Nine companies will participate in the internet company’s three-month accelerator programme, which is set to launch next month.

Alibaba is set to retain a 32% stake in its financial services spinoff, which has secured regulatory permission for a dual listing that could value it at more than $250bn.

The UnitedHealthcare-backed health insurer has announced a $105m series B round that comes after a $70m round two years ago.

TransUnion has contributed to a series A-1 round for the financial management and advice app developer as part of a commercial partnership deal.

The Mexico-based challenger bank secured $15m in a Prosus Ventures-led round that included the Santander-sponsored Mouro Capital.

The investment analytics system developer added $3m from investors including Donnelley Financial Solutions, DLA Piper and Orrick to $10m it raised in February.

Existing investor SIG China returned for a $37.2m round that pushed the insurance software provider's overall funding past the $70m mark.

The e-commerce software provider has now raised more than $38m altogether, Qualcomm Ventures having co-led its latest round.

Cuna Mutual's CMFG subsidiary had led digital lending software provider CuneXus' series A round three years ago.

Copec subsidiary Wind Ventures was among the investors in a $12m round that will help the e-commerce wholesaler expand in Latin America.