Forage
“Can a single API layer become the definitive infrastructure for SNAP EBT and government benefits payments across U.S. e-commerce?”
Founded2019
HQSan Francisco, CA
FoundersOfek Lavian
Total raised$22M+
Latest roundSeries A (extended), 2022
IndustryFintech / Payments
The story
Founded in 2019, Forage Technology Corporation was purpose-built as the 'Stripe for government benefits' — specifically targeting the underserved SNAP EBT (food stamps) online payments market. Rather than pivoting away from its original thesis, Forage has doubled down on government benefits infrastructure, expanding from a handful of online grocers to major platforms like Uber Eats and Adyen-powered retailers. The company positions itself as mission-driven payments infrastructure, bridging the gap between the $100B+ U.S. government benefits market and modern e-commerce.
Product timeline
2019
Forage Technology Corporation founded in San Francisco to enable SNAP EBT payments for online grocers.· payments
2022
Raised $22M from Nyca Partners, Instacart founder Apoorva Mehta, and PayPal Ventures to expand SNAP EBT payment infrastructure.· payments
2023
Announced partnership with Uber Eats to enable SNAP EBT payments on the delivery platform, reaching food desert communities.· payments
2023
Partnered with Adyen to enable SNAP EBT acceptance for Adyen retailers.· payments
The stack
3 layers disclosed in Forage’s embedded-finance stack
Payments / PSP
Forage (self-operated)Adyen
Banking / BaaS
in the full report
Sponsor bank
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.