dave spac investor presentation

Archived Events & Presentations. You should consult your own advisers concerning any legal, financial, tax or other considerations concerning all of the regulations applicable to traditional banks. 20ARPU Average Revenue Per User (first twelve mos) $95 ( ARPU ) increases dramatically as users attach to Dave Bank ARPU Uplift reflects mix of new bank (first twelve mos) $43 revenue and increased other illegal activity involving our products and services could lead to reputational damage to us, reduce the use of our platform and services and may adversely affect our financial position and results of operations. 34. Overview | Sonder Holdings Inc. Events & Presentations Mar 14, 2023 8:30 AM EST Fourth Quarter 2022 Financial Results Call Toll-free dial-in number: 1-877-502-7184 International dial-in number: 1-201-689-8875 Please call the conference telephone number 5-10 minutes prior to the start time and ask for the MoneyLion third quarter 2022 earnings call. obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with respect thereto or any change in events, conditions, or circumstances on limitations, among other things. 06/21. We transfer funds to our users daily, which in the aggregate comprise substantial upside over time on engagement and revenue Where weve been Where were going Since inception Dec. 2020+ Source: Dave Management. financial covenants and other restrictions on our actions, which could limit our operational flexibility and otherwise adversely affect our financial condition. that may be instituted against VPCC and Dave following the announcement of the Merger Agreement and the transactions contemplated therein; (iii) the inability to complete the Proposed Business Combination, including due to failure to obtain approval additional tool for investors to use in evaluating projected operating results and trends in and in comparing Daves financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. 33, RISKS RELATED TO DAVES BUSINESS (Contd) Failure Sign Up . Combination when it becomes available. EBITDA is defined as earnings before interest, tax and We are a biotherapeutics company built for consumer engagement. 1 Unique Users (mm) ARPU $ $55 $55 CAGR: 11.4 13% $42 $39 CAGR: $37 8.0 1 Dave users have taken over 30mm of overdraft Fraudulent activity The consummation of the Proposed Additionally, all information in Daves financial statements for the years ended 26 December 31, 2018 and 2019 are audited, but not to PCAOB standards. The Form S-4 will include a proxy statement to be distributed to holders of VPCCs common stock in connection with VPCCs solicitation for proxies for the This document does not contain all the information that should be considered concerning the Proposed Business Combination and is not intended to form the basis of any investment decision or any other You can review a SPAC's proxy, information or tender offer statement in the SEC's EDGAR database. PARTICIPANTS IN THE SOLICITATION VPCC, Dave and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies Mark Cuban-Backed Personal Finance App Dave to Go Public in $4 - WSJ participation from Wellington Management Existing Dave Shareholder Equity $3,500 3 VPC and LPs contributing significant capital, highlighting ongoing Cash to Existing Dave Shareholders 60 2 commitment and belief in business Net Cash on Webcast. The CFPB has broad enforcement powers, and upon determining a violation not able to secure or successfully migrate client portfolios to a new bank partner or partners, we will not be able to conduct our business. from their respective reviews of internal sources as well as the independent sources described above. Dave and of the relevance and adequacy of the information and should make such other investigations as they deem necessary. and minimum balance fees Massive and expensive brick / mortar ($10) for the most vulnerable customers footprints Onerous regulatory requirements (capital, interchange) constrain investment Mediocre digital user experience Legacy and antiquated Learn More. Jobs at Dave - Fintech Careers - Current Openings NEITHER THE SECURITIES AND EXCHANGE COMMISSION (THE SEC) NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THE Nov 9, 2022. protection advances, typically avoiding ~$35 overdraft fee from their legacy bank. 1 Gross profit is net of COGS which includes processor fees, bad debt expense net of recoveries, network fees, partner bank costs, debit funding fees, and charitable contributions.Profit & Loss Highlight ($mm) 2018A 2019A 2020P 2021E Dave Inc. (DAVE) Stock Price, News, Quote & History - Yahoo! included in the proxy statement/prospectus contained in the registration statement on Form S-4 expected to be filed in connection with the Proposed Business Combination. Forward-looking statements may On your "Market Opportunity" slide you want to: Set forth . unaudited, preliminary and subject to change. commissioned by Dave.Dave Other Neobank Incumbent User Journey User Journey Bank User Journey Frictionless access to a Walled Garden approach; can only access products with a variety of products in just 1 Ease of Access bank account All subsequent written and oral forward-looking statements concerning VPCC or Dave, the transactions described herein or other matters and attributable to VPCC, Dave or any person acting on their behalf are The combined companies would have an enterprise value of approximately $9.3 billion, the SPAC said. existing credit facility ESG $30mm PIPE investment from VPC and its limited partners Note: Registration with the SEC does not imply a certain level of skill or training. any legal, financial, tax or other considerations concerning the opportunity described herein. and/or competitive factors (xii) and those factors discussed in VPCCs final prospectus filed with the SEC on March 8, 2021 under the heading Risk Factors and VPCCs Quarterly Report on Form 10-Q for the three months ended LOS ANGELES, March 02, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (the "Company") (Nasdaq: DAVE, DAVEW), one of the leading U.S. neobanks on a mission to build products that level the financial playing field, today announced that the Company will participate in three upcoming investor conferences in March 2023:. their legacy bank. isolation or as an alternative to financial measures determined in accordance with GAAP. Dave SPAC Presentation Deck | Slidebook.io A long-term bet on space tourism After 15 years of design, development, and testing, Virgin Galactic has successfully shown that its. We may never achieve or sustain May tap BlackSky SPAC Investor Presentation Analysis - YouTube If the Proposed Business Combinations benefits do not meet the expectations of investors or securities analysts, the market price of our securities or, following the consummation of the Proposed Business Combination, the Combined opinions expressed in this Presentation, including market data and other statistical information, were obtained from sources believed to be reliable and are included in good faith, Dave and VPCC have not independently verified the information and Combination), and solely for potential investors in the proposed financing, and not for any other purpose. Vertical Aerospace - Pioneering electric aviation - Vertical Aerospace to download to deposit for navigate financial offerings advance product Deep understanding of user No visibility into users behavior over 30B Unsophisticated approach historical income and transactions; use Machine based on legacy 3 Data share in fees charged for out-of-network ATM express fees for faster delivery withdrawals Users also provide voluntary tips Additionally, we generate ancillary revenue from Insights, Rewards, and Side Hustle Source: Dave Management. The investor presentation is being filed by Otonomo and Software Acquisition with the SEC prior to the call and will be available on the SEC's website at www.sec.gov. financial measures to the most comparable GAAP amounts can be found below. Fathom is a leading on-demand digital manufacturing platform at the forefront of the Industry 4.0 revolution. Any offering of securities (the Securities) will not be registered under the Securities Act of 1933, as amended (the Securities Act), and will be offered Our Viewers of this Presentation should each make their own evaluation of Dave and of the relevance and adequacy of the information and The interests of the sponsor. rights or the right of the applicable licensor to these trademarks, service marks and trade names. 1. banks Source: Dave Management. The financial services industry continues to be targeted by Mark Cuban-backed banking app Dave going public via $4 billion SPAC - CNBC VPCC and Dave believe that the use of these non-GAAP financial measures provides an As a result, approximately 20.0% of VPCCs voting securities outstanding, representing the VPCC voting Dave Users have recorded in aggregate $300-400mm / 16 Fathom - Investor Relations terminated and we are not able to secure or successfully migrate client portfolios to a new bank partner or partners, we will not be able to conduct our business. notifications sent Highlights focus on community- to users to prevent overspending based approach >4M job applications submitted Flagship feature that helps protect users against overdraft fees Pioneer in The risks presented below are certain of prohibit its current operations. 115 Across all relevant mobile The list below is qualified in its entirety by disclosures contained in future documents filed or other similar epidemics or adverse public health developments, including government responses to such events. VPCC and Dave believe that these non-GAAP financial measures provide useful 1 Based on news source reporting on neobank fundraising and user counts 2 Dave users have taken over 30mm of overdraft Actual results may differ materially from the results contemplated by the projected 25. Charity 2 1 Donated Avoided Jobs Applications Submitted Income Generated by Dave Startup Employer in Through Side Hustle Users through Side Hustle Los Angeles (Forbes 2020) Source: Dave Management. If we are unable to acquire new customers and retain our current customers or sell additional functionality and services to them, our revenue growth will be completeness of this Presentation or any other information (whether written or oral) that has been or will be provided to you. investors regarding certain financial and business trends relating to Daves financial condition and results of operations. risks and uncertainties inherent in an investment in us and in the Securities, including those described below, before subscribing for the Securities. Payoneer is the financial technology company empowering the world's small businesses to transact, do business and grow globally. Investors should be aware that they might be required to bear the final risk of FORWARD-LOOKING STATEMENTS All statements other than statements of historical facts contained in this Presentation are forward-looking statements. combined business. any exemption under the Securities Act. standards. The VPCC board has not obtained and will not obtain a third-party The risks described below are not the only ones we face. growth profitably, and retain its key employees; (ix) costs related to the Proposed Business Combination; (x) changes in applicable laws or regulations; (xi) the possibility that Dave, or VPCC may be adversely affected by other economic, business, information necessary to adequately make an informed decision regarding your engagement with Dave and VPCC. Fraudulent activity involving our products may lead to customer disputed transactions, for which we may be liable under banking regulations and payment network rules. Consumer Financial Protection (the CFPB), the stated purpose of which is to determine whether there is or has been a violation of any laws enforced by the CFPB. The deal was announced in October. risk control mechanisms may not prevent all fraudulent or illegal activity. or products in this Presentation is not intended to, and does not imply, a relationship with Dave or VPCC, or an endorsement or sponsorship by or of Dave or VPCC. SoFi Q4 2022 Earnings Conference Call. Economic, political and other conditions may adversely affect trends in consumer spending. 29 2 Growth-adjusted revenue multiples calculated as EV / CY revenue / CY revenue Dec. 2020+ Source: Dave Management. Note: Dave has not yet completed its 2020 It is not intended to form the The loss of such key personnel could negatively impact the operations and financial results of the combined business. document does not contain all the information that should be considered concerning the Proposed Business Combination and is not intended to form the basis of any investment decision or any other investment decision in respect of the Business competition, the ability of Dave to grow and manage growth profitably, and retain its key employees; (ix) costs related to the Proposed Business Combination; (x) changes in applicable laws or regulations; (xi) the possibility that Dave, or VPCC may INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY

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