ITC Holdings-backed marketing technology producer Cardlytics is awaiting the right moment to go public, potentially targeting a 2018 flotation.

The financial services firm's ING Ventures fintech fund will continue work on investments that has so far included Kabbage, WeLab and R3.

QBE Ventures has selected RiskGenius as its first portfolio business, having launched with $50m in funding earlier this year.

SEB, Nordea and ABN Amro have contributed to a $16.4m round that took the mobile wallet developer's total funding to more than $31m.

Wells Fargo Startup Accelerator has chosen Edquity, Hurdlr, Redrock Biometrics and SimSpace for its latest cohort.

The corporate venturing unit has launched a second fund, just over three years after putting $100m into its first.

American Express and Foxconn have contributed to a series B round for Abra, bringing the company's total funding to more than $35m.

SBI Group and Siam Commercial Bank contributed to the round, which will fund the mobile banking app developer's international expansion.

SoftBank invested in the online lending platform through a Silver Lake-led round that reportedly valued the company at $4.3bn.