Dave SPAC Presentation Deck

Transaction Overview Transaction Structure ▪ Dave to merge with VPCC through a reverse-subsidiary merger ▪ Dave to become a wholly-owned subsidiary of VPCC, which will be renamed Dave and be the go-forward publicly traded company PIPE Investment ■ Proposed $210mm PIPE investment in Dave in connection with the business combination - Tiger Global leading PIPE investment, with participation from Wellington Management ■ - VPC and LPs contributing significant capital, highlighting ongoing commitment and belief in business Valuation ▪ Pro forma implied Enterprise Value of $3.6bn, which equates to 9.4x 2022E revenue of $377mm Pro Forma Cash $389mm of net cash held on the pro forma balance sheet Capitalization Implied Market Capitalization (-) Net Cash on Balance Sheet Implied Enterpise Value Dave 2 1 $3,951 (389) $3,563 Implied Sources & Uses ($mm) Sources Existing Dave Shareholder Equity SPAC Cash in Trust PIPE Existing Net Cash on Balance Sheet Total Sources Uses Existing Dave Shareholder Equity Cash to Existing Dave Shareholders³ 2 Net Cash on Balance Sheet ² Estimated Transaction Fees Total Uses Pro Forma Ownership Existing Dave Shareholders PIPE Shareholders SPAC Shareholders SPAC Sponsor Shares 4 Source: Dave management. 1 Assumes no VPCC public stockholder redemptions and $210mm PIPE. 2 Includes $1.4mm of lease liabilities and excludes Credit Facility and receivables related to the ExtraCash product. 3 Maximum proceeds to select existing employee shareholders and common equity holders assuming total transaction proceeds in excess of $300mm. 4 Reflects zero dilution from warrants and excludes impact of founder shares based on vesting thresholds (25% of all founder shares). 2 87% 6% $3,500 254 210 35 $3,999 1% $3,500 60 389 50 $3,999 5% 6

View entire presentation