Backed by Cambria Health Solutions and Link-Age, True Link has now raised $50m in all to provide financial services geared toward vulnerable groups.

True Link Financial, a US-based financial services provider backed by health insurer Cambria Health Solutions and retirement home firm Link-Age, is raising $35m in series B funding across two tranches.

Khosla Ventures led the first tranche and Centana will lead the second on a pre-emptive basis, however, True Link neither specified individual amounts or any other participating investors.

Founded in 2012, True Link Financial offers financial services such as payment cards and investment guidance to people in more fragile situations…