Fintech Leaders Dave Co-Founder/CEO, Jason Wilk – Going Public on Nasdaq via SPAC, Lessons for Overlooked Startups, & Why you Should Always Listen to Customer Feedback
In this Fintech Leaders edition, Miguel Armaza sits down with Jason Wilk, serial entrepreneur and Co-Founder/CEO of Dave, a US challenger bank that was able to reach 10 million clients in just four years.
Founded in 2017, Dave went public in January 2022 via SPAC and currently has a market cap of close to $4 billion. As a private company, Dave raised almost $200 million and attracted top investors like Mark Cuban, Norwest Venture Partners, Financial Solutions Lab, and even Diplo.
In this episode, we discuss:
- How losing a round of golf sparked his curiosity for international business, tech, and entrepreneurship.
- Fundraising lessons. What has Jason learned from multiple roadshows of equity fundraising as a private company and then as public company?
- Going public. Lessons learned from the SPAC process and why they chose this route instead of an IPO.
- Launching Dave as a non-bank and why listening to customer feedback led them to expand their product set and become a challenger bank… and a lot more!
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Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
Miguel on LinkedIn: https://bit.ly/3nKha4Z