Home / Business and Economy / Mark Cuban-Backed Fintech Dave Inc. Soars 138% in 2025
Mark Cuban-Backed Fintech Dave Inc. Soars 138% in 2025
17 Nov, 2025
Summary
- Mark Cuban's investment boosts Dave Inc.'s popularity
- Dave's "ExtraCash" feature sees surging demand
- Company reports strong Q2 2025 results, raises guidance
As of November 17, 2025, the fintech app Dave Inc. (DAVE) has seen its stock price skyrocket 138% year-to-date, thanks in large part to the backing of billionaire investor Mark Cuban. The company's rapid growth and profitability have captured the attention of the markets, with Dave reporting impressive second-quarter 2025 results.
Dave's primary draw is its "ExtraCash" feature, which allows users to access up to $500 in short-term, interest-free loans to help them make ends meet between paychecks. This service has proven popular with those living paycheck-to-paycheck, driving a 64% surge in year-over-year revenues to $131.7 million. The company has also seen its net income rise 42% to $9.1 million, while adjusted net income and EBITDA have more than tripled.
Buoyed by this strong performance, Dave has raised its full-year 2025 revenue and adjusted EBITDA guidance to $505 million to $515 million and $180 million to $190 million, respectively. Investors appear to be betting that the company's momentum will continue, even as the stock remains below its July 2025 highs.
