Dave Inc. specializes in neobanking and financial technology (fintech) services. The Company has built an integrated and fully digital financial services platform that provides millions of Americans with a variety of financial products. The Company offers cash advances through its flagship 0% interest ExtraCash product. Through its Banking, the Company provides a digital checking account service, integrated with ExtraCash advances. Its members can have access to tools for building long-term financial health, such as goals savings accounts and customizable automatic round-up savings on debit spend transactions. Its ExtraCash and banking products are offered through its bank partner, Evolve Bank & Trust. It also helps members generate extra income for spending or emergencies through its Side Hustle product, where the Company presents members with supplemental work opportunities, and through its Surveys product, where members can earn supplemental income by taking surveys.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 69.44% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD 57.87M.%!(EXTRA int=2)
Overvalued
The company’s latest PB is 14.26, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 10.74M shares, decreasing 20.71% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 593.32K shares of this stock.