SoftBank has reportedly led a round that valued the peer-to-peer e-commerce platform, which also counts Alibaba and CyberAgent as investors, at about $7bn.

Ping An has led a $47.3m investment in Finleap through its Global Voyager Fund, joining a list of shareholders that already included Hannover Re and Signal Iduna.

The geolocation software provider received $42.5m in a round that included GM Ventures and Salesforce Ventures, taking its total funding to about $83m.

Inflammatory disease drug developer Inflazome, based on research at University of Queensland and Trinity College Dublin, has added $45.6m in series B capital to its coffers.

Visa has provided a reported $200m in equity funding for bill payment platform BillDesk and bought up to $100m worth of shares in a secondary transaction.

Leap Motor has received $288m in a round co-led by Shanghai Electric and CRRC as it prepares to launch its smart electric sports car early next year.

PayPal and Rakuten-backed savings platform Acorns Grow is looking to raise more than $100m in a corporate-led round that will value it at $700m.

The community-focused e-commerce platform has raised series A funds from investors including Ping An Ventures and SIG Asia.

Vascugen has collected an undisclosed sum from investors including Indiana University Philanthropic Venture Fund to commercialise medicines for vascular-degenerative diseases based on IU technology.

Novartis and Access Industries unit Clal Biotechnology Industries both took part in the neurological disorder drug developer's series B round.