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Neobank Dave reaches an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note that the neobank issued to FTX Ventures in 2022 (Ana Paula Pereira/Cointelegraph) 07-01-2024

Ana Paula Pereira / Cointelegraph:
Neobank Dave reaches an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note that the neobank issued to FTX Ventures in 2022  —  Fintech firm Dave will purchase a convertible promissory note worth $100 million at a discounted rate, paying $71 million to FTX liquidators.


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