The bank's corporate venturing unit contributed to an expansion of Taulia's series D round increasing its overall funding to $70m.

Taulia, a US-based developer of cloud-based payment software, has extended its series D round by $13m to $40m with funding from BBVA Ventures, the corporate venturing unit of Spain-based bank BBVA Group, and EDBI, the investment group of Singapore’s Economic Development Board.

In July, Taulia initially closed its D round at $27m from QuestMark Partners, which led the round, Trinity Ventures, Matrix Partners, Lakestar and Dag Ventures.

Founded in 2009, Taulia has now raised $70m in total. The company…