Rap star Nas continues to invest in innovative technologies.
The rap star’s latest venture aims to help food stamp recipients, with digital coupons.
Nas is an investor in Propel, Inc., an app that brings digital coupons to food stamp recipients who use Propel’s Fresh EBT app.
Users can manage their benefits, increasing their ability to buy more food for their families.
Nas, Andreessen Horowitz, the Omidyar Network and the Golden State Warriors’ Kevin Durant recently pumped $4,000,000 into the new company.
People who receive food stamps benefits can, for the first easily access hundreds of digital coupons through Fresh EBT.
The free smartphone app allows Electronic Benefit Transfer (EBT) cardholders to check their balances, transaction history, add to their digital shopping lists and more.
The Fresh EBT app, first launched in January 2016, is now used by more than one million people across the country each month.
“Forty-two million Americans – one in seven Americans – rely on food stamps to feed their families.” – Jimmy Chen, CEO, and founder of Propel
Propel recently announced a partnership with Quotient, the leader in digital coupons and grocery savings.
Fresh EBT users can now add digital coupons for groceries and household items to their loyalty accounts at many grocery retailers across the country.
Shoppers simply enter their account number—typically a phone number—at checkout and savings are automatically applied.
For more information on Fresh EBT, download the app.