budgeting and side gigs.
|Funding Status:||Series B|
|Location:||Los Angeles, California, United States|
|Number of employees:||101-250|
|Founders:||Jason Wilk, John Wolanin, Paras Chitakar|
Target geographic market:
|Core product offerings for individual/retail customers||Checking Account|
|Regulators/Compliance||Every account is protected by banking-level security and FDIC-insured up to $250,000|
|The Base Currency||$ (USD)|
|Openning a current account (business and personal)||Free|
|Issuing physical card and delivery||Free|
|Overdrafts||The account doesn't charge overdrafts while still allowing digital bill payments (sends checks on your behalf)|
|(a) a personal account||Yes|
|Last Funding Date||Sep 30, 2019|
|Last Funding Amount||$50M|
|Last Funding Type||Series B|
|Total Funding Amount||$73M|
|Number of Funding Rounds||5|
|Customer/Products segments||Banking, Payments, Personal Finance|
|Type of customers||Individuals|
|Number of investors||15|
|Number of lead investors||1|
|Names of lead investors||Norwest Venture Partners|
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