Core Insights - Dave Inc. has announced a strategic partnership with Coastal Financial Corporation, where Coastal Community Bank will act as a sponsor bank for Dave's banking products, including the new ExtraCash product, with customer onboarding expected to start in Q2 2025 [1][3][4] Group 1: Partnership Details - The partnership aims to enhance financial services accessibility for underbanked populations, aligning with both companies' missions [2][3] - Coastal Community Bank's customer-first approach and expertise in credit and banking products make it a suitable partner for Dave [4] Group 2: Company Background - Dave is recognized as a leading neobank and fintech company, utilizing disruptive technologies to offer competitive banking services [5] - Coastal Financial Corporation, with a market capitalization of $4.12 billion, operates through 14 branches and provides banking services via its CCBX division [6]
Dave and Coastal Community Bank Announce Strategic Partnership