Social Capital leads funding in fintech company Simplee

Palo Alto, California-based Simplee, which provides a payment platform for healthcare patients, has raised $20 million in a Series C funding round led by existing investor Social Capital. Also participating are existing investors 83North, Heritage Group and new investor American Express Ventures. The company raised $16 million in its two previous rounds combined, including a $10 million Series B in September 2013.

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