Mobile Banking App Dave Forms Strategic Partnership with FTX US and Receives $100M Investment from FTX Ventures

Mobile banking app Dave announced that it has formed a strategic partnership with FTX US and received a $100 million investment from FTX Ventures.

davevia the official website March 21 in his statement on provide cryptocurrency payments on the platform cryptocurrency exchange for FTX‘of USA foot FTX US partnered with and the stock market $2 billion venture fund FTX Ventures‘from 100 million dollars announced its investment.

According to the description FTX USfor any crypto offer on the platform private partner will serve as Also, both companies are currently on Dave’s platform. ways to include crypto payments He said they were investigating.

President of FTX US Brett Harrison In his statement on the subject;

We are constantly striving to align with companies that share our vision, have unique and breakthrough business models, and can help with the widespread adoption of digital assets. Dave meets all three of our criteria. We see significant growth opportunities for both of our companies and are excited to work with Dave.

made statements.

FTX USthe crypto industry’s largest Series A financing on one of their tours 8 billion dollars with a valuation 400 million dollars had collected.

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Cryptocurrency exchange FTX, January in the month of global blockchain and web3 to companies interested in the crypto space with the aim of increasing adoption financing and support to ensure $2 billion venture fund FTX Ventureshad started.

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Billionaire among his supporters Mark Cubanwhich also includes davespecial purpose purchasing company (SPAC) VPC Impact Acquisition Holdings III with $4 billion with a merger January was opened to the public.

Dave’s shares, March 21 while trading on the stock market 4.85%after the stock market transactions are closed 3% increased by approximately 8%showed an increase.

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