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Latest DAVE News From Around the Web
Below are the latest news stories about DAVE INC that investors may wish to consider to help them evaluate DAVE as an investment opportunity.
Dave to Participate in Needham’s Growth Conference on January 15th in New YorkLOS ANGELES, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in the upcoming Needham Growth Conference at the Lotte New York Palace Hotel in New York, NY on Wednesday, January 15, 2025. The team will present at 8:45am ET. Please click here to view the live event. A replay of the presentation will also be available on the Dave investor relations website at investors.dave.c |
Dave Skyrockets 181% in 6 Months: Is the Stock Worth Investing?Given the upsurge in DAVE shares, we look at its current position to determine whether investors should buy, hold or sell the stock. |
Dave pullback on FTC amended suit an ‘opportunity to add,’ says BenchmarkBenchmark notes that shares of Dave (DAVE) came under pressure during Tuesday’s trading session after the Federal Trade Commission announced it had referred the lawsuit it filed against the company on November 5 to the Department of Justice, which in turn amended and refiled the complaint. While the news of the FTC’s referral of its lawsuit to the DOJ caused a downdraft in share price, the firm sees “a few reasons” why investors should view the pullback as “an opportunity to add to or initiate p |
Is DAVE INC (DAVE) Outperforming Other Business Services Stocks This Year?Here is how Dave Inc. (DAVE) and Fiserv (FI) have performed compared to their sector so far this year. |
Online Bank Dave Updates Fee Structure After FTC Complaint Goes to Federal CourtOnline bank Dave Inc. changed its fee structure and blasted regulators in response to an amended complaint filed in a California court by the Department of Justice. |
Fin Tech Firm Dave Faces Legal Action Over Alleged Hidden Fees, Misleading AdvertisingOn Monday, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) filed a civil enforcement action against financial technology company Dave Inc (NASDAQ:DAVE) and its CEO, Jason Wilk, alleging violations of consumer protection laws. The lawsuit claims the company engaged in deceptive practices, including hidden fees, misleading advertising, and unclear cancellation mechanisms for recurring charges. Also Read: Financial Crime Weekly: Alleged Snowflake Hacker Arrested, Banned China |
Dave Issues Statement in Response to Amended FTC Complaint and Provides Update on New ExtraCash Fee StructureLOS ANGELES, Dec. 31, 2024 (GLOBE NEWSWIRE) -- The Department of Justice (the “DOJ”), on behalf of the Federal Trade Commission (the “FTC”), filed an amended complaint in its lawsuit against Dave Inc. (“Dave” or the “Company”) on December 30, 2024. This is not a new lawsuit, and it is typical for the DOJ to take over litigation of this type. The allegations in the lawsuit have not changed in substance. We believe that the amendment simply adds a claim for civil money penalties (“CMPs”) without a |
These 2 Monster Growth Stocks Skyrocketed Over 1,000% This Year — Here’s What Analysts Expect in 2025“Past performance won’t guarantee future returns” is one of the first lessons in investing, a useful reminder that we can never tell what the future has in store. At the same time, a strong track record for a particular company can also suggest that the good times just might keep on rolling. So, what does it mean when a stock gains 1,000% or more in a single year? A jump of that magnitude signifies sustained outperformance – and investors will rightly wish to take a closer look. Wall Street’s an |
US files complaint against fintech app Dave and its CEOWASHINGTON (Reuters) -The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave and its CEO Jason Wilk for alleged violations of federal law. The Justice Department and the Federal Trade Commission alleged the company lured users to its personal finance app by advertising cash advances of up to $500 that many never receive. The complaint, filed by the Justice Department, seeks unspecified amounts of consumer redress and monetary civil penalties from the defendants and a permanent injunction to prohibit them from engaging in future violations, the Justice Department said. |
Drama-Prone Fintechs Face Mixed Regulatory Environment in 2025(Bloomberg) -- Upstart financial firms that provide services like early paycheck access or buy-now, pay-later plans have attracted rising interest from customers and investors alike. Fintechs raised nearly $24 billion globally in the first three quarters of 2024, according to data from CB Insights, and represent a growing competitive threat to traditional banks and asset managers. Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After |