Dave Inc (NAS:DAVE)
$ 42.17 -1.43 (-3.28%) Market Cap: 520.24 Mil Enterprise Value: 496.09 Mil PE Ratio: 0 PB Ratio: 4.09 GF Score: 22/100

Dave Inc at JMP Securities Technology Conference Transcript

Mar 07, 2023 / NTS GMT
Release Date Price: $7.61 (-3.79%)
Devin Ryan
JMP Securities LLC - Moderator

I'm Devin Ryan, Director of Financial Technology Research here at JMP Securities. Thanks for joining us. I'm looking forward to this conversation today with Dave. We have Dave management team here, Jason Wilk who is CEO; and Kyle Beilman, who is CFO. They've just reported earnings. So I think it's a great timing to catch up with you guys. So first off, thank you for coming.

Questions & Answers

Devin Ryan
JMP Securities LLC - Moderator

And maybe just to level set the conversation, give a bit of background about Dave and what Dave does, and then the founding as well, and how the business was started?

Jason Wilk
Dave Inc. - Co-Founder, CEO

Yeah, yeah. Thanks for having us, Devin. This is a great conference. So the founding story of Dave, we wanted to really disrupt overdraft fees as they were overly expensive at traditional banks causing customers $38 every time they were going negative on their accounts.

So Dave set out to become, and we are now one of the

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