Financial

Tomás Zavala is leaving after six years working on the Chilean financial services firm's corporate venture capital activities.

After rejoining Hearst Ventures in July, Gabby Munoz was tasked to make fintech deals at the US media firm’s ratings agency subsidiary.

We’re entering a new age of highly personalised and democratised financial services, says Fidelity International Strategic Ventures’s Alokik Advani, but we still want our hands held.

Luca Zabaione, who was with Banca Sella for 14 months, will be senior investment manager for VC group CDP’s Digital Transition Fund.

The UK insurer’s CVC team, headed by Ben Luckett, has joined Aviva Investors’ newly formed venture and strategic capital function.

PruVen Capital's first fund had one corporate backer. Its second sees contribution from multiple insurance companies.

Turkey has the ingredients to be a top tech market, but it needs investors to take more risk if its startups are to get past early stage.

The corporates both committed further nine-figure sums to back startups in the rapidly growing Indian venture market.

Wana Schulze and Ivan Yoon will lead CVC investments at Telefónica’s seed and early-stage Brazilian subsidiaries.

Axa Venture Partners will invest nine-figure amounts through the new fund, which is expected to close in 2025 with its insurer parent putting up half the capital.