Strauss Borrelli PLLC, a leading data breach law firm, is investigating Dave, Inc. regarding its recent data breach. The Dave data breach may have involved sensitive personal identifiable information belonging to an undetermined number of individuals.
ABOUT DAVE, INC.:
Dave is a financial technology company based in California. Founded in 2016, Dave offers a banking app that provides a variety of services to customers with the goal of taking on banks and their predatory ways, like David and Goliath.2 Today, Dave’s app supplies a wide range of products and software services, including ExtraCashTM, Side Hustle, a Spending Account, and a Goals Account. Additionally, DaveGPT, Dave’s generative AI assistant, provides real-time support to members right through the app, and can answer questions, set up direct deposits, manage ExtraCash™ accounts, and more.2 Headquartered in Los Angeles, California, Dave employs over 200 individuals.
WHAT HAPPENED?
Recently, Dave discovered that its financial technology partner, Evolve Bank and Trust (“Evolve”) had experienced a data breach in which an unauthorized third party gained access to portions of its information environment. On July 2, 2024, Dave posted a notice of the breach on its website saying, “We are aware of a cybersecurity incident involving our partner bank, Evolve Bank & Trust. Evolve has updated its website with details about the incident, which includes information about what data was affected and the support they are providing. We encourage you to review this information. Additionally, Evolve will be notifying each individual who was impacted, starting the week of July 8th, and will offer them two years of free credit monitoring and identity theft protection.”1 As of July 11, 2024, neither Dave nor Evolve has disclosed the specific type of data that was impacted in this data breach.
If you believe that you have been impacted by the Dave, Inc. data breach:
We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at 872.263.1100 or sam@straussborrelli.com.
