Alphabet and Roc Nation-backed trading app developer Robinhood is reportedly looking to secure funding at a valuation of more than $7bn.

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

Online investment management service Wealthsimple secured $74.6m in an Allianz X-led round that also featured long-standing investor Power Financial.

The GCV Symposium finished up with a discussion with Dominic Maffei of SC Ventures and Erica Young from Anthemis Group concerning the impact of fintech on big banks.

The Orange-backed electronics financing provider has increased its total equity and debt financing to $70m with a Greylock-led series B round.

Baidu and China Citic Bank-owned AIBank is looking to raise up to $1bn in the coming months, adding to the $576m in capital provided by the corporates so far.

Thomas Zehnder of BlueOcean Ventures and Ami Ben David of Spice Venture Capital discussed the advantages of blockchain technology in making assets such as venture capital less rigid.

Visa, CommerzVentures and CreditEase were among the existing investors that backed card issuer Marqeta in a round that valued it at nearly $2bn.

The Mitsui and Virgin-backed money transfer service more than doubled its valuation to $3.5bn in a round that involved existing backers selling shares.

Jacqueline LeSage Krause of Munich Re Ventures and David Gilmour of BP Ventures are co-chairs of this year’s GCV Symposium, which is looking at how to navigate market turbulence.