SPAC Deep Dive, subSPAC

subSPAC

Each week we’ll identify and break down for you SPACs that are capturing market share and making an impact.

SPAC Deep Dive

Equity Bottom-Up

<ul><li>In 2017, Los Angeles Based Fintech Platform Dave launched with a simple suite of financial management solutions and tools to save customers from overdraft fees</li><li>Four years later, and 11 million customers strong, the company went public through a SPAC merger with VPC Impact Acquisition Corp III</li><li>However, for Dave, the SPAC transaction could not have come at a worse time, as enthusiasm for SPACs and Fintech Companies are at a three-year low</li></ul>

In 2017, Los Angeles Based Fintech Platform Dave launched with a simple suite of financial management solutions and tools to save customers from overdraft feesFour years later, and 11 million customers strong, the company went public through a SPAC merger with VPC Impact Acquisition Corp IIIHowever, for Dave, the SPAC transaction could not have come at a worse time, as enthusiasm for SPACs and Fintech Companies are at a three-year low

How Does Dave Stack up in the Fintech Landscape?