The U.S. Federal Trade Commission sued financial technology company Dave Inc in Los Angeles on Tuesday, accusing it of luring users to its personal finance app by advertising cash advances of up to $500 that many never receive.

Banking app Dave didn't provide promised cash advances and charged customers hidden fees, according to a Federal Trade Commission complaint filed on Tuesda

The US Federal Trade Commission sued the cash advance app over hidden fees and dark-pattern cancellation mazes.

The U.S. Federal Trade Commission sued financial technology company Dave Inc in a California court on Tuesday, accusing it of misleading users of its personal finance app by offering cash advances that few received.