Does Forage plan to expand beyond the US and work with EBT-like systems in other countries?

Yes, but there’s about $120 billion EBT spend and $200 billion EBT total, which adds in other spends that are on the exact same payment rail that we’ve created. It’s a greenfield opportunity because no one is tapping into this. We think Forage can easily earn 50-80% of the online EBT market. That’s our main focus now.

Forage has great partners with Shopify, Uber, and Farmstead. We want to continue to provide value for them, and one of the biggest value-adds we can do is to build compliant payment systems for them. In terms of international, there’s a huge opportunity with social benefits elsewhere. But as a startup, and a company early on, we want to do one thing great. So that’s what we’re focusing on today.