The Opera spinoff received the cash in a round featuring Meituan Dianping, SoftBank Ventures Asia and Bertelsmann Asia Investments.

The Fleetcor, Mastercard and American Express-backed business finance software provider has raised more than $275m in venture funding.

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

SoftBank Vision Fund has agreed to participate in a $1bn funding round for Paytm, but has stipulated the payment processing platform seek an IPO within five years.

Ping An is in line for an exit as its fintech spinout OneConnect files for an initial public offering potentially worth as much as $500m.

Transsion joined NetEase and MediaTek to enter the Africa-focused mobile payments arena with a seed investment in mobile wallet app developer PalmPay.

Sector report: Fintech

Visa is thought to have invested $200m in a deal officially valuing Africa-focused payments services company Interswitch at $1bn.

CyberAgent-founded crowdfunding platform has applied for an initial public offering on the TSE Mothers Market that it expects will fetch it a $155m valuation.

Ucaidao has raised $40m in all having won the backing of Tencent, SoftBank, Alphabet, K11 and Agricultural Bank of China for its latest round.