MoneyTrack to raise €2.3 million from Truffle Capital and from business angels.

MoneyTrack, a Paris, France-based developer of a financial solution for the healthcare industry, announced compelting a €2.3 million ($2.7M) capital funding round.

The money was raised from investors including Truffle Capital and business angels from France whose name was not disclosed.

The money will be used to fund the acquisition of the Marseille startup Proxegia, which should allow it to fully integrate the ecosystem of complementary health.

MoneyTrack, founded in 2-18 by CEO Christophe Doré, developed a blockchain-based payment platform, allowing the players in the health journey to be authenticated. The platform is linked to the insurers' information system, which makes it possible to repatriate all the guarantees of the insured's contracts. The startup has also deployed mobile applications for health practitioners and policyholders, through which it is possible to identify them.

MoneyTrack claims 800,000 people protected on its platform and is connected to 6,000 health practitioners. The startup now aims to double its turnover and manage more than 100 million euros by 2023.

Prior to this round, MoneyTrack raised a total of €3.1 million.