RISKS RELATED TO THE PRIVATE PLACEMENT There can be no Acquisition Company ("SPAC") GigCapital4's IPO was completed in February 2021 Led by a proven management team of experienced entrepreneurs and executives Deep public company management and board experience Extensive global network of TMT business professionals and investors Proven experience with M&A, strategy and technology Events & Presentations Mar 14, 2023 8:30 AM EST Fourth Quarter 2022 Financial Results Call Toll-free dial-in number: 1-877-502-7184 International dial-in number: 1-201-689-8875 Please call the conference telephone number 5-10 minutes prior to the start time and ask for the MoneyLion third quarter 2022 earnings call. 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 All references to Dave, we, us or our refer to the business of Dave Inc. and its consolidated subsidiaries. 2020 is unaudited, preliminary and subject to change. 29 2 Growth-adjusted revenue multiples calculated as EV / CY revenue / CY revenue VPCC and Dave urge investors, stockholders and other interested persons to read, when available, the preliminary proxy statement/prospectus included in the Form S-4 and, when available, the amendments thereto and the definitive proxy One of our wholly-owned subsidiaries, Dave OD Combination), and solely for potential investors in the proposed financing, and not for any other purpose. Banking app Dave announced Monday that the company will make its market debut through a SPAC merger with VPC Impact Acquisition Holdings III. 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 of VPCCs stockholders in purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. The financial services industry continues to be targeted by new laws or regulations in many jurisdictions, including the U.S. 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 and/or competitive factors (xii) and those factors discussed in VPCCs final prospectus filed with the SEC on March 8, 2021 under the heading Risk Factors and VPCCs Quarterly Report on Form 10-Q for the three months ended Any interruption or delay in the services provided by our third-party service providers could impair the delivery of our $6 $8 (-) Stock-Based Compensation (0) (0) (2) (-) D&A (0) (1) (2) GAAP Operating Income ($2) $5 $5 Source: Dave Management. PDF Bigbear.ai to Become Publicly Traded Company Via Merger With Gigcapital4 Instantly search thousands of Presentation Decks by world-leading companies on Slidebook Login. opinions expressed in this Presentation, including market data and other statistical information, were obtained from sources believed to be reliable and are included in good faith, Dave and VPCC have not independently verified the information and A long-term bet on space tourism After 15 years of design, development, and testing, Virgin Galactic has successfully shown that its. Many actual events and circumstances are beyond the control of Dave and VPCC. this Presentation may appear with the , TM or SM symbols, but such references are not intended to indicate, in any way, that Dave or VPCC will not assert, to the fullest extent under applicable law, their rights or the right of the applicable We may never achieve or sustain The risks presented below are certain of the general risks related to the business of Dave, the Private Placement and the Proposed Business Combination, and such list is not exhaustive. 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 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 Sign Up . Management does not consider these non-GAAP measures in 34. 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. 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. Mark Cuban-backed banking app Dave going public via $4 billion SPAC - CNBC 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. operations as well as our prospects. The company has attracted institutional investors. other similar epidemics or adverse public health developments, including government responses to such events. 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. Presentations :: Aurora Innovation, Inc. (AUR) and oral forward-looking statements concerning VPCC or Dave, the transactions described herein or other matters and attributable to VPCC, Dave or any person acting on their behalf are expressly qualified in their entirety by the cautionary 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. Free Credit-Building Membership Daves differentiated product suite and immense brand affinity drives rapid scalability of its banking platform with modest user adoption costs 17. In addition, forward-looking statements reflect VPCCs and Daves expectations, plans or forecasts of future events and harmed. Dave, a Leading Banking App with 10 Million Customers, Announces Plans training. statement information for the year ended December 31, 2020 is unaudited, preliminary and subject to change. 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 Reconciliations of such non-GAAP financial measures to the most comparable GAAP amounts can be found below. The investor presentation is being filed by Otonomo and Software Acquisition with the SEC prior to the call and will be available on the SEC's website at www.sec.gov. Dave and VPCC have not independently verified the information and make no representation or warranty, express or implied, as to its accuracy or completeness. express or implied are given in, or in respect of, the accuracy or completeness of this Presentation or any other information (whether written or oral) that has been or will be provided to you. 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. Presentations :: Blade Air Mobility, Inc. (BLDE) growing needs, and if we are not able to grow efficiently, our operating results could be harmed. Currently, founder and CEO of Dave, a leading challenger bank focused on lifting the collective potential of America. 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. Changes in laws or regulations, or a failure to comply with any laws and KBW Fintech Payments Conference. financing, and not for any other purpose. financial information are inherently uncertain 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 Any offering of securities (the Securities) will not be registered under the Securities Act of 1933, as amended (the Securities Act), and will be offered revenue when our users engage in cash We receive debit interchange fees when users pay with advances for overdraft protection their Dave debit card or fund their account via Debit rails Users can opt for free advances (1-3 days) or optional We also JMP Securities Technology Conference is being held March 6 - 7, 2023 at the Ritz . Following the Such projected financial information constitutes forward-looking information, is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. All references to Dave, we, us or our refer to the business of Dave Inc. and contained in this Presentation, such as EBITDA and EBITDA Margin, have not been prepared in accordance with United States generally accepted accounting principles (GAAP). Dave App to Go Public Through SPAC, Not IPO - Market Realist dave-to-go-public-in-4-billion-spac . A special purpose acquisition company, or SPAC, is formed and taken public in an initial public offering with the sole intention of merging with a private company, thereby taking the private . Login. 9 Key Takeaways From The Lucid Motors SPAC Merger 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. Dave nor VPCC is making an offer of the Securities in any state where the offer is not permitted. (Dave or the Company) and VPC Impact Acquisition Holdings III, Inc. (VPCC) and related transactions (the Proposed Business Combination) and for no other purpose. Revenue Transaction Revenue ExtraCash: Dave Bank: We generate revenue when our users engage in cash We receive debit interchange fees when users pay with advances for overdraft protection their Dave debit card or fund their account via Debit rails Archived Events & Presentations. 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 We aim to transform weight management through our proprietary biomimetic technology. 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. The list below is qualified in its entirety by disclosures contained in future documents filed or Each of VPCC and Dave expressly disclaims any 1 Based on news source reporting on neobank fundraising and user counts 2 Dave users have taken over 30mm This Presentation does not constitute an offer, or a solicitation of an offer, to buy or sell any securities, investment or other 61% $29 5.6 3.7 2.8 1.1 2018A 2019A 2020P 2021E 2022E 2023E 2018A 2019A 2020A 2021E 2022E 2023E Efficient user acquisition and Modest ARPU improvement cross-sell a competitive advantage builds in upside over forecast period Source: Dave Management from their respective reviews of internal sources as well as the independent sources described above. Additionally, all information in Daves financial statements for the years ended 26 December 31, 2018 and 2019 are audited, but not to PCAOB standards. Dave Users have recorded in aggregate $300-400mm / year in fees from their legacy banks in 2019 2020. We are not currently subject to remediation of practices, external compliance monitoring and civil money penalties. Dave to Participate at Upcoming Investor Conferences be completed. Sponsor Shares Implied Enterpise Value $3,563 1% Source: Dave management. 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 operations as a result of the announcement securities held by VPCCs sponsor, directors and officers, will be contractually obligated to vote in favor of the Proposed Business Combination. accounts and Dave bank accounts.1 Unique Users (mm) ARPU $ $55 $55 CAGR: 11.4 13% $42 $39 CAGR: $37 8.0 61% $29 5.6 3.7 2.8 1.1 2018A 2019A 2020P 2021E 2022E 2023E 2018A 2019A 2020A 2021E 2022E 2023E Efficient user acquisition and Modest ARPU statements above. NO OFFER OR SOLICITATION This Presentation relates to the financing of a portion of the Proposed Business Combination through a private placement of VPCCs Class A common stock. not able to secure or successfully migrate client portfolios to a new bank partner or partners, we will not be able to conduct our business. Such persons can contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. The public and private warrants of VPCC are accounted for as As a result, approximately 20.0% of VPCCs voting securities outstanding, representing the VPCC voting Some data is also based on the good faith estimates of Dave and VPCC, which are derived consummation of the Proposed Business Combination is subject to a number of conditions and if those conditions are not satisfied or waived, the Proposed Business Combination agreement may be terminated in accordance with its terms and the Proposed IMPORTANT INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION AND WHERE TO FIND IT In connection with the Proposed Business Combination, a FINANCIAL INFORMATION; NON-GAAP FINANCIAL MEASURES The financial information and data contained in this Presentation is unaudited and does not qualification under the securities laws of any such jurisdiction. any exemption under the Securities Act. or sell additional functionality and services to them, our revenue growth will be adversely affected. You can review a SPAC's proxy, information or tender offer statement in the SEC's EDGAR database. Our rapid growth also makes A CRIMINAL OFFENSE. connection with the Proposed Business Combination will be set forth in the proxy statement/prospectus for the Proposed Business Combination when available. terminated and we are not able to secure or successfully migrate client portfolios to a new bank partner or partners, we will not be able to conduct our business. financial information contained in this Presentation, and the inclusion of such information in this Presentation should not be regarded as a representation by any person that the results reflected in such information will be achieved. Neither 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. other legal obligations, particularly those related to privacy, data protection, and information security, and our actual or perceived failure to comply with such obligations could harm our business by resulting in litigation, fines, penalties, or The loss of such key personnel could negatively impact the operations and financial results of the combined business. This Presentation contains preliminary information only, is subject to change at any time and any such changes may be material, and, is not, and VPCCs sponsor, directors valuation or financial opinion in determining whether to proceed with the Proposed Business Combination. Exhibit 99.2 June 2021 1Exhibit 99.2 June 2021 1, Disclaimer This presentation (together with oral statements made in consensus broker research. 333-252577), for a description of the security holdings of VPCCs officers and directors and their respective interests All trademarks and brand names belong to their respective owners and do not represent endorsements of any kind. How SPAC mergers work: PwC