FTX Invests $100 Million in Banking App, Forges Strategic Partnership

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FTX Invests $100 Million in Banking App, Forges Strategic Partnership
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Fintech app Dave has partnered with FTX US to introduce cryptocurrency payments on the platform. It also received a $100 million investment from FTX Ventures.

FTX Ventures has invested $100 million in the public-traded banking app – Dave – which also announced forging a “strategic partnership” with West Realm Shires Services, the operator of FTX US.

Dave is the latest fintech app that has joined the likes of Cash App, PayPal, Venmo to add crypto service in its offerings. Following the development, Jason Wilk, Chief Executive Officer of Dave, commented,

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