Dave

Q1 2026 was another very strong quarter for Dave: – Revenue grew 47% Y/Y to $158.4M   – 28-Day Past Due rate reached a record Q1 low of 1.69% – Net monetization increased to 5.1% - its highest level in 4 years – Net income grew 101% Y/Y to $57.9M and adj. EBITDA rose 57% Y/Y to $69.3M – Monthly Transacting Members increased 18% Y/Y to 2.99M – ARPU expanded 24% Y/Y – Approx. $195M in share repurchase activity, representing 7% of shares outstanding On the back of record credit performance, continued investment in CashAI and consistent execution against our growth algorithm, we’re raising 2026 revenue, adj. EBITDA and adj. diluted EPS guidance. Well done to the whole team for such a strong start to the year! See the full press release here: https://lnkd.in/gakrBaGQ

Jason Wilk took to the stage at Restive Ventures’ annual Go Restive conference. With Ryan Falvey asking the questions, Jason talked about: - How Dave pioneered cash flow-based underwriting for short-term credit – and the first to marry cash flow-based underwriting with AI  - The continued evolution of the industry - Why the biggest opportunity in fintech is building credit-inclusive banking for everyday Americans See the full interview here: https://lnkd.in/gzunXYwj

Jason Wilk and Kyle Beilman spoke to the team at Capital Mindset in a wide-ranging conversation covering: - Why Dave was founded to take on legacy overdraft fees - Our journey to becoming an established public company serving 14 million customers - How Dave’s business model, including our AI-powered underwriting engine, sets us up for long-term success in a very large market Building credit-inclusive banking for everyday Americans starts with smarter underwriting. See the conversation here: https://lnkd.in/gkG6rg_N

Our founder and CEO Jason Wilk recently joined the RiskReversal Media podcast. The conversation covered a lot of ground, including - Jason’s incredible founder journey - Dave’s Q4/FY 25 earnings  - Why the future of fintech belongs to companies building trust with customers that traditional banks have ignored Check out the conversation here: https://lnkd.in/gaukBmV2

Our founder and CEO Jason Wilk recently joined CNBC Fast Money to discuss Dave’s Q4/FY 2025 earnings and what we're seeing among US consumers. For everyday Americans, the economic picture is complicated and consumers’ budgets are stretched. As Jason explained, that's why Dave exists. Before Dave, accessing $50 for gas from legacy banks could mean a $34 overdraft fee. With Dave ExtraCash, that cost is lowered to as low as $5. Our AI-powered underwriting engine enables Dave to serve millions of Americans, while bringing down our loss rates to nearly 1%. Watch the full video on our Investors page: https://lnkd.in/dtrpGyHh

Q4 was a record-breaking quarter in a record-breaking year for Dave! Q4 2025 📈$163.7M in revenue - our third consecutive quarter of 60%+ YoY growth 👥Monthly transacting members accelerated 19% YoY 📊ARPU expanded 36% YoY  💸ExtraCash originations increased 50% YoY to $2.2B ✅ Average 28-day past due rate improved 12% QoQ to 1.89% FY 2025 📈Revenue increased 60% YoY to $554.2M 💰Adjusted EBITDA increased 162% YoY to $226.7M 🎉Net Income increased 238% YoY to $195.9M And we’re very bullish on the future. Today, we’ve: 🚀 Set 2026 guidance of 25%-28% revenue growth with expanding adjusted EBITDA margins 📈 Increased our share repurchase authorization from $125M to $300M We can’t wait to deliver even more for our members and shareholders in the months ahead. Great work Dave team - onwards! Check out our Q4 and full-year 2025 earnings here: https://lnkd.in/gZDTe2sz

We’re pleased to announce the appointment of Nima Khajehnouri to Dave's Board of Directors. Nima is a distinguished leader in AI and data engineering, and currently serves as VP of Engineering at Meta having previously been VP of Engineering at Google and Snap Inc. He brings deep experience of scaling engineering teams and exceptional insight into AI and data-driven innovation, which will be invaluable as Dave continues to harness AI and other advanced technologies to serve our customers. Welcome to the Board, Nima! We want to thank Imran Khan, who is stepping down from the Board as planned. Imran has been a key figure in Dave’s journey and even introduced Nima to our CEO, Jason Wilk. His significant contributions will continue to be felt across the business into the future. These Board personnel changes reflect a thoughtful approach to evolving Dave’s Board in keeping with the further, exciting development of the company. Please read the full announcement here: https://lnkd.in/gU-fTqQc 

Starting 2026 with gratitude and momentum. Our most recent Dave Holiday Party gave us the chance to celebrate an incredible team and the work that brought us here. That same energy and collaboration show up every day in how we support our members. We’re starting the year proud of this team and motivated by the work ahead for our members in 2026. 🚀

Dave was delighted to make a financial contribution to the annual gala of Baby2Baby, a national nonprofit that provides children living in poverty with diapers, clothing and all basic necessities. The evening brought together celebrities, entrepreneurs and philanthropists to raise a record $18.5 million. The funds will help Baby2Baby continue its vital work of reaching one million children across the country with the essentials they deserve, particularly during times of crisis and economic uncertainty. Read more about the event here: https://lnkd.in/gMp5Tg4M This donation is the latest in Dave’s longstanding record of charitable giving and reflects our commitment to improving the economic well-being of everyday Americans. To find out more about Baby2Baby's amazing work, visit www.baby2baby.org.

🚀 Our Founder and CEO Jason Wilk joined Katy Ryan on stage at the American Fintech Council's Annual Policy Summit for a keynote session on the evolving fintech landscape and the role of responsible innovation. Jason discussed the importance of: 🔍 Ensuring Dave is always anticipating and responding to the financial needs of everyday Americans 🤝 Generating enduring trust with our members, regulators, and partners through transparency and accountability 💚 Building products our members will continue to rely on over the long term 🏦 How #fintechs and #banks can work more closely together to expand access to affordable banking services for everyday Americans ✨ This was an engaging conversation – and an excellent conference. Thank you to the American Fintech Council and Punchbowl News for hosting!