Fintech-focused venture firm MiddleGame Ventures has secured S&P Global as a limited partner for an early-stage fund expected to close at $165m next year.

Alibaba's financial services affiliate is looking to raise $1bn for a vehicle that will make strategic investments in emerging markets.

Tencent and SoftBank co-led a $150m series C round for financial services app developer Ualá that increased its overall funding to $194m.

Pan-Southeast Asia payment processing service 2C2P secured the funding having previously been backed by two subsidiaries of internet company GMO.

Asset data and management software provider Lixiangjia has raised series D-plus funding having reportedly already begun IPO preparations.

Eight months after reports of the round first surfaced, Paytm has raised $1bn in series G funding at a $16bn valuation from investors including Ant Financial and SoftBank.

A second US-China Green Fund equipped with $350m to $400m is expected to launch later this year with the backing of Chinese Academy of Sciences.

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

Property investment management platform Juniper Square, whose shareholders include LeFrak, has added $75m to its coffers thanks to a series C round led by Redpoint Ventures.

CV Starr and Zurich Insurance are set to exit business insurance provider CoverWallet in an acquisition by professional services firm Aon.