Dave

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.

Overview

Type:	Private
Funding Status:	Series B
Foundation year:	2016
Location:	Los Angeles, California, United States
Number of employees:	101-250
Founders:	Jason Wilk, John Wolanin, Paras Chitakar
Website:	https://dave.com/

Target geographic market:

North America

About Product/Service

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
Monthly fees	$1
Issuing physical card and delivery	Free
Money transfers/payments	Free
ATM withdrawals	Free
Overdrafts	The account doesn't charge overdrafts while still allowing digital bill payments (sends checks on your behalf)
(a) a personal account	Yes

Key people

Jason Wilk Co-founder and CEO

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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