Financial

The business service provider has added $40m to the round's Stripe-backed first close, doubling its valuation to $1.2bn in the process.

The workers compensation provider completed a series C round co-led by Allianz X and backed by existing investor SiriusPoint.

Jacques, who joined the unit in 2017, has been hired as a partner at investment firm Cota Capital's Fintech Fund.

Global Data Consortium, Guidefi, OfColor, Walnut and Zeta are the first startups to be chosen for FinRise, which targets underrepresented founders in tech.

The SoftBank-backed automotive e-commerce platform developer ACV Auctions has gone public in an IPO. The company is part of the vehicle marketplace space which has seen much attention from corporate venture investors.

UniCredit, Swedbank, Groupe BPCE and Íslandsbanki contributed to an $11.8m round that took the banking software provider's total funding past $55m.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Coinbase, Banca del Ceresio, ECMC and SIG were among the participants in a series A round that took the digital asset banking startup's total funding to $44m.

The supply chain financing platform has filed to raise up to $1.06bn in a Hong Kong Stock Exchange offering which will enable Bertelsmann, GLP, Skyworth and Tencent to exit.

The Paypal and Citi-backed payment platform developer has secured an additional $90m following a $180m close in January.

Migdal Insurance, Harel Group, Menora Mivtachim Insurance and Hachshara Insurance helped the financial technology-focused investor reach a $120m first close of its latest fund.