Dave
dave.comUp to $500 in 5 minutes or less
Finance & Fintechcash-advancemobile-bankingfintechno-credit-checkoverdraft-protectionpersonal-finance
About
Dave is a mobile financial app that offers cash advances of up to $500 with no credit check, a checking account with fewer fees, and side hustle opportunities. Banking services are provided through partner banks, and users pay a monthly membership fee for access to features like ExtraCash advances and early direct deposit. The app targets everyday consumers looking for alternatives to traditional banking with overdraft protection and quick access to funds.
Problem
People need quick access to small amounts of cash between paychecks without facing high fees or credit checks.
For
everyday consumers seeking alternatives to traditional banking
How it works
Users open a Dave Checking account and ExtraCash overdraft deposit account to access advances up to $500, repaid on demand, with an optional monthly membership fee.
Business model
subscription
Status
launched
Company
Dave Operating LLC