Dave Gets $3M To Help You Avoid Bank Overdrafts

Los Angeles-based Dave, a developer of artificial intelligence for preventing bank overdraft fees, said this morning that it has raised $3M in a seed funding round. The funding came from Mark Cuban, SV Angel, The Chernin Group, along with Jonathan Kraft, Skip Paul and Diplo. Dave's mobile app helps users predict their expenses and avoid overdrafting their checking accounts--plus also lets users borrow money as an advance on their paycheck. More information »