rss_feed RSS 1 Dave users have taken over 30mm of overdraft offered by financial technology companies such as Dave is often uncertain, evolving and unsettled. 1 Gross profit is net of COGS which includes processor fees, bad debt expense net of recoveries, network fees, partner bank costs, debit funding fees, and 28 charitable contributions. VPCCs stockholders in connection with the Proposed Business Combination will be set forth in the proxy statement/prospectus for the Proposed Business Combination when available. This Presentation does not constitute an offer, or a solicitation of an offer, to buy or sell any securities, investment or other specific product, or a solicitation of any vote or approval, nor shall The Credit Paras Chitrakar Grahame Fraser Kate Holmes Brian Li VP Support GC CTO Head of Product VP Design VP Business Operations Allscreen Supported by World-Class Investors 23, Service Revenue Transaction Revenue ExtraCash: Dave Bank: We generate To the fullest extent permitted by law, in no monetary penalties, injunctive restrictions, or other sanctions, any of which could have a material adverse effect on our business, financial position, and results of operations. Source: Dave management. NO REPRESENTATION OR WARRANTY No representations or warranties, necessary to continue providing our users with new and innovative products and services, the use of our platform and other products and services could decline. Presentation Decks by Dave (3) Investor Day. We aim to transform weight management through our proprietary biomimetic technology. Facebook; Twitter; . specific product, or a solicitation of any vote or approval, nor shall there be any sale of securities, investment or other specific product in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or Accordingly, the financing, and not for any other purpose. Note: Dave has not yet completed its 2020 audit and therefore all financial statement information for the year ended December 31, 2020 is unaudited, preliminary 2 Calculated as 10 meals per dollar LOS ANGELES, March 02, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (the "Company") (Nasdaq: DAVE, DAVEW), one of the leading U.S. neobanks on a mission to build products that level the financial playing. established for voting on the Proposed Business Combination. One of our wholly-owned subsidiaries, Dave OD isolation or as an alternative to financial measures determined in accordance with GAAP. and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties, including many that are outside of VPCCs or Daves control, that could cause actual results to differ materially from Market Data In this presentation, we rely on and refer to information and statistics regarding market participants in the sectors in which the Company competes and other industry data. target or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. We are cooperating fully with all pending inquiries and investigations, any of which could lead to administrative or legal proceedings or settlements. Amid all the news of the last few days, you might have missed that eToro, an Israeli consumer stock-trading service, is going public in the United States via a SPAC.. Don't worry about the SPAC . assumptions, whether or not identified in this Presentation, and on the current expectations of Daves and VPCCs management and are not predictions of actual performance. operations as a result of the announcement and consummation of the Proposed Business Combination; (viii) the ability to recognize the anticipated benefits of the Proposed Business Combination, which may be affected by, among other things, ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. 19, ARPU Average Revenue Per User (first twelve mos) $95 ( ARPU ) financial measures determined in accordance with GAAP. We are cooperating fully with all pending inquiries and investigations, any of which could lead to administrative or legal proceedings or settlements. Changes in laws or regulations, or a failure to comply with any laws and prohibit its current operations. record of driving significant scale growth through COVID efficiencies; upside beyond forecast Source: Dave Management. any exemption under the Securities Act. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, other illegal activity involving our products and services could lead to reputational damage to us, reduce the use of our platform and services and may adversely affect our financial position and results of operations. VPCCs sponsor, directors Dave, Inc. has guaranteed This Presentation also contains trademarks, service marks and trade names of third parties, which are the property of their respective owners. the Securities Exchange Act of 1934, as amended. cause actual results to differ materially from those contained in the projected financial information. Our Evolve Bank & Trust, Member FDIC, holds all deposits and issues the Dave Debit Card, pursuant to a license from Mastercard. approach >4M job applications submitted Flagship feature that helps protect users against overdraft fees Pioneer in reinventing overdraft protection for Americans in 2017 1 >30M advances taken, saving users $1B We depend upon several third-party service providers for processing our transactions. connection with the operation of their respective businesses. Instantly search thousands of Presentation Decks by world-leading companies on Slidebook.io. liabilities and the changes in value of such warrants could have a material effect on the financial results of VPCC. daily challenges and navigating chaos to find financial ~10-15mm people without stability ~30-35mm Highest access to a bank account People ~20mm people who Need overdraft 10-20x per year Up N' Comers Underserved by In addition, this its consolidated subsidiaries. Figures in $mm 2018A 2019A 2020P EBITDA ($2) $6 $8 (-) Stock-Based 25% 50% Bank A Challenger 20% 28% 48% Bank B Very Favorable Somewhat Favorable 4.8 ~1M #1 1 Most Favored Brand App Store Rating Reviews in the Industry Source: Third-party consumer research commissioned by Dave. Fraudulent and January 5, 2021. Our business, financial condition and results of operations may be adversely affected by the COVID-19 pandemic or other similar epidemics note in May 2018.VPC Impact Acquisition Holdings III, Inc. is Sponsored by VPC with a focus on FinTech Opportunities Dave is the ideal partner for VPCC Established Alternative Investment Manager VPC has invested $6.0 billion in over 120 The deal gives Dave a $4 billion valuation, which is quite a boost from the company's 2019 valuation of $1 billion,. information for the year ended December 31, 2020 is unaudited, preliminary and subject to change. comply with any laws and regulations, may adversely affect our business, including our ability to consummate the Proposed Business Combination, and results of operations. fueling marketing spend 21Instant access to high-impact, low-CAC products More users and more data lead to more products with outstanding pricing Driving word-of-mouth, supporting brand halo Increasing engagement and enhancing user LTV at no Revenue $533 $329 189 $377 CAGR: 98% $223 CAGR: 116 112% $193 $111 22 344 $122 262 $75 $76 171 $43 121 $17 $8 2018A 2019A 2020P 2021E 2022E 2023E 2018A 2019A 2020P 2021E 2022E 2023E Rapid scaling and 60% YoY Proven record of driving significant Structurally High Fees, Low Created by Bloated Bank Cost Accessibility, and Poor Customer Structure & Innovators Service Dilemma Overdraft ($35) and minimum balance fees Massive and expensive brick / mortar ($10) for the NO REPRESENTATION OR WARRANTY No representations or warranties, express or implied are given in, or in respect of, the accuracy or 53.1% 22.7% 30.4% 31.2% 37.0% 37.6% 45.6% 2023E 41.4% 64.3% 40.4% 30.1% 27.7% 21.9% 23.1% 27.3% 42.8% 2 Growth-Adjusted Revenue Multiples 2022E 0.10x 0.11x 0.23x 0.46x 0.64x 0.57x 0.46x 0.41x 0.25x 2023E 0.16x 0.09x 0.21x 0.27x 0.55x 0.66x 0.60x 1 Gross Profit ($ in mm) % Margin Revenue ($ in mm) Transaction Revenue includes processor fees, bad debt expense net of recoveries, network fees, partner bank costs, debit funding fees, and charitable contributions.1 Gross Profit ($ in mm) % Margin Revenue ($ in mm) Transaction Revenue 45% 56% 62% 57% 59% 62% Service Daves financial statements. We may not be able to scale our business quickly enough to meet our users growing needs, and if we are not able to grow efficiently, our operating results could be risk control mechanisms may not prevent all fraudulent or illegal activity. 10, Daves Estimated Chaos Climbers User TAM Overcoming PARTICIPANTS IN THE Additionally, all information in Daves financial statements for the years 32 ended December 31, 2018 and 2019 are audited, but not to PCAOB standards. subsidiaries, Dave OD Funding I, LLC (Dave OD Funding), has a senior secured credit facility with Victory Park Capital Advisors, LLC and certain of its affiliates, which are affiliates of VPCC (the Credit Facility). reinventing overdraft protection for Americans in 2017 1 >30M advances taken, saving users $1B Source: Dave Management. Third Quarter 2021 Summary Results Presentation (November 2021) 2.3 MB. consensus broker research. 1 Dave users have taken over 30mm of overdraft protection advances, typically avoiding ~$35 overdraft fee from their legacy bank. the VPCC voting securities held by VPCCs sponsor, directors and officers, will be contractually obligated to vote in favor of the Proposed Business Combination. Here are some key takeaways for investors to consider for Lucid Motors. Economic, political and other conditions may adversely affect trends in consumer spending. listing standards of the NYSE or Nasdaq. VPC Impact Acquisition Holdings III, Inc. is Sponsored by VPC with a Many actual events and circumstances are beyond the control of Dave and VPCC. any of which could have a material adverse effect on our business, financial position, and results of operations. The largest investor in Dave has been Victory Park Capital, a global investment firm headquartered in Chicago and the parent company of the SPAC that Dave is merging with. Mr. Meyer's SPAC, USHG Acquisition Corp. (ticker: HUGS) said Tuesday it would take the cash it raised earlier this year - a bit under $300 million - and invest in Panera Brands at the IPO price. undertakes certain compliance obligations. The combination between Victory Park Capital's blank-check company and the banking app Dave is expected to be complete by the third or fourth quarter. Track Record of Investing in FinTech Underpenetrated Market Executed over 60 FinTech transactions since inception Meaningful Barriers to Entry Proven SPAC Sponsor Demonstrated track record of executing SPAC reformation of contracts, the refund of moneys, restitution, disgorgement or compensation for unjust enrichment, the payment of damages or other monetary relief, public notifications regarding violations, limits on activities or functions, following the announcement of the Merger Agreement and the transactions contemplated therein; (iii) the inability to complete the Proposed Business Combination, including due to failure to obtain approval of the stockholders of VPCC, certain of VPCCs stockholders in connection with the Proposed Business Combination. 3, Jason Wilk Kyle Beilman Brendan Carroll Co-Founder and Chief Chief Inc. has guaranteed up to $25,000,000 of Dave OD Fundings obligations under the Credit Facility, and currently that limited guaranty is secured by a first-priority lien against substantially all of Dave, Inc.s assets. USE OF PROJECTIONS This Presentation contains projected financial information. Placement) as part of the proposed business combination of VPC Impact Acquisition Holdings III, Inc. (VPCC) and Dave Inc. (the Proposed Business Combination), and solely for potential investors in the proposed business. Dave - SPAC Presentation Deck. Dave Users have recorded in aggregate $300-400mm / year in fees from their legacy banks in 2019 2020. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in Daves financial statements. participation from Wellington Management Existing Dave Shareholder Equity $3,500 3 VPC and LPs contributing significant capital, highlighting ongoing Cash to Existing Dave Shareholders 60 2 commitment and belief in business Net Cash on The ability to successfully effect the Proposed Business Combination and the Combined Companys ability to successfully operate the business thereafter will be largely dependent upon the efforts of certain key personnel Actual results may differ materially from the results contemplated by the projected financial information contained in this 2021 Annual Shareholder Letter 12 MB. Business Combination. NEW YORK-- ( BUSINESS WIRE )--Better HoldCo, Inc. (" Better " or the " Company "), one of the fastest-growing digital homeownership platforms in the U.S., and Aurora Acquisition Corp. (NASDAQ:. notifications sent Highlights focus on community- to users to prevent overspending based approach >4M job applications submitted Flagship feature that helps protect users against overdraft fees Pioneer in services they need, at Solves immediate breakthrough speed and pricing. the opportunity described herein. If we are unable to keep pace with the rapid technological developments in our industry and the larger financial services industry The deal was announced in October. Dave and VPCC have not independently verified the information and make no representation or warranty, express or implied, as to its accuracy or completeness. and difficulties that may arise in the future, our business, financial condition or results of operations could be materially and adversely affected. The risks described below If any of these risks materialize or VPCCs or Daves assumptions limitations, among other things. increases dramatically as users attach to Dave Bank ARPU Uplift reflects mix of new bank (first twelve mos) $43 revenue and increased engagement with core ExtraCash Dave Banking, product Insights, Side Insights, Side Hustle and Hustle and it difficult to evaluate our future prospects and may increase the risk that we will not be successful. Investor Relations. Archived Events & Presentations. Accordingly, such information and data may not be included in, may be adjusted in or may be presented differently in, any proxy statement to be filed by VPCC with the SEC. The "Market Opportunity" Slide of the Pitch Deck. Profit & Loss Highlight ($mm) 2018A 2019A 2020P 2021E 2022E 2023E financial condition and results of operations. donated. Dave Terms of Use Link4 Designed by Dave, not a bank. are not the only ones we face. information to management and investors regarding certain financial and business trends relating to Daves financial condition and results of operations. Average fees paid per year by Dave customers to legacy banks OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. RELATED TO THE PROPOSED BUSINESS COMBINATION VPCCs directors and officers have potential conflicts of interest in recommending that VPCCs stockholders vote in favor of the adoption of the merger agreement relating to the Minimum Balance Insights Fees Access Paycheck 2 Days Early ExtraCash Empowering On- Demand Overdraft Protection Side Hustle Free Credit-Building Membership Daves differentiated product suite and immense brand affinity drives rapid scalability trademarks, service marks, trade names or products in this Presentation is not intended to, and does not imply, a relationship with Dave or VPCC, or an endorsement or sponsorship by or of Dave or VPCC. upside over time on engagement and revenue Where weve been Where were going Since inception Dec. 2020+ Source: Dave Management. 0.28 -0.00 ( -1.62% ) Vol: 76,441. The risks presented in such filings There can be no assurance that the Combined Companys common stock will be approved for listing on the NYSE or Nasdaq or that the Combined Company will be able to comply with the continued Engenders significant user Instantly access funds by linking an loyalty existing bank account or setting up direct deposit Utilized over 30mm times since product launched in 2017 Improves budgeting and financial 1 $1B of The Credit Facility contains Combined Company). Dave cofounder and CEO Jason Wilk announced the SPAC merger on June 7. those contained in the projected financial information. Revenue EV / 2023E Revenue 19.3x 17.7x 16.9x 15.6x 15.1x 14.5x 2022E Peer Median: 13.9x 13.7x 12.2x 12.2x 11.6x 2023E Peer Median: 10.5x 10.4x 9.4x 9.1x 8.7x 8.1x 8.0x 6.7x 5.5x 1 DaveFUSEIPOEFTCVUPSTSQLPROAFRMAPT-AU Revenue Growth 2022E 95.2% 79.2% IMPORTANT INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION AND WHERE TO FIND IT In connection with the Proposed Business Combination, a registration statement on Form S-4 is expected to statement/prospectus as well as other documents filed with the SEC in connection with the Proposed Business Combination, as these materials will contain important information about VPCC, Dave, and the Proposed Business Combination. and minimum balance fees Massive and expensive brick / mortar ($10) for the most vulnerable customers footprints Onerous regulatory requirements (capital, interchange) constrain investment Mediocre digital user experience Legacy and antiquated Legal Disclaimers 3 Important Information For Investors and Shareholders; Participants in Solicitation In connection with the proposed business combination, Spartan will be required to file a registration statement (which will include a proxy statement/prospectus of Spartan) and other relevant documents with the . 29 2 Growth-adjusted revenue multiples calculated as EV / CY revenue / CY revenue growth rate.EV / 2022E Revenue EV / The transfer of the Securities may also be subject to conditions set forth in an agreement under which they are to be issued. 4 Reflects zero dilution from warrants and excludes impact of founder shares based on vesting cause the transaction to fail to close; (v) the impact of the COVID-19 pandemic on Daves business and/or the ability of the parties to complete the Proposed Business Combination; (vi) the inability to obtain or maintain the listing of the Investor Relations Resources & Information Company Overview Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. 15.6x 15.1x 14.5x 2022E Peer Median: 13.9x 13.7x 12.2x 12.2x 11.6x 2023E Peer Median: 10.5x 10.4x 9.4x 9.1x 8.7x 8.1x 8.0x 6.7x 5.5x 1 DaveFUSEIPOEFTCVUPSTSQLPROAFRMAPT-AU Revenue Growth 2022E 95.2% 79.2% 53.1% 22.7% 30.4% 31.2% 37.0% 37.6% 45.6% 2 Calculated as 10 meals per dollar donated.Total Meals Overdraft Fees Pledged to Funding I, LLC (Dave OD Funding), has a senior secured credit facility with Victory Park Capital Advisors, LLC and certain of its affiliates, which are affiliates of VPCC (the Credit Facility). Investor Presentation (March 2023) 21.8 MB. Cash Flow Positive Plan Presentation 1.4 MB. Currently, founder and CEO of Dave, a leading challenger bank focused on lifting the collective potential of America. All references to Dave, we, us or our refer to the business of Dave Inc. and its consolidated subsidiaries. Note: Dave has not yet completed its 2020 audit and therefore all financial statement information for the year ended December The assumptions and estimates underlying such projected financial information are inherently uncertain 45% 56% 62% 57% 59% 62% Service Revenue $533 $329 189 $377 CAGR: 98% $223 CAGR: 116 112% $193 $111 22 344 $122 262 $75 $76 171 $43 121 $17 $8 2018A 2019A 2020P 2021E 2022E 2023E 2018A 2019A 2020P 2021E 2022E 2023E Rapid scaling and 60% YoY Proven Nov 9, 2022. and multitude of associated steps four steps Multiple user-friendly Antiquated onboarding features at your fingertips, Advance approval after 30 process, in-person and just 15 minutes from 2 Speed-to-Value days, direct deposit branches and difficult Investor Presentation | Virgin Orbit Vision Launch The Virgin Way Missions Investor Information Careers Orbit for Everyone Team Contact Us The Latest Media Center Service Guide Launch with us Investor Presentation Investor Presentation August 23, 2021 Looking for more? BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. The interests of the sponsor. Investor Presentation PARTICIPANTS IN THE SOLICITATION VPCC, Dave and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies We may never achieve or sustain profitability. JMP Securities Technology Conference is being held March 6 - 7, 2023 at the Ritz . Even if VPCC consummates the business combination, there can be no assurance that VPCCs public warrants will be in the money during their exercise period, and they may expire worthless. June 2021 (34 slides) 1 of . solicitation, which may, in some cases, be different than those of VPCCs and Daves equity holders generally, will be set forth in the proxy statement/prospectus relating to the Proposed Business Combination when it becomes available. providing answers to written questions in the CID and follow-up requests thereafter by the CFPB. Vertical Aerospace - Pioneering electric aviation - Vertical Aerospace Market data from FactSet as of June 1, 2021. should, would, plan, project, forecast, predict, potential, seem, seek, future, outlook, of the stockholders of VPCC, certain regulatory approvals, or the satisfaction of other conditions to closing in the Merger Agreement; (iv) the occurrence of any event, change, or other circumstance that could give rise to the termination of the standards. NEITHER THE SECURITIES AND EXCHANGE COMMISSION (THE SEC) NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THE Structure Implied Sources & Uses ($mm) Dave to merge with VPCC through a reverse-subsidiary merger Sources Dave to become a wholly-owned subsidiary of VPCC, which will be Existing Dave Shareholder Equity $3,500 renamed Dave and be additional CAC High-impact products significantly revenue-generative even before cross-attach, fueling marketing spend 21, Saving (Q2 Q3) Banking Dec 2020 Side Hustle Nov 2018 ExtraCash other similar epidemics or adverse public health developments, including government responses to such events. 20, Instant access to high-impact, low-CAC products More users and more 6 3 Maximum proceeds to select existing by the CFPB. for purposes of the proposed private placement financing (the Private Placement) as part of the proposed business combination of VPC Impact Acquisition Holdings III, Inc. (VPCC) and Dave Inc. (the Proposed Business This Presentation does not constitute an offer, or a solicitation of an offer, to buy or sell any securities, investment or other Investors should carefully consider the risks and uncertainties inherent in an investment in us and in the Securities, including those described below, before subscribing for the Securities. If the Proposed Business Combinations benefits do not meet the expectations of investors or securities analysts, the market price of our securities or, following the consummation of the Proposed Business Combination, the Combined 24 slides. We transfer funds to our users daily, which in the aggregate comprise substantial The SPAC Deal: Dave announced a SPAC deal with VPC impact Acquisition Holdings III VPCC , valuing the former at a pro forma equity value of $4 billion. improper or unauthorized use of, disclosure of, or access to such data could harm our reputation as a trusted brand, as well as have a material adverse effect on our business. Forma Cash 1 87% Existing Dave Shareholders $389mm of net cash held on the pro forma balance sheet Capitalization PIPE Shareholders Implied Market Capitalization $3,951 SPAC Shareholders 5% 2 (-) Net Cash on Balance Sheet (389) 6% SPAC obtain or maintain the listing of the combined companys common shares on the New York Stock Exchange or Nasdaq following the Proposed Business Combination; (vii) the risk that the Proposed Business Combination disrupts current plans and FinTech Dave Inc. merged with the publicly traded special purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III Inc. and will go public on Nasdaq on or about on Thursday (Jan.. EBITDA is defined as earnings Momentus Investor Presentation - Powering In-Space Transportation 06/21. methodology of calculation of EBIT, EBITDA and EBITDA Margin is appropriate, such methodology may not be comparable to that employed by some other companies. combined business. Consumer Financial Protection (the CFPB), the stated purpose of which is to determine whether there is or has been a violation of any laws enforced by the CFPB. BigBear.ai Investor Presentation - GigCapital Contacts MacKenzie Partners, Inc. 1407 Broadway, 27th Floor New York, NY 10018 Telephone: (212) 929-5500 (Call Collect) or Call Toll-Free: (800) 322-2885 June 7, 2021 BigBear.ai Investor Presentation Failure by us, or any of our business partners, to comply with applicable laws and regulations could have a material adverse effect on our business, financial position and results of operations. SoFi Q4 2022 Earnings Conference Call. 2, Disclaimer INDUSTRY AND MARKET DATA Although all information and The risks presented below are certain of Marketing) 4 13 29 58 87 113 EBITDA pre-Marketing $4 $29 $46 $52 $137 $216 % NEITHER THE SECURITIES AND EXCHANGE COMMISSION (THE SEC) NOR ANY STATE consummation of the Proposed Business Combination, the Combined Company will incur significant increased expenses and administrative burdens as a public company, which could negatively impact its business, financial condition and results of All trademarks and brand names belong to their respective owners and do not represent endorsements of any kind. substantial sums, and are subject to the risk of errors, which could result in financial losses, damage to our reputation, or loss of trust in our brand, which would harm our business and financial results. or sell additional functionality and services to them, our revenue growth will be adversely affected. Dave and VPCC RISKS RELATED TO DAVES BUSINESS We have historically incurred losses in the operation of our business. Each of VPCC and Dave expressly disclaims any obligations or undertaking to release publicly any updates Proposed Business Combination (the Merger Agreement) and the Proposed Business Combination, and approval of the other proposals to be described in the proxy statement relating to the Proposed Business Combination. Some data is also based on the good faith estimates of Dave and VPCC, which are derived from their respective reviews of internal sources as well as the Sign Up. our financial position and results of operations. In addition to the approximately $144 million held in Panacea's trust (assuming no redemptions), a group of premier healthcare investors . Were going up against legacy banks and their 1 $30bn of overdraft AeroFarms home The Vertical Farming, Elevated Flavor company While VPCC and Dave believe that their furnished by Dave and VPCC, with the U.S. Securities and Exchange Commission (the SEC), including the documents filed or furnished in connection with the proposed transactions between Dave and VPCC. Application of such requirements and restrictions to Daves products and services could require us to make significant changes to our business practices (which may increase our operating expenses and/or Going forward, unique users represents combination of connected bank accounts and Dave bank accounts. Any interruption or delay in the services provided by our third-party service providers could impair the delivery of our platform and our business While agreements with our processing providers are terminated, we could experience service interruptions. 19Phased Launch To Date It is not intended to form the Forward-looking statements may generally be identified by the use of words such as believe, may, will, estimate, continue, anticipate, The VPCC board has not obtained and will not obtain a third-party transactions with significant PIPE activity Strong Unit Economics The VPC SPAC franchise has raised over $1.2 billion of primary capital since September 2020 (4 SPACs + Bakkt PIPE transaction) Growing Addressable Market immaterial that could also cause actual results to differ from those contained in the forward-looking statements. If we cannot address any of the following risks and uncertainties effectively, or any other risks The use or display of third parties trademarks, service marks, trade names Investor Presentation. The financial services industry continues to be targeted by