Allian X has returned to back the mobile insurance provider in a fresh funding round that included fellow corporate venturing unit CreditEase Fintech Investment Fund.

Prudential and AIA are reportedly in advanced discussions to invest in Grab Financial Group, which is seeking $300m to $500m in capital.

American Express Ventures has been named as an investor in business payment platform developer Melio, which just closed an $80m round that hiked its overall funding to $144m.

Checkout.com made its first investment in the cross-border payment platform as part of a round that will fund its expansion in emerging markets.

NTT Investment Partners supplied a reported $4m for a round that valued the payment software developer at $338m post-money.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Centerbridge has led a $178m round as part of a primary and secondary share purchase that will give it a majority stake in the Aegon and Transamerica-backed lending platform.

MDI Ventures, BRI Ventures and Mandiri Capital Indonesia will be tasked with investing in technologies that can modernise state-owned enterprises.

The human resources firm’s incubator and accelerator scheme has chosen six startups for its latest batch, which will run from September to November this year.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.