Build products that level the financial playing field!
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.
Banks make billions.
Americans paid up to $12.4 billion in overdraft fees to big banks in 2020.1
1 in 6 overdraft
In 2020, 16% of households overdrafted at least once. For some, it’s a persistent pain point: 8% of people had more than 10 overdrafts.2
We’re here to help
Our members lowered their total overdraft fees by 29% within a year of joining Dave, and Spending members reduced theirs by 69%.3
Our values serve as a compass guiding who we are, how we work, and what we aspire toward — a reflection of the beary important things we know a high performing team should be.
Help make a difference in improving our members’ relationship with money and join our growing team.