Dave Investor Presentation Deck
ARPU/member
monetization
ARPU grew 6% Y-o-Y as increasing ExtraCash
Member limits + focus on cross-attaching users into
Dave Card have improved monetization of engaged
users.
ARPU increased 5% Q-0-Q as ExtraCash
engagement improved following tax refund season in
the first quarter in addition to growth in Dave Card
engagement.
Ability for users to seamlessly spend ExtraCash
funds via Dave Card expected to continue to drive
improved transaction ARPU and will continue to be a
primary strategic focus in 2023 alongside other
ExtraCash-related improvements and optimizations.
Dave
Annualized Revenue per Monthly Transacting Member
$122
2Q22
$129
3Q22
6% Year-Over-Year Growth
$131
Note: See Glossary for the definition of Monthly Transacting Members
4Q22
$124
1Q23
$129
2Q23
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