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Dave’s SPAC Deal Is Close, and Its Crypto Play Gets Clearer
Dave’s SPAC Deal Is Close, and Its Crypto Play Gets Clearer
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Dave, which is valued at $4 billion and backed by billionaire investor Mark Cuban, anticipates closing its merger with blank-check firm VPC Impact Acquisition Holdings III this Wednesday. If all goes according to plan, it will begin trading on the Nasdaq stock exchange on Thursday. The Los Angeles-based fintech company is looking to deploy some of the $465 million raised from the SPAC deal to explore cryptocurrency product offerings for its 11 million customers. Read more >>
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