Galileo, the API payment processing platform for card issuing and digital banking, announced it will be powering Dave Banking's app-based spending account and debit card, according to a press release.

Dave helps over seven million customers budget, avoid overdraft fees, find work and build credit.

"Dave is on a mission to create financial opportunity that advances America's potential by giving our customers the fluidity they need to navigate life's ups and downs," Jason Wilk, co-founder and CEO of Dave said in the release. "Galileo's powerful platform enables our banking product to help the average American on their financial journey."