Dave Inc. (DAVE)

Dave Inc. (DAVE) is a leading fintech company on a mission to "build the future of banking for everyone by leveling the financial playing field." Headquartered in Los Angeles and led by CEO Jason Wilk, Dave holds a prominent industry position as a top-tier neobank that pioneered interest-free cash advances for everyday Americans. The company’s vision is to eliminate the billions of dollars in predatory overdraft fees charged by traditional banks. In late 2025, DAVE stock has been a breakout performer in the fintech sector, with the DAVE stock price driven by a massive 137% surge in Adjusted EBITDA and a raised 2025 revenue guidance of $547 million. The company has successfully transitioned from a high-growth startup to a highly profitable, scaled financial player.

The business operations of Dave are centered on its "ExtraCash" product, which provides members with immediate liquidity without credit checks. In fiscal 2025, the company reported record ExtraCash originations of over $2.0 billion, a 49% year-over-year increase. A primary growth driver is the company’s "AI-Powered Underwriting," which utilizes machine learning to assess risk and offer advances to its 2.77 million Monthly Transacting Members (MTMs). The 2026 strategic roadmap focuses on "Full-Spectrum Banking," expanding its Dave Card and Direct Deposit features to become the primary financial hub for its users. Dave holds an "Efficiency Moat," with a Customer Acquisition Cost (CAC) of just $18, significantly lower than traditional banks or even most neobanks. With a gross margin of 69% and GAAP net income reaching $92 million in 2025, the company is proving that "Banking for the Underserved" can be a highly scalable and profitable business model. For investors, DAVE stock offers high-leverage exposure to the digitalization of consumer finance.

Dave Inc. (DAVE) is listed on the NASDAQ Capital Market. For investors tracking DAVE stock, the company’s recent inclusion in major fintech indices and its $491 million TTM revenue highlight its rapid maturity. The DAVE stock price is sensitive to consumer credit trends and regulatory changes in the cash advance space, but its unique AI-driven model provides a level of risk mitigation that sets it apart. For those researching DAVE stock, the company’s ability to increase revenue per member while maintaining a lean cost structure is a key highlight of its 2025 performance. As the "Neobank War" consolidates, DAVE stock stands as a winner with superior unit economics.