Swiss Re has disclosed the six startups that will make up the inaugural cohort of its InsurTech accelerator, founded to help disrupt the insurance industry.

Sega Sammy and Septeni have supported KK Fund's second vehicle, which will focus on early-stage startups across Southeast Asia, Taiwan and Hong Kong.

SCB's Digital Ventures unit has announced its plans to set up a $50m corporate venturing arm, an accelerator and a research and development unit.

The payment services provider hopes to expand across Southeast Asia following its series B round, which featured SBI, Sinar Mas and Ascend Group.

Details about Ant Financial's backing, unveiled today, remain scarce but it was likely part of the $87m series C round M-Daq closed in November 2015.

Nelnet-backed CommonBond has attracted $30m in series C equity, secured $300m in debt financing and acquired student loan management platform Gradible.

ShopClues has acquired mobile payment startup Momoe for up to $12m, providing an exit to equity holders including IDG Ventures India.

Santander has doubled the amount of capital allocated to the UK-based fintech corporate venturing unit it launched two years ago.