FinTech disruptor Dave generates triple-digit EBITDA growth as new fee model turbocharges profitability 😤📈; Quick look at the maturing BNPL landscape where mobile wallets drive growth 📲💳

FinTech is Eating the World, 5 March

Hey Everyone,

Good morning & happy Wednesday! Today we’re looking into FinTech disruptor Dave which now generates triple-digit EBITDA growth as a new fee model turbocharges profitability (deep dive into their latest Q4 2024 financials, what they tell us & whether Dave is worth your time and money in 2025 & beyond), and the maturing BNPL landscape where mobile wallets drive growth (a holistic look at the current state of affairs, what it tells us & what can we expect next + bonus deep dives inside on the leading players in BNPL space). So let’s jump straight into the intriguing stuff 🌶️

FinTech disruptor Dave generates triple-digit EBITDA growth as new fee model turbocharges profitability 😤📈

Earnings time 🤑 Digital banking challenger Dave DAVE 0.00%↑ just posted its latest earnings delivering exceptional financial performance in Q4 2024.

In short, the FinTech startup has successfully transitioned from a growth-at-all-costs model to a sustainable, profitable enterprise while maintaining strong top-line momentum. More importantly, the recent implementation of a new fee structure for its ExtraCash product and strategic banking partnership with Coastal Community Bank positions Dave for continued growth in the years to come.

Let’s take a closer look at this, break down the most important numbers, what they mean, and see whether Dave is worth your time and money in 2025 and beyond.