Description
Dave (also known as Dave.com) is a digital banking service. The service's main focus is on cash advances.
Services
Dave's main service is short-term lending. The company does not charge interest, or origination or similar fees, instead charging for expedited service and a monthly fee; to use the service, and giving the option to "tip" the company.
Lauren Saunders of the National Consumer Law Center expressed concern that some users may feel compelled to tip, resulting in it being not too different from paying interest. Dave launched a banking service in 2019, through a partnership with Evolve Bank & Trust. It has a service for finding side-work called SideHustle.