Company Information

Get to know Propel

Propel, Inc. is a public benefit corporation dedicated to improving the financial health of low-income families in the United States. Its flagship product is the "Providers" app (formerly known as Fresh EBT), which allows users to manage government benefits like SNAP (food stamps), track their EBT balance, and find stores that accept EBT. The company's mission is to build a 21st-century safety net by creating technology that is user-centric and empowering. Beyond benefit management, Propel also offers access to a free debit Mastercard account and other financial tools to help its users manage their money more effectively.

Industry

Technology Software DevelopmentPRIMARY
Financial Insurance

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Propel

United States

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.