Propel

“One of the more exciting companies that we have, and you're going to hear from later, is called Propel. And what they've done is they've enabled someone like Alice to load their monthly card into their app. And Propel will show Alice not only how much money sh…”

“Our business is selling advertising to grocery retailers and grocery brands who want to attract the business of our shoppers at their stores, often by providing coupons and discounts directly to our users.”

“We think about ourselves a little bit like how TurboTax works for the tax process, and that here's a private sector company that's able to take the UI of a particular program and make it significantly better such that people save time and money, and I think th…”

“So, we have a million monthly active users across the country now who use Fresh EVT at least once a month. These are all families that are on food stamps. About 60% of them found the app through some friend or family member telling them that this is something …”

“So over the last few years, we've helped about 500,000 people who are using SNAP benefits to get jobs, and we publish all sorts of jobs, whether it's on-demand, seasonal, part-time, or full-time, and we are paid by employers as a marketing channel to help them…”

“There are about twenty million households in the United States who get SNAP benefits, so we're currently used each month by about a quarter of all Americans who get SNAP.”

“We're the only bank in the country that treats, ah, payments from the state or federal government, things like the unemployment program or the disability program or a tax credit as a first-class citizen as a primary way that people might put money into their a…”

“And we're currently working with the CFPB to give EBT cards the same data rights that are given to Americans who use checking accounts and other types of financial products, and we'd love, ah, support on that.”