Dave.com
Dave is a banking app on a mission to create financial opportunity that advances America’s collective potential, helping its more than seven million customers budget, avoid overdraft fees, find work and build credit.
Why join us?
Since launching in 2017, Dave has helped its 7MM+ customers avoid hundreds of millions in overdraft fees and earn more than $150MM through its job-finding feature, Side Hustle.
We hit profitability at the end of 2018. No fear of running out of runway. Dave earned a $1B valuation in 2019, making it one of the most valuable challenger banks in the world.
Our company is mission- and values-driven to the core. Our mission is to create financial opportunity that advances America’s collective potential. We are:
- Helpful and Decent
- Innovative Entrepreneurs
- Resourceful
- Transparent
- Persistent
Engineering at Dave.com
Our engineering team is broken into four squads:
our biggest squad focuses on Customer Success— they make sure all customers, both internal and external, are successful. This includes making changes to the app to clarify experiences, fixing bugs, building internal dashboards, etc.
our second biggest squad is called Product Innovation— this team works on new products and features driven by our company mission: to improve our customers' financial lives
our third squad works on revenue: underwriting and collecting advances and subscription fees. This is a very backend-heavy team that relies on a lot of data science and machine learning tools
the fourth squad is working on our biggest new product of 2019.. we'll share the news with you when we're on the phone!
Our goal is to offer $75 zero-interest paycheck advances to as many customers as we can. Optimizing our underwriting rules to approve more customers every week while maintaining our collection rate is a constant challenge. We run multiple experiments every week alongside regular rebuilds of our machine learning model, which has gained us the highest combined approval/collection rate in the industry.
You'll work on a React Native mobile app that is released weekly, with top-notch product, design, and QA teams.
You'll help build and release machine learning models to increase our approval rate and help more customers avoid overdraft fees
You'll build new products and features that will improve our customers' financial lives
Working at Dave.com
We're mission- and values-driven (see https://dave.com/about).
Work/life balance is important to us. Work forty hours per week, take vacations, work from home if you need to.
We have fun: regular board game nights, team and company outings, and birthday celebrations.
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Generous Vacation
Flexible PTO. We really want you to take time off.
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Flexible Hours
Most of our engineers work from 9AM until 5 or 6PM, but we don't have any hard rules around this. We care about productivity, not hours.
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Health Insurance
Dave pays 100% of the insurance premium for employees and 80% for their dependents. Medical and dental and vision coverage. Basic life insurance, short term disability coverage and employee assistance programs available. Voluntary long term disability and voluntary life insurance.
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Team Activities
Weekly All Hands, monthly board game nights, quarterly engineering team outings
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Relocation
Generous relocation depending on where you're coming from
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Maternal/Paternal Leave
Company-paid parental leave. Additional 4-6 weeks 100% paid after CA SDI & PFL.
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Other
Company-provided equipment, generous equity.
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401(k) Contribution
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Work from Home
External Links
- http://www.businessinsider.com/mark-cuban-backed-startup-dave-has-landed-13-million-in-funding-2018-4
- https://www.forbes.com/sites/donnafuscaldo/2019/06/18/personal-finance-app-dave-launches-mobile-banking-raises-110-million-in-debt/#34aaeff721a3
- https://www.wsj.com/articles/former-airbnb-marketing-chief-jonathan-mildenhall-joins-banking-startup-dave-11601546400
- https://www.cnbc.com/2020/07/23/mark-cuban-backed-finance-app-dave-says-its-new-mobile-bank-account-is-headed-for-1-million-users.html
- https://www.cnbc.com/2020/06/16/dave-disruptor-50.html
- https://www.forbes.com/sites/kellyannesmith/2020/02/12/the-future-of-personal-finance-fintech-50-2020/#6450dad4fd43
- https://techcrunch.com/2019/09/30/upstart-banking-company-dave-is-now-worth-1-billion-as-norwest-puts-in-50-million/
Interested in this company?
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