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S2 Ep6: Propel: Upgrading American Government
Episode 61st June 2022 • Just Raised • Joe Sweeny, a Workweek friend
00:00:00 00:46:44

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Meet the founder building a fintech business to upgrade government.

Propel is building the banking app for the 42M Americans on food stamps. The US government deploys $70 billion a year into food stamps and it doesn’t have a website where users can check their balance. Propel is changing that and building a killer business at the same time.


Jimmy has onboarded nearly 5 million users on less than $20M in venture capital - wildly capital efficient for a neobank. Now he’s building out a recruiting platform to help users find jobs, an advertising platform, and an all-in-one banking app.


Jimmy talks to Joe about how entrepreneurs can work with government and why people in the tech sector have failed to build products for Propel’s customer base - missing massive opportunities in the process.


If you’re growing fast, like Propel, and need marketing talent on board, check out MarketerHire. Using advanced AI tech and a thorough vetting process MarketerHire will match your business with a top-tier marketer and they’ll do it quickly. Get signed up today and find your marketing professional at marketerhire.com


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Twitter: https://twitter.com/jimmychen


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And if you’re a fan of Acquired, Invest Like The Best, Business Breakdowns or 20VC, you’ll love Just Raised



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