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Dave
3.0
based on 1 Review
About Dave
Founded in2016 (9 yrs old)
India Employee Count--
Global Employee Count11-50
HeadquartersLos Angeles,California, United States
Office Locations
--
Websitedave.com
Primary Industry
Other Industries
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Dave.com is on a mission to reinvent banking. Our first product helps people forecast their future cashflow to make better financial decisions. In addition, we let users borrow up to $75 at no interest to avoid overdraft fees before they happen.
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Dave Ratings
based on 1 reviews
Overall Rating
3.0/5
How AmbitionBox ratings work?
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4
0
3
1
2
0
1
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Category Ratings
4.0
Skill Development
3.0
Salary & Benefits
3.0
Work-Life Balance
3.0
Work Satisfaction
2.0
Company Culture
2.0
Promotions/Appraisal
1.0
Job Security
Dave is rated 3.0 out of 5 stars on AmbitionBox, based on 1 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Compare Dave with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.0/5 based on 1 reviews | 3.8/5 based on 3.9k reviews | 3.6/5 based on 3.4k reviews | 4.0/5 based on 5k reviews |
Highly Rated for | Skill development | Salary & Benefits | No highly rated category | Salary & Benefits Skill development Work-Life balance |
Critically Rated for | Job Security Company culture Promotion/Appraisals | Job Security Promotion/Appraisals | Job Security Promotion/Appraisals | Job Security |
Primary Work Policy | - | Work from office 44% employees reported | Work from office 80% employees reported | Work from office 47% employees reported |
Rating by Women Employees | - no rating available | 3.7 Good rated by 471 women | 3.5 Good rated by 389 women | 3.5 Good rated by 253 women |
Rating by Men Employees | - no rating available | 3.8 Good rated by 3.1k men | 3.6 Good rated by 2.8k men | 4.0 Good rated by 4.3k men |
Job Security | 1.0 Bad | 3.2 Average | 3.1 Average | 3.0 Average |
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Dave Salaries
3.0
rated by 1 employees for salariesSenior Engineer Mechanical
(1 salaries)
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₹5.4 L/yr - ₹6.9 L/yr
Advocate
(1 salaries)
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₹2.7 L/yr - ₹3.5 L/yr
Engineer
(1 salaries)
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₹2.7 L/yr - ₹3.5 L/yr
Associate
(1 salaries)
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₹4.5 L/yr - ₹5.8 L/yr
Consultant
(1 salaries)
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₹12.6 L/yr - ₹16.1 L/yr
Dave News
Justice Department takes aim at popular fintech app over hidden fees
- The US Department of Justice has filed an amended complaint against fintech app Dave.
- The complaint alleges that Dave misled customers about potential cash advances of up to $500 and hidden fees.
- Dave has disputed the claims and has amended its fee structures since the original complaint was filed.
- According to the DOJ, Dave lured users with bold claims of cash advances up to $500, but many users received smaller amounts or nothing at all, and were hit with unexpected charges.
Androidauthority | 1 Jan, 2025
FinTech Dave Says DOJ Lawsuit Is ‘Government Overreach’
- Mobile banking app Dave is pushing back against claims in a new government lawsuit.
- The Department of Justice (DOJ) filed a suit alleging that Dave violated federal law by deceptively advertising cash advances, charging hidden fees, misrepresenting how tips are used, and levying recurring monthly fees.
- Dave responded to the claims, stating that the suit is government overreach and includes allegations based on inaccuracies. The company intends to vigorously defend itself.
- Dave is introducing a new fee structure, eliminating optional tips and express fees for its ExtraCash product, to address the focus of the lawsuit. The transition for existing members is underway, and the full implementation of the new fee structure is expected to be completed early next year.
Pymnts | 31 Dec, 2024
DOJ Takes Over Case Against Dave, Adds CEO as a Defendant
- The Federal Trade Commission (FTC) has referred its previously announced federal court case against online cash advance firm Dave to the Department of Justice (DOJ).
- The DOJ has filed an amended complaint that names the company’s CEO, Jason Wilk, as a defendant and seeks civil penalties.
- The DOJ’s civil enforcement action alleges that Dave and its CEO violated the FTC Act and ROSCA by deceptively advertising cash advances, charging hidden fees, and more.
- The complaint seeks consumer redress, monetary civil penalties, and a permanent injunction against the defendants.
Pymnts | 31 Dec, 2024
Report: Dave Picks New Marketing Head as It Faces FTC Lawsuit
- Digital bank Dave has named Kevin Frisch as its new marketing chief as it faces a lawsuit from the Federal Trade Commission (FTC).
- Frisch, previously associated with Intuit QuickBooks and Uber, aims to broaden consumers' perception of Dave beyond cash advances and checking accounts.
- The FTC accuses Dave of deceiving customers and charging undisclosed fees, including an 'Express Fee' for instant access to cash advances.
- Dave believes it has a strong defense and stated that the lawsuit focuses on consumer disclosures and how the company acquires consent for its fees.
Pymnts | 19 Nov, 2024
FTC alleges neobank Dave misled customers
- The FTC alleges that neobank Dave used misleading marketing to deceive consumers regarding cash advances.
- Affirm has launched in the U.K., expanding beyond North America and potentially leveraging its commercial partnerships.
- Brazilian fintech Tako raises $13.2 million in seed funding for its employee life cycle platform.
- Equal raises $10 million in Series A funding to combat India's growing cyberfraud problem.
TechCrunch | 13 Nov, 2024
The FTC comes after neobank Dave for misleading marketing, hidden fees
- The FTC is taking action against neobank Dave for misleading marketing and hidden fees.
- Dave marketed $500 cash advances as 'instant' without disclosing the fees involved.
- The neobank charged an 'Express Fee' for immediate access to money and surprise fees.
- Dave's manipulative design practices and difficulty in canceling the monthly membership fee are also under scrutiny.
TechCrunch | 7 Nov, 2024
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