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

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.

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

Yandex has agreed to a $1bn deal to wholly acquire the self-driving technology spinoff, jointly formed with Uber, and three other businesses.

The investment firm has taken a majority stake in the sales communication platform developer, which had raised over $100m from investors including HubSpot.

WordPress and Tumblr-owner Automattic has acquired Frontity, a portfolio company and creator of a WordPress site development tool.

Customer engagement management technology provider Plaid has become the major shareholder of a portfolio company that runs a similar service.

The last-mile delivery service provider has bought the e-commerce software developer in a $42m deal enabling Dunnhumby and Woodman's Market to exit.

Ferrovial and Mitsui Fudosan helped mobility platform developer Maas Global hike its latest round to nearly $46m while automotive technology developer Visic Technologies raised $35m.