Forage raises $40m Series B for benefits-payment infrastructure
Mouro Capital, Nyca Partners, PayPal Ventures and other investors participated in the financing.
Forage raised $40 million in Series B financing on June 3. Participants included Mouro Capital, Nyca Partners, PayPal Ventures, Long Journey Ventures, Intuit Ventures, NextLadder Ventures, Pivotal Ventures and FJ Labs. Its infrastructure supports SNAP, WIC and HSA/FSA payments for retailers, alongside a consumer EBT balance app.