Dave posts first quarterly profit since going public
Digital bank originated over $1B in cash advances in 2023 through its AI tool
For the first time since going public in 2022, digital bank Dave posted a profitable quarter. Dave reported fourth-quarter adjusted EBIDTA of $10 million compared to a loss of $13 million in Q4 2022, according to the bank’s earnings release today. The $391 million company’s growth is due to continued investment in advanced technology like […]
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