Brooklyn based food stamps tech company raised $50m in Series B funding led by Nyca Partners.
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Propel raises $50m in Series B funding
“The daily experience of poverty in America isn’t represented by charts and economic figures — it is calling the 1–800 number to check your EBT balance, it is getting charged a surprise overdraft fee by your bank because your income and bills didn’t quite line up, it is paying someone hundreds of dollars to do your taxes because you can’t afford to not receive your maximum refund.”
