DAVE DAVE INC

Dave Extends its Partnership with Drew League, LA’s Pro-Am Basketball League

Dave Extends its Partnership with Drew League, LA’s Pro-Am Basketball League

LOS ANGELES, June 03, 2024 (GLOBE NEWSWIRE) -- Dave (NASDAQ: DAVE), one of the nation's leading neobanks, announced an extension of its official partnership with the Drew League, Los Angeles' premiere Pro-Am basketball league.

Dave will now be prominently featured on all 2024 Drew League jerseys in addition to the on-court placements from 2023.



Dave chose to partner with Drew League because of their shared missions to provide opportunities for young people to succeed and give them the tools they need to create change in their lives. While The Drew League levels the playing field on the court, Dave is leveling the financial playing field for millions of underserved Americans across the country.

Dave Founder and CEO, Jason Wilk, said, "As a Los Angeles-based company, Dave and Drew League share a passion for improving our local community and improving access to opportunity on and off the court."

Drew League commissioner, Chaniel Smiley said, "The Drew League has been creating opportunities for emerging basketball talent in South Central Los Angeles for 50 years and we're proud to partner with Dave this season and next. Dave and Drew League have a shared passion for improving this community, while increasing access and visibility for all."

Crossovr Collective Co-Founder, Steph Rawlins, The Drew League's media, marketing & brand agency who coordinated the partnership said, "Having a brand partner like Dave is really special and important, because not only do they see the value of the brand, but they also understand the importance of making sure local entities like The Drew are supported so that they can continue to exist, and be a staple to the community for another 50 years. Partnerships like this allow The Drew to expand their resources and opportunities it offers its youth, through the Drew League Non-Profit, the players and other members of the community."

About Dave:

Dave (NASDAQ: DAVE) is a leading U.S. neobank and fintech pioneer serving millions of everyday Americans. Dave uses disruptive technologies to provide best-in-class banking services at a fraction of the price of incumbents. Dave partners with Evolve Bank & Trust, member FDIC. For more information about the company, visit: . For investor information and updates, visit: and follow on Twitter.

About Drew League:

Since 1973, Drew League has brought local kids, streetball legends and professional stars together in Los Angeles–all for the love of basketball. The rich legacy includes the original founding father, a visionary commissioner, veteran coaches, three different gyms and countless magical moments. For 50 years, The Drew League has been a remarkable success story that began in South Central Los Angeles and still continues to flourish within the exact same community. For more information, please visit: .

Media Contact

Dan Ury

Investor Relations Contact

Sean Mansouri, CFA

Elevate IR

A photo accompanying this announcement is available at



EN
03/06/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on DAVE INC

 PRESS RELEASE

Dave Announces Promotion of Kyle Beilman to CFO & COO

Dave Announces Promotion of Kyle Beilman to CFO & COO Los Angeles, CA, July 14, 2025 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced the promotion of Kyle Beilman to Chief Financial Officer and Chief Operating Officer, effective as of July 11, 2025. Since joining Dave, Kyle has played a pivotal role in driving the Company’s financial success, profitability, and operational efficiency. In addition to overseeing financial strategy, he has consistently taken on responsibilities that extend well beyond the traditio...

 PRESS RELEASE

Dave Reports First Quarter 2025 Financial Results

Dave Reports First Quarter 2025 Financial Results Q1 Revenue Hits $108.0 Million, Representing Accelerating Growth of 47% Y/Y Q1 Net Income Reaches $28.8 Million; Adj. EBITDA Increases 235% Y/Y to $44.2 Million Raises 2025 Revenue and Adj. EBITDA Guidance to $460-$475 Million and $155-$165 Million, respectively LOS ANGELES, May 08, 2025 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today reported its financial results for the first quarter ended March 31, 2025. “We knocked the cover off the ball in Q1,” said Jason...

 PRESS RELEASE

Dave Inc. Announces $50 Million Share Repurchase Authorization

Dave Inc. Announces $50 Million Share Repurchase Authorization Los Angeles, March 10, 2025 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (NASDAQ: DAVE), one of the nation’s leading neobanks, today announced that its Board of Directors has authorized a share repurchase program to buy back up to $50 million of its outstanding Class A common stock. The repurchase program does not have a fixed expiration date and may be executed from time to time based on market conditions, liquidity, and other strategic considerations. Subject to market conditions, the Company expects to begin repu...

 PRESS RELEASE

Dave Reports Fourth Quarter & Full Year 2024 Financial Results

Dave Reports Fourth Quarter & Full Year 2024 Financial Results Record Q4 Revenue up 38% Y/Y to $100.9 Million; FY24 Revenue up 34% to $347.1 Million Q4 Net Income Increases $16.6 Million Y/Y to $16.8 Million; Adj. EBITDA increases 234% Y/Y to $33.4 Million, Significantly Exceeding High-End of Guidance Establishes Strong 2025 Revenue and Adjusted EBITDA Outlook LOS ANGELES, March 03, 2025 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced fourth quarter and full year results for the period ended December 31, 2024...

 PRESS RELEASE

Dave and Coastal Community Bank Announce Strategic Partnership

Dave and Coastal Community Bank Announce Strategic Partnership The partnership will grow Dave’s banking and ExtraCash products and improve financial inclusion Los Angeles, CA, March 03, 2025 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks and Coastal Financial Corporation (Nasdaq: CCB), the holding company for Coastal Community Bank, today announced a definitive strategic partnership. Coastal Community Bank will become a sponsor bank of Dave, including for Dave’s banking products and Dave’s new, simplified ExtraCash product. ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch