Dave, a provider of a banking app, secured a $100m credit facility from Victory Park Capital.
The funding will support the growth of Dave’s banking product and accelerate the company’s expansion into new products and features.
Launched in 2017 and led by Jason Wilk, CEO, Dave provides Dave Banking, a spending account and debit card with no monthly fees. It helps its more than eight million customers budget, avoid overdraft fees, find work and build credit.
FinSMEs
29/01/2021