| Founded | 2017 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Fintech |
| Total raised | 220 |
| Collapse type | Market Exit |
| Founder | Jason Wilk |
Dave Financial
"The $5.7B SPAC neo-bank that became a 97% stock collapse cautionary tale."
Key Events Timeline
Dave Financial built a legitimate niche product: small-dollar advances of $25-$250 to help workers avoid overdraft fees while waiting for their next paycheck.
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