Home rental finance service Jetty bagged $23m from investors including Citi, Farmers Insurance and CreditEase, while ByteDance co-led IoT technology developer RiVai's latest round.

PayPal was one of several corporates to invest in Paidy before agreeing this week to purchase the consumer finance service provider.

Stripe helped cross-border payment processor Wave secure unicorn status in a series A round led by Sequoia Heritage at a $1.7bn valuation.

Scor joined returning investors Investec and Passion Capital to back the expat-focused auto insurance platform’s series B round, valuing it at $1.25bn.

Channel Talk, Segari and Borneo are all among the companies that have raised corporate venture capital, while Tepco celebrated an exit with the acquisition of Me:New.

Versanis Bio secured $70 to commercialise a treatment licensed from Novartis, while Salesforce, Intel, Orange, Nike and Alphabet all celebrated exits.

Stanford-backed expense management platform Jeeves has received series B funding, two months after emerging from stealth.

Q&A with Alokik Advani, managing partner, Fidelity International Strategic Ventures (FISV)

Hearst, MassMutual and Nationwide have returned to invest in insurance comparison platform operator Insurify‘s series B round.

The deal is set to create one of the largest payment processing companies in the world, handling $147bn annually.