Dave Partners with Coastal Community Bank for Expansion

Dave ( (DAVE) ) has issued an update.

On February 27, 2025, Dave Operating LLC, a subsidiary of Dave Inc., entered into a Program Agreement with Coastal Community Bank to offer Dave-branded deposit accounts and cards. This partnership, announced on March 3, 2025, will enable Dave to expand its banking and ExtraCash products, improving financial inclusion for underbanked populations. Coastal Community Bank will act as a sponsor bank, sharing interchange revenue with Dave and supporting its mission to provide accessible financial services. The agreement is set for an initial term of five years, with options for renewal, and marks a significant milestone in Dave’s growth strategy.

More about Dave

Dave Inc. is a leading U.S. neobank and fintech pioneer that provides innovative banking services to millions of Americans. The company leverages disruptive technologies to offer cost-effective financial solutions, aiming to enhance financial inclusion.

YTD Price Performance: 16.63%

Average Trading Volume: 453,030

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.28B

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