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  • 1 year ago
268: How Mark Cuban backed Is Outsmarting Overdraft Fees

268: How Mark Cuban backed Is Outsmarting Overdraft Fees

Jason Wilk is better known as the AllScreen and Founder, and is currently an active Angel Investor, and Co-Founder Advisor of Mark Cuban-backed WriteyBoard. But today, I invited him onto the show to talk about his brand new FinTech app Called Dave! The app helps millennials by predicting future expenses and preventing negative balances with a unique spin on borrowing money. Dave exists because its creators think it's fundamentally wrong to kick people when they're down. A coffee should not end up costing you $38 after overdraft and bank fees. Upon connecting any checking account, Dave instantly analyzes trends from an individual's bank history and displays their '7 Day Low', a number which represents the lowest Dave forecasts your account balance will get in the next week. It's like a weather report for your checking account. If your '7 Day Low' dips below $0, Dave notifies you to take action. "We invented this new type of account balance because a current balance just d