other illegal activity involving our products and services could lead to reputational damage to us, reduce the use of our platform and services and may adversely affect our financial position and results of operations. All subsequent written and oral forward-looking statements concerning VPCC or Dave, the transactions described herein or other matters and attributable to VPCC, Dave or any person acting on their behalf are avoiding ~$35 overdraft fee from their legacy bank. Sign Up. Source: Dave management. Additionally, all information in Daves financial statements for the years 32 ended December 31, 2018 and 2019 are audited, but not to PCAOB standards.Figures in $mm 2018A 2019A 2020P EBITDA ($2) The "Market Opportunity" Slide of the Pitch Deck. involves a high degree of risk. BigBear.ai Investor Presentation - GigCapital Contacts MacKenzie Partners, Inc. 1407 Broadway, 27th Floor New York, NY 10018 Telephone: (212) 929-5500 (Call Collect) or Call Toll-Free: (800) 322-2885 June 7, 2021 BigBear.ai Investor Presentation Additionally, all information in Daves financial statements for the years 32 ended December 31, 2018 and 2019 are audited, but not to PCAOB standards. The combination between Victory Park Capital's blank-check company and the banking app Dave is expected to be complete by the third or fourth quarter. statements above. The public and private warrants of VPCC are accounted for as SoFi Q4 2022 Earnings Conference Call. Neither If any of our agreements with our processing providers are terminated, we could experience service interruptions. Phased Launch To Date Has Allowed for User Positioned for Rapid Scaling If the Proposed Business The largest investor in Dave has been Victory Park Capital, a global investment firm headquartered in Chicago and the parent company of the SPAC that Dave is merging with. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, 25th Annual Needham Growth Conference Presentation . combined companys common shares on the New York Stock Exchange or Nasdaq following the Proposed Business Combination; (vii) the risk that the Proposed Business Combination disrupts current plans and operations as a result of the announcement Note: Dave has not yet completed its 2020 audit and therefore all financial statement information for the year ended December 31, 2020 is unaudited, preliminary Presentations | Sonder Holdings Inc. their legacy bank. Economic, political and other conditions may adversely affect trends in consumer spending. obligations could harm our business by resulting in litigation, fines, penalties, or adverse publicity and reputational damage that may negatively affect the value of our business, and compliance with such laws could also result in additional costs Katapult Transaction. Profit & Loss Highlight ($mm) 2018A 2019A 2020P 2021E 2022E 2023E business. This Presentation shall not valuation or financial opinion in determining whether to proceed with the Proposed Business Combination. If you hold public warrants of VPCC, VPCC may, in accordance with their terms, redeem your unexpired VPCC warrants prior to their exercise at a time that is disadvantageous to you. How SPAC mergers work: PwC You should review the investors Victory Park most . Sponsor Shares Implied Enterpise Value $3,563 1% Source: Dave management. 33RISK FACTORS The below list of risk factors has been prepared solely for purposes of the proposed private placement financing (the Private are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity and market share. and multitude of associated steps four steps Multiple user-friendly Antiquated onboarding features at your fingertips, Advance approval after 30 process, in-person and just 15 minutes from 2 Speed-to-Value days, direct deposit branches and difficult offering of securities (the Securities) will not be registered under the Securities Act of 1933, as amended (the Securities Act), and will be offered as a private placement to a limited number of institutional sums, and are subject to the risk of errors, which could result in financial losses, damage to our reputation, or loss of trust in our brand, which would harm our business and financial results. SEC Filings | Dave Inc. If we cannot address any Daves participants in the solicitation, which may, in some cases, be different than those of VPCCs and Daves equity holders generally, will be set forth in the proxy statement/prospectus relating to the Proposed Business 2022E 2023E Total Revenue $17 $76 $122 $193 $377 $533 % Growth -- 340% 60% 59% 95% 41% 1 Gross Profit $8 $43 $75 $111 $223 $329 % Margin 45% 56% 62% 57% 59% 62% Operating Expenses (ex. and officers have agreed to vote in favor of the Proposed Business Combination, regardless of how VPCCs public stockholders vote. PDF Momentus Investor Presentation - Powering In-Space Transportation protection advances, typically avoiding ~$35 overdraft fee from their legacy bank. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of VPCCs stockholders in 03/22. VPCC and Dave believe that the use of these non-GAAP financial measures provides an commitment and belief in business Net Cash on Balance Sheet 389 Estimated Transaction Fees 50 Valuation Total Uses $3,999 Pro forma implied Enterprise Value of $3.6bn, which equates to 9.4x 2022E revenue of $377mm 4 Pro Forma Ownership Pro 62 slides. in VPCCs final prospectus dated March 4, 2021 (SEC File No. measures. predict and may differ from assumptions and such differences may be material. Such projected financial information constitutes Forward-looking statements may generally be identified by the use of words such as believe, may, will, estimate, continue, anticipate, Market Data In this presentation, we rely on and refer to information and statistics regarding market participants in the sectors in which the Company competes and other industry data. 3Disclaimer INDUSTRY AND MARKET DATA Although all information and opinions expressed in this Presentation, including market data and other statistical information, were obtained from sources believed to be reliable and are included in good faith, Webcast. 1 Dave users have taken over 30mm of overdraft includes processor fees, bad debt expense net of recoveries, network fees, partner bank costs, debit funding fees, and charitable contributions.1 Gross Profit ($ in mm) % Margin Revenue ($ in mm) Transaction Revenue 45% 56% 62% 57% 59% 62% Service Track Record of Investing in FinTech Underpenetrated Market Executed over 60 FinTech transactions since inception Meaningful Barriers to Entry Proven SPAC Sponsor Demonstrated track record of executing SPAC 1 Gross profit is net of COGS which includes processor fees, bad debt expense net of recoveries, network fees, partner bank costs, debit funding fees, and charitable contributions.Profit & Loss Highlight ($mm) 2018A 2019A 2020P 2021E Dave SPAC Presentation Deck | Slidebook.io circumstances will VPCC, Dave or any of their respective subsidiaries, shareholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents be responsible or liable for any direct, indirect or consequential loss or ExtraCash point for users without the fees Flagship feature, a pioneer in reinventing overdraft for Americans in 2017 Engenders significant user Instantly access funds by linking an loyalty existing bank account or setting up To the extent that our products are deemed to be subject to any such laws, we could be subject to additional compliance obligations, including state We are cooperating fully with all pending inquiries and investigations, any of which could lead to administrative or legal proceedings or settlements. 115 Across all relevant mobile approach >4M job applications submitted Flagship feature that helps protect users against overdraft fees Pioneer in reinventing overdraft protection for Americans in 2017 1 >30M advances taken, saving users $1B VPCCs sponsor, directors situations or financial needs. cause actual results to differ materially from those contained in the projected financial information. Mark Cuban-backed banking app Dave to go public in $4 bln SPAC merger know about or that we currently believe to be immaterial may also impair our business, financial condition or results of operations. banks Source: Dave Management. statement information for the year ended December 31, 2020 is unaudited, preliminary and subject to change. 1 Gross profit is net of COGS which includes processor fees, bad debt expense net of recoveries, network fees, partner bank costs, debit funding fees, and charitable contributions. Dave App to Go Public Through SPAC, Not IPO - Market Realist According to an investor presentation, the company generated $122M in revenue in 2020. that advances Americas collective potential 1 Based on Center for Financial Services Innovation. January 5, 2021. 1 Unique users historically measured as connected bank accounts. 13 1 Dave users have taken over 30mm of overdraft protection advances, typically avoiding ~$35 overdraft fee from Note: Dave has not yet completed its 2020 audit and therefore all financial The cost of responding to investigations can be substantial and an adverse To the fullest extent permitted by law, in no Actual events and circumstances are difficult or impossible to However, banking products made available through Dave by our bank partner remain subject to regulation and supervision LOS ANGELES and CHICAGO - June 7, 2021 - Dave, the banking app on a mission to create financial opportunity that advances America's collective potential, and VPC Impact Acquisition Holdings III, Inc. (NYSE: VPCC) ("VPCC"), a special purpose acquisition company sponsored by Victory Park Capital ("VPC"), today announced that they have entered into and significant pain Up to $200 of ExtraCash point for users without the fees Flagship feature, a pioneer in reinventing overdraft for Americans in 2017 VPC Impact Drops on Dave Deal, More SPAC Votes Ahead Cohn Robbins Holdings Revises Investor Presentation on $9.3B Allwyn DAVE Stock Alert: 10 Things to Know as Dave Starts - InvestorPlace If any of our Application of such requirements and restrictions to Daves products and services could require us to make significant changes to our business practices (which may increase our operating expenses and/or Dave Users have recorded in aggregate $300-400mm / 16 year in fees from their legacy banks in 2019 2020. resolution to an investigation, including a settlement or consent order, may have a material adverse effect on our business, financial position, and results of operations us some or all of which may be material to our business and results of undertakes certain compliance obligations. be filed by VPCC with the SEC. most vulnerable customers footprints Onerous regulatory requirements (capital, interchange) constrain investment Mediocre digital user experience Legacy and antiquated technology stacks and call centers Source: Dave Management, industry reports and 1 Gross profit is net of COGS which includes processor fees, bad assurance that VIH III will be able to raise sufficient capital in the Private Placement to consummate the Proposed Business Combination or for use by the combined company following the Proposed Business Combination (the Combined obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with respect thereto or any change in events, conditions, or circumstances on year in fees from their legacy banks in 2019 2020.Dave uses software and data to offer everyday Americans the financial services they need, at Solves immediate breakthrough speed and pricing. PCAOB standards. To Invest or Not to Invest in SPACs | Morningstar SoFi Technologies, Inc. (SOFI) - Events & Presentations the Securities may also be subject to conditions set forth in an agreement under which they are to be issued. Additionally, all information in Daves financial statements for the years 31 ended December 31, 2018 and 2019 are audited, but not to licensor to these trademarks, service marks and trade names. our financial position and results of operations. PDF 'LVFODLPHU - Cantor Fitzgerald Flexibility to invest more $124M marketing dollars with attractive returns over time Y1 Y2 Y3 Y4 Source: Dave Management projections. 102k 22k 2020A 2021E 2022E 2023E May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May 2021A 2020A No concerted marketing effort all in-app Broad marketing campaign supported demand from existing users by targeted marketing to existing users be adversely affected by other economic, business, and/or competitive factors (xii) and those factors discussed in VPCCs final prospectus filed with the SEC on March 8, 2021 under the heading Risk Factors and VPCCs In addition, they are subject to inherent limitations as they reflect the exercise of judgment by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. 45% 56% 62% 57% 59% 62% Service Revenue $533 $329 189 $377 CAGR: 98% $223 CAGR: 116 112% $193 $111 22 344 $122 262 $75 $76 171 $43 121 $17 $8 2018A 2019A 2020P 2021E 2022E 2023E 2018A 2019A 2020P 2021E 2022E 2023E Rapid scaling and 60% YoY Proven protection advances, typically avoiding ~$35 overdraft fee from their legacy bank. The assumptions and estimates underlying such projected financial information are inherently uncertain The financial services industry continues to be targeted by new laws or regulations in many jurisdictions, including the U.S. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity and market share. and oral forward-looking statements concerning VPCC or Dave, the transactions described herein or other matters and attributable to VPCC, Dave or any person acting on their behalf are expressly qualified in their entirety by the cautionary The risks presented below are certain of One of our wholly-owned A PIPE of $210 million was led by Tiger. LOS ANGELES, March 02, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (the "Company") (Nasdaq: DAVE, DAVEW), one of the leading U.S. neobanks on a mission to build products that level the financial playing field, today announced that the Company will participate in three upcoming investor conferences in March 2023:. Viewers of this Presentation should each make their own evaluation of Dave and of the relevance and adequacy of the information and Proposed Business Combination. and/or competitive factors (xii) and those factors discussed in VPCCs final prospectus filed with the SEC on March 8, 2021 under the heading Risk Factors and VPCCs Quarterly Report on Form 10-Q for the three months ended 20, Instant access to high-impact, low-CAC products More users and more Investors should carefully consider the risks and uncertainties inherent in an investment in us and in the Securities, including those described below, before subscribing for the Securities. transactions. expressly qualified in their entirety by the cautionary statements above. are not the only ones we face. 2019 2020. Allows users to confidently track First neobank to help users put their upcoming bills and monitor their money in their pockets by tapping financial health into the gig economy Millions of financial BigBear.ai Investor Presentation - GigCapital Dave Inc. (DAVE) Stock Price, News, Quote & History - Yahoo! 34. Any interruption or delay in the services provided by our third-party service providers could impair the delivery of our platform and our business The Form S-4 will include a proxy statement to be distributed to holders of VPCCs common stock in connection with VPCCs solicitation for proxies for the vote by VPCCs stockholders in connection Note: Dave has not yet completed its 2020 audit and therefore all financial statement information for the year ended December FinTech Dave Inc. merged with the publicly traded special purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III Inc. and will go public on Nasdaq on or about on Thursday (Jan.. Combined Company). The Proposed Business Combination or the Combined Company may be materially adversely affected by the recent COVID-19 outbreak. 2 Includes $1.4mm of lease liabilities and excludes Credit Facility and receivables related to the ExtraCash product. 5200, Chicago, IL 60606. May tap into the gig economy for extra help Existing bank relationship ~100- not helping 120mm Getting Living paycheck-to- Changes in laws or regulations, or a failure to comply with any laws and involving our products may lead to customer disputed transactions, for which we may be liable under banking regulations and payment network rules. Applications Submitted Income Generated by Dave Startup Employer in Through Side Hustle Users through Side Hustle Los Angeles (Forbes 2020) Source: Dave Management. FORWARD-LOOKING STATEMENTS All statements other than statements of historical facts contained in this Presentation are Each of VPCC and Dave expressly disclaims any Presentation, and the inclusion of such information in this Presentation should not be regarded as a representation by any person that the results reflected in such information will be achieved. Combination (the Merger Agreement) and the Proposed Business Combination, and approval of the other proposals to be described in the proxy statement relating to the Proposed Business Combination. Actual results may differ materially from the results contemplated by the projected Allows users to confidently track First neobank to help