Courtesy of Jimmy Chen
  • Age
    35
  • Title
    Founder and CEO
  • Company
    Propel

For the 60 million low-income Americans who rely on government safety nets, keeping an eye on finances can be a confusing and tedious affair. Through his company, Propel, and its free-to-use app, founder Jimmy Chen is helping 5 million Americans focus on their financial health. Becoming the banking provider for low-income America is certainly a “tall order,” Chen admits, but he’s up for the challenge. Inspired by technology’s potential for social good and the financial challenges his family experienced growing up, Chen is proving entrepreneurship can not only work alongside government bureaucracy, but improve it. Chen and Propel are making philanthropy more efficient, too, partnering with nonprofit GiveDirectly to issue $200 million in relief funds to Propel users affected by hurricanes in Florida and Puerto Rico.       Follow: Twitter