The Brazil-based bank has supplied half the capital for a $13.5m fund that will invest in local fintech startups.

Citi Ventures came on board as an investor in the financial advisory platform, which also counts Ageon and New York Life as backers.

Existing investors New York Life and UBS came back for a series E round that increased the wealth management platform's total funding to $120m.

Raiffeisen and Uniqa have contributed to a fund that will help the firm expand from seed-stage deals to series A and B rounds.

Zurich Insurance has co-led a $17.3m round for insurance technology developer DIG alongside a collaboration agreement.

The PayPal and Qualcomm-backed financial services app developer has received $40m from GIC and Sequoia China, taking its total funding to $117m.

Life insurance platform Ethos has emerged from stealth with backing from investors including Roc Nation as it looks to drive business growth and product development.