FTC sues fintech app Dave

The FTC comes after neobank Dave for misleading marketing, hidden fees
The Federal Trade Commission (FTC) announced on Tuesday that it will be taking action against the online cash app and neobank Dave, which it says used
FTC sues fintech app Dave over misleading $500 cash advance ads
The U.S. Federal Trade Commission sued financial technology company Dave Inc in Los Angeles on Tuesday, accusing it of luring users to its personal finance app by advertising cash advances of up to $500 that many never receive.
FTC lawsuit accuses L.A. cash app Dave of charging hidden fees
The Federal Trade Commission is accusing Los Angeles cash app Dave Inc. of misleading customers about fees, the amount of money it gives out and when they can get it.
FTC sues fintech Dave over alleged misleading marketing, undisclosed fees
The Federal Trade Commission filed a complaint Tuesday claiming the fintech rarely disbursed the advertised loan amount and charged consumers a “tip” fee without giving them the ability to opt out of it.
FTC Sues Cash-Advance Fintech Dave, Says It Deceives the 'Financially Vulnerable'
The Los Angeles-based company defended its business practices and called the enforcement action "regulatory overreach."
Cash Advance App Dave Charged With Misleading Consumers
The Federal Trade Commission (FTC) has filed a complaint against the online cash advance app Dave, alleging the company used misleading marketing tactics that deceived consumers about its cash advance offerings.
FTC accuses Dave of misleading marketing and hidden fees
The Federal Trade Commission has filed a complaint against fintech Dave for using "misleading marketing" and charging "surprise" fees for its cash advance service.
Banking app Dave lied about cash advances and charged hidden fees, FTC alleges
Banking app Dave didn't provide promised cash advances and charged customers hidden fees, according to a Federal Trade Commission complaint filed on Tuesda
FTC Release: FTC Takes Action Against Online Cash Advance App Dave for Deceiving Consumers, Charging Undisclosed Fees
The Federal Trade Commission is taking action against online cash advance app Dave for allegedly using misleading marketing to deceive consumers about the amount of its cash advances, charging consumers undisclosed fees,
Financial Crime Weekly: Alleged Snowflake Hacker Arrested, Banned China Chip Shipments, Payday Advance Company Sued
This week's financial crimes include banned semiconductor wafer shipments to China, charges against online cash advance ...
Dave says FTC action ‘another example of regulatory overreach’
As we disclosed in the Company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2024, we have been cooperating with the FTC in response to a Civil Investigative Demand seeking ...
FTC lawsuit accuses cash app Dave of charging hidden fees
The lawsuit against Dave accuses the company of charging “express fees” of $3 to $25 and misleading customers into giving the ...
Seeking Alpha on MSN2d
Dave faces FTC complaint alleging deceptive practices toward consumers
“Dave lured in consumers living paycheck-to-paycheck with false claims of big-dollar advances, then reached into their ...
Dave Announces Preliminary Financial Results for Third Quarter 2024 and Issues Statement Regarding FTC Matter
Dave management will host a conference call on Tuesday, November 12, 2024, at 5:00 p.m. Eastern time to discuss its full financial results for the third quarter ended September 30, 2024. The Company’s ...