Neobank Dave increases revenue by 63% - AI-based lending shows results. The stock attempts to break out.

The stock of Dave (DAVE) has moved up two levels since last fall in two phases. After the recent consolidation, the next upward wave could now follow. Dave is a neobank, a fintech pioneer that offers banking services at significantly lower prices than traditional banks using disruptive technologies. The business model is based on a combination of banking (ExtraCash, debit cards, partnerships with banks) and data-driven lending (CashAI). Dave uses AI to enable real-time automated credit decisions for customers and manage risks. Revenue is generated...