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Is DAVE's Fintech Strategy Paying Dividends in User Engagement?
DAVEDave(DAVE) ZACKS·2025-06-13 14:21

Key Takeaways DAVE added 569,000 new members in Q1 2025, driving 15% year-over-year member growth. Monthly transacting members rose 13% year over year to 2.5 million, indicating stronger engagement. A 29% rise in ARPU and 46% ExtraCash growth reflect the impact of DAVE's revised flat-fee model.Dave Inc. (DAVE) ended the first quarter of 2025 with 12.4 million members. The company added 569,000 new members, reflecting 15% year-over-year growth. Additionally, the monthly transacting member base gained 13% y ...