Chime and Dave executives speak on neobanks at TechCrunch Disrupt 2024

The emergence of neobanks has transformed the financial landscape, with companies like Chime and Dave evolving from challengers to significant players in the banking sector. At the upcoming TechCrunch Disrupt 2024, Chime's product officer Madhu Muthukumar and Dave's CEO Jason Wilk will share insights on their companies' remarkable growth despite challenging macroeconomic conditions. Chime has achieved a milestone of 7 million active users and is preparing for an initial public offering (IPO), while Dave boasts a membership of 10 million and has reported a record revenue of $73.7 million in the first quarter. Both leaders will discuss their strategies for navigating an increasingly competitive market and how they differentiate themselves from traditional banks. The event, scheduled for October 28 to 30 at the Moscone Center in San Francisco, is expected to attract over 10,000 startup leaders and venture capitalists. Attendees will engage in discussions on various pressing topics in the startup ecosystem, including advancements in artificial intelligence, software as a service (SaaS), and space technology. As neobanks continue to gain traction, the dialogue at TechCrunch Disrupt 2024 will provide valuable perspectives on the future of digital banking and the evolving relationship between fintech companies and traditional financial institutions.