Neobank Dave has reached an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note it issued to FTX Ventures in 2022 (Ana Paula Pereira/Cointelegraph)

Ana Paula Pereira / Cointelegraph:
Neobank Dave has reached an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note it 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.