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Propel raises $12.8M for its free app to manage government benefits

Propel raises $12.8M for its free app to manage government benefits

TechCrunch Startup News · TechCrunch

December 17, 20183m 18s

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Show Notes

Propel, maker of the Fresh EBT app for managing food stamps and other benefits, announced today that it has raised $12.8 million in Series A funding. Fresh EBT (the EBT stands for the Electronics Transfer Benefit card, which is how food stamp participants receive their benefits) allows users to check their food stamp/SNAP balance and find stores that accept food stamps. Users can also track their spending.

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