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Ftx Ventures Invests $100 Million In Dave; Companies Form Strategic Partnership

Mar 21, 2022over 3 years ago

Amount Raised

$100 Million

Los Angeles

Description

Dave Inc. (Nasdaq: DAVE) (“Dave” or the “Company”), a banking app on a mission to build products that level the financial playing field, today announced a strategic partnership with West Realm Shires Services, Inc., owner and operator of FTX US (“FTX US”), whereby the companies will work together to expand the digital assets ecosystem. FTX Ventures, a $2B venture fund, has also invested $100 million in Dave.

Company Information

Company

Dave

Location

Los Angeles, California, United States

About

LOS ANGELES, March 21, 2022 (GLOBE NEWSWIRE) -- Dave Inc. (Nasdaq: DAVE) (“Dave” or the “Company”), a banking app on a mission to build products that level the financial playing field, today announced a strategic partnership with West Realm Shires Services, Inc., owner and operator of FTX US (“FTX US”), whereby the companies will work together to expand the digital assets ecosystem. Dave is a great fit as they check all three boxes.

Funding Insights

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