VPC Impact Acquisition Holdings III (VPCC) to Combine with Dave in $3.5Bn Deal

VPC Impact III (NYSE:VPCC) has entered into a definitive agreement to combine with fintech platform Dave at an enterprise value of $3.56 billion, or 9.4x its 2022E revenue. Dave provides digital banking services with a particular focus on avoiding punitive fees and helping users improve their financial health. The combined company is expected to trade
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