The way the Dave application really wants to achieve clients whom reside paycheck to paycheck

The way the Dave application really wants to achieve clients whom reside paycheck to paycheck

A personal finance app turned banking platform, is focusing on customers who are trying to make ends meet, many of whom are at the earliest stages of their financial lives in the battle for customers’ checking account dollars, Dave.

“We are intending when it comes to 60% of Americans that don’t have $400 put aside for a crisis,” said co-founder Jason Wilk. “Given the smartphone nature associated with item, we do attract plenty of more youthful users during the early 20s, in university or simply away from university, whom really cannot manage to be spending overdraft costs at their bank and need ways to learn to budget.” The app has acquired 3.5 million users, whose average age is 22 in two years since its launch. Continue reading “The way the Dave application really wants to achieve clients whom reside paycheck to paycheck”

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