Dave Investor Presentation Deck
Dave Card spend
volumes
In 3Q22, every new Dave Member began receiving
an ExtraCash account and a Dave Card, unlocking
synergies between ExtraCash and Dave Card
products.
2Q23 Y-o-Y growth in Dave Card spend volumes
was primarily driven by the the continued increases
in ExtraCash Members spending their advances with
the Dave Card in addition to expanding Dave Card
engagement; Q-o-Q growth is encouraging as first
quarter is typically the seasonally strongest due to
favorable spending impacts from tax refunds.
Using a modern tech stack, we can operate a fully
capable, branchless banking product at a fraction of
the cost of incumbents.
Dave
Dave Card Spend Volumes ($MM)
$171
2Q22
77% Year-Over-Year Growth
$197
3Q22
Note: See Glossary for the definition of Dave Card Spend Volumes
$263
4Q22
$295
1Q23
$304
2Q23
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