InvestingNews
Intuit Ventures Backs Forage to Expand Online SNAP/EBT Access
Intuit Ventures is investing in Forage, a financial infrastructure platform that simplifies online SNAP/EBT payments for merchants and consumers. The Series B round includes participation from Mouro Capital, PayPal Ventures, Nyca Partners, and others. Forage addresses a gap in the market where nearly 38 million Americans across 20 million households receive SNAP/EBT benefits but face barriers to using them online due to complex merchant requirements and legacy infrastructure.
by Nichole Wiza· Intuit
Source