Guohua Life Insurance and 58 Group supplied series B funding for online insurance platform Wukongbao, adding to $15.3m in pre-series A funding in 2016.

The Brazilian payment and commerce services provider floated above its range and raised an extra $100m from Ant Financial through a private placement.

Nomura Holdings, Daiwa Securities, Mitsubishi UFJ, Sumitomo Mitsui Financial and Mizuho Financial will aim to raise up to $1.78bn for the fund, in partnership with China Investment Corporation.

Brazil-based fintech companies have been on the news in recent times, showing the potential of the South American country’s ecosystem.

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

The corporates will establish a blockchain lab to look at applications using the cryptographic record system while also running related workshops and competitions.

Hard Yaka has supplied $30m in funding for Yoyo Wallet, a portfolio company of Telefónica and Metro Group, as part of a strategic partnership.

Hard Yaka has supplied $30m in funding to IP Group’s portfolio company Yoyo Wallet as part of a strategic partnership.

Goldman Sachs and Citi have returned to back a $20m series B round for Crux Informatics that almost doubled its overall funding to $41m.

Azur has won the support of co-founders AIG and Ascot as well as fellow insurer Hyperion to develop products targeting the high-net-worth insurance segment.