Dave Inc is a fintech company that provides financial services aimed at empowering individuals with budgeting tools and access to low-cost banking solutions. Their platform offers features such as advances on income, personalized budgeting assistance, and a secured Mastercard that helps users build their credit scores. By leveraging technology, Dave Inc aims to simplify personal finance management and promote financial wellness, particularly for younger consumers and those facing economic challenges. The company is focused on creating a more inclusive financial ecosystem by addressing the needs of underserved markets.
This week's financial crimes include banned semiconductor wafer shipments to China, charges against online cash advance company Dave and the arrest of the alleged Snowflake hacker.