FTX invested $100 million in banking app Dave

Home / FTX invested $100 million in banking app Dave

Banking app Dave has entered into a strategic partnership with FTX US. The company also received a $100 million investment from FTX Ventures.
FTX US and Dave will explore how to incorporate digital asset payments into the app. FTX US will also become the exclusive partner for any crypto offerings on the platform.
“We continually seek to partner with companies that share our vision, have unique and breakthrough business models and can drive broad adoption of digital assets,” said FTX US President Brett Harrison.
In January, Dave went public in a $4 billion deal with VPC Impact Acquisition Holdings III.

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