Propel company logo
We're making America's safety net more user-friendly51-200 Employees
  • B2C
  • Growth Stage
    Expanding market presence
  • Top Investors
    This company has received a significant amount of investment from top investors
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Propel careers

We're making America's safety net more user-friendly
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.
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Avatar for Jimmy Chen
Founder and CEO @Propel • Former PM at @facebook, @LinkedIn • Studied at @Stanford University
Valuation

$0

Funded over

4 rounds

Latest round

Series A (Dec 2018)

image

Healthcare and a 401k

Retirement

16 week parental leave.

Generous vacation policy.

Unlimited sick days.

+2 more
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