Chernin Group and JPMorgan Chase-backed financial management app developer Dave has raised $13.3m, according to a regulatory filing.
Dave Inc, a US-based financial management app developer backed by banking group JPMorgan Chase and media company Chernin Group, has raised $13.3m from undisclosed investors, according to a securities filing.
Founded in 2016, Dave has developed a mobile application that connects to a user’s bank account and uses analytics to predict upcoming expenses. It also offers loans of up to $75 as part of its aim to help users avoid having to pay overdraft fees.
Dave is available on Android and…