Newly formed corporate venturing unit Marubeni Ventures has hired Hiroki Eda, formerly of DG Incubation, as managing director.

The mortgage technology developer raised $15.3m in a round featuring Mitsubishi Estate, Sompo Japan Nipponkoa, West Holdings and Credit Saison.

The savings assistance app developer boosted its overall funding to more than $63m in a $27.5m round featuring Citi Ventures and existing backer GV.

Norwest Venture Partners has acquired a 5% stake in JPMorgan Chase and Chernin Group-backed digital banking service provider Dave at a $1bn valuation.

The financial and insurance product marketplace has raised the largest ever series A round for a Spanish fintech startup, from a consortium including USM.

BAI returned to back insurance services provider Mintbao having previously supplied angel funding in March 2018.

Citi Ventures and RBC Ventures have both backed payment data managment platform Fidel in a series A round that will fund hiring and international growth.

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

Allianz Asset Management reinvested as Poste Italiane led a $44.4m round bringing the wealth management services provider's total funding to more than $125m.

Venture capital firm Runa Capital co-led a $21.9m round for the PayU and Rakuten-backed consumer lending platform to bring its overall funding past $300m.