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Financial
ANZ spins off its innovation unit
ANZi has been renamed 1835i Group and will operate as an independent company with sole funding from banking parent ANZ.
Jul 28, 2021MUFG starts $185m second fund
Mitsubishi UFJ Financial Group's MUFG Innovation Partners unit has followed its 2019 debut fund by putting the same amount into a second vehicle.
Jul 28, 2021SoftBank finds Ethos with $100m investment
SoftBank’s Vision Fund 2 has invested at a $2.7bn valuation, taking the Stanford-backed life insurance platform developer’s overall funding to over $400m.
Jul 28, 2021Daily Deal Round Up: July 27, 2021
SAP.io took part in email software provider Sedna's $34m series B round while Byju's picked up BCC-backed learning app developer Toppr in a deal reportedly sized at about $150m.
Jul 27, 2021Solarisbank captures $224m at $1.6bn valuation
BBVA helped the banking software provider raise series D funding that supported its acquisition of digital banking services provider Contis.
Jul 27, 2021Nium nets $200m in series D round
Visa invested in the digital payment platform developer at a valuation above $1bn, taking its overall funding to almost $300m.
Jul 27, 2021Zilch fills series B up to $190m
Daily Mail and General Trust’s DMG Ventures unit was among the investors in the BNPL service provider’s $110m series B extension, which came after an $80m first close three months ago.
Jul 27, 2021Vestwell executes $70m series C
Manulife, Nationwide, Allianz and Northwestern Mutual all took part in the enterprise savings software provider's latest round, which was co-led by Wells Fargo Strategic Capital.
Jul 27, 2021Huang and Zeb to hang at GV
The Alphabet unit hired two partners for its enterprise and fintech team, three months after bringing Dan Lynch and EIR Mojca Skoberne on board.
Jul 27, 2021Bechhold Russ joins Truist Ventures
As head of strategic initiatives, Bechhold Russ will report to Vanessa Indriolo Vreeland, head of Truist's corporate venturing arm.
Jul 27, 2021Ngam-maykin leaves SCB for Sea
After five years in corporate venturing at Siam Commercial Bank, Sea has hired 2020 GCV Rising Stars winner Jaytiya Ngam-maykin as head of corporate development.
Jul 27, 2021Daily Deal Round Up: July 26, 2021
SoftBank’s Opportunity Fund took part in blockchain payment network Paystand's $50m series C round while Flipkart co-led consumer brand builder G.O.A.T Brand Labs' $36m series A.
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