To change people’s lives by building approachable financial products.
Dave is the finance version of David vs. Goliath. Three friends were fed up with their banking experience, often incurring $38 overdraft fees and never having insights into how much money was left before payday.
With customer loyalty at big banks at an all time low, they figured building the next great financial institution, one that could service 99% of Americans, not just the 1%, was the right idea for the times.
Instead of building a bank right away, they started with solving for simple pain points like overdraft protection and automated budgeting to amass millions of loyal members.
Today, Dave has reinvented many other areas of finance, from no-interest cash advances, income creation, un-bounceable checks and more to truly take on goliath.
Our first product helps you outsmart overdrafts because we think it's fundamentally wrong to kick people when they're down. A coffee should never end up costing you $38 after bank fees.
Big banks made $33B in overdraft fees in 2016 alone and are projected to profit $40 billion by 2020.
More than 25% of Americans overdrafted in the past 12 months. And 10% have overdrafted more than 8x.
This is the typical interest rate associated with overdraft fees.
We are customer-centric, empathic and build products to change our members’ lives.
We don’t wait to be told to come up with a plan; instead, we take risks and present ideas.
We do more with less at Dave. We work with what we have to build a great company. The best solutions come out of constraints.
Winning is in our company DNA and we recognize perseverance as a key factor in getting there.
At Dave, we keep our doors open, we ask questions and we tell it like it is.
Help make a difference in improving our members’ relationship with money and join our growing team.View job openings