Forage, the mission-driven financial infrastructure platform, announced a $40 million Series B funding round. The Series B was led by Mouro Capital, with participation from Nyca Partners, PayPal Ventures, Long Journey Ventures, Intuit Ventures, NextLadder Ventures, Pivotal Ventures, and FJ Labs.

Forage also recently launched its new consumer app, a free tool that helps low-income families securely check their EBT balances and get rewarded for everyday purchases. Forage will use this new funding to scale the app and expand the company's payments infrastructure.