INSUBCONTINENT EXCLUSIVE:
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
EBT is now used by more than 1.5 million Americans each month, and that more than 30,000 people have applied for jobs this year that they
discovered through the app
For example, the announcement quotes one user, Tracy B
Partner Hans Morris in a statement
