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Propel

We're making America's safety net more user-friendly

Top Tier Investor

Overview

Employees
51-200
Locations
New York, Brooklyn
42 million Americans receive government benefits for programs like food stamps on an EBT card. They spend a combined $66 billion every year through EBT cards, making it one of the most important payment methods in the United States. But the EBT card isn't very user-friendly - in order to check your balance, you have to call a phone hotline or save your old grocery receipt. As a result, poverty-fighting programs like food stamps aren't nearly as effective as they could be.

We build Fresh EBT, a free smartphone app that allows EBT cardholders to see their balance and transaction history, in seconds, for free. Fresh EBT provides much more than EBT card services: we aim to build a platform for financial health by helping our users save money on groceries, set a budget, and find jobs. Fresh EBT has over a million monthly active users across the country and is one of the top finance apps on Android and iOS.

Industries

Mobile Internet Financial Services Governments Groceries Apps Government Innovation Social Fin Tech

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