The latest funding round was led by Target Global. : Wefox, a Germany-based digital insurance provider, announced today that it has raised $650 million in a Series C funding round. The fintech company has received a valuation of $3 billion. According to the official announcement, the latest funding round was led by Target Global. Several other prominent investors including OMERS Ventures, Gsquared, Merian, Horizons Ventures, Eurazeo, Mubadala, CreditEase, Salesforce Ventures, Speedinvest, Alma Mundi Ventures and Victory Park Capital participated in the latest funding round.