Financial

The Aegon-backed loan and insurance comparison platform will shut down after raising $97m in the past two years.

Creditas will pay an undisclosed amount for the digital mortgage lender, a spinoff from Banco Bari, as it seeks to boost its real estate financing division.

The expense management technology provider has secured funding from investors including Hanaco and PayPal Ventures at a $1.6bn valuation.

EV Growth took part in a $30m round for the robo-adviser developer, which had been acquired by Stockbit in early 2019.

This is a draft of a speech I'll be making at the www.GCVDigitalForum.com on 27 January - feedback much appreciated in comments or email jmawson@mawsonia.com 

Battery producer Sila Nanotechnologies, previously backed by a number of corporates, raised its latest multimillion dollar round, tripling its valuation.

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

Block.One, Digital Garage and Coinbase Ventures have all backed a $13.9m round for crypto exchange CoinDCX to take its total funding to more than $19m.

Yardi's acquisition of mortgage brokerage software developer CommissionTrac has enabled seed investor Cox Enterprises to exit.

EnPay, Foodcode, Mosh, OsidOri, Rym&Co and Seibii will all take part in the joint venture run by YJ Capital, PayPay and East Ventures.

Micromobility, AI-equipped drug discovery, home fitness and cloud kitchens are among the sectors that look promising in 2021.