3Pay acquires MoneyTrack and wants to scale up

▤ Summary

3Pay acquired MoneyTrack’s assets and employees to strengthen its payment-control technology and accelerate growth. The French fintech also raised 1.5 million euros in a second funding round. Its core product helps patients avoid paying health expenses upfront by using a Mastercard-based card for covered medical payments. With MoneyTrack’s verification technology, 3Pay plans to validate coverage in real time, reduce fraud, and expand into auto and home insurance through a new offer called Tyris.

▦ Linked Companies

3Pay

up to $1M