dave

FTC alleges neobank Dave misled customers

Fintech /

Welcome to TechCrunch Fintech! This week, we’re looking at neobank Dave’s “misleading marketing” according to a new FTC complaint, Affirm’s launch in the U.K. amid regulatory overhaul, and how Equal aims to combat India’s growing cyberfraud problem. The big story The FTC comes after Dave for “misleading marketing” The FTC is taking action against online […]

FTC alleges neobank Dave misled customers Read More »

The FTC comes after neobank Dave for misleading marketing, hidden fees

Government & Policy /

The Federal Trade Commission (FTC) announced on Tuesday it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted their

The FTC comes after neobank Dave for misleading marketing, hidden fees Read More »