Online financial startup Dave said on June 7 it agreed to go public through a merger with special purpose acquisition company Victory Park Capital at an equity value of $4 billion. The transaction includes a $210 million concurrent private placement led by Tiger Global Management.
Dave is a financial app that helps its some 10 million customers avoid overdraft fees. The company, launched in 2017, is backed by billionaire Mark Cuban, The Kraft Group and The Chernin Group.Mark Cuban, owner of the NBA Dallas Mavericks, speaks during the Wall Street Journal Digital Live conference at the Montage hotel in Laguna Beach, California October 20, 2015.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
25 states have introduced personal finance education legislation so far this yearThe pandemic has led to a push for more personal finance education. This year, 25 states have introduced state legislation for personal finance classes. acorns NakedShorts NakedShorting AMCSqueeze amcshortsqueeze I Buy n Hold because, until naked short ladder, algorithmic high frequency trades, wave attacks from DARK pool, Dark Fiber OTC markets get exposed, STOPPED and MADE TO COVER ILLEGAL TRADES, ARE MARKETS ARE NOT Free n SAFE acorns nakedshorts acorns US taxpayers are finally starting to question their government's involvement in propping up a corrupt Israeli regime . I hope the US stops giving those sweet 3.8 billions annual military supply.
Source: CNBC - 🏆 12. / 72 Read more »