---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-255242"
form_type: "8-K"
ticker: "DAVE"
cik: "0001841408"
company_name: "Dave Inc./DE"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:11:40.236284+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Dave Inc. enters non-binding LOI for strategic partnership with sponsor bank

## Summary
- LOI with a leading publicly-traded sponsor bank to originate ExtraCash, hold deposits, issue debit cards, and provide ACH.
- Partnership includes collaboration on next-generation banking and credit products for over 11 million members.
- Non-binding; definitive agreements to be negotiated; bank name to be announced upon execution.
- CEO cites scale and member growth as drivers for diversifying key commercial relationships.

## SEC filing metadata
- accession: 0001193125-24-255242
- form_type: 8-K
- ticker: DAVE
- cik: 0001841408
- company_name: Dave Inc./DE
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841408/000119312524255242/0001193125-24-255242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841408/000119312524255242/d903815d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-255242
- JSON: https://secwatch.observer/filing/0001193125-24-255242.json
- Plain text: https://secwatch.observer/filing/0001193125-24-255242.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.