The rise of neobanks has been fascinating to watch in recent years, with many of them having grown from simply challenging traditional banks to becoming huge players in their own right.
Chime and Dave are just a few of these neobanks. At TechCrunch Disrupt 2024, Chime Product Officer Madhu Muthukumar and Dave CEO Jason Wilk talk about how their companies overcame challenging macroeconomic conditions to achieve impressive growth in both customers and revenue. Chime has grown to 7 million active users and is preparing for an IPO, while Dave has 10 million members and is profitable, reporting record revenue of $73.7 million in the first quarter.
The pair will take to the Fintech stage to discuss the pros and cons of building and growing a neobank in an increasingly competitive market, how it competes with traditional banks, and their thoughts on the future of digital banking.
TechCrunch Disrupt 2024 is the epicenter of the startup world, taking place from October 28 to October 30 at the Moscone Center in San Francisco. Enjoy three days of content on the hottest topics in the startup world, including AI, SaaS, space, and more, and network with over 10,000 startup leaders and VC industry insiders.
Purchase your tickets here.