Financial

Ayala has anchored the fund, while Globe Telecom also invested and helped push the fund past its original $150m target to make it the Philippines’ largest vehicle to date.

Barclays, Citi, HSBC and National Australia Bank have provided a $20m extension, joining a round already backed by CreditEase and American Express Ventures.

The Mastercard and NatWest-backed banking software provider pushed its total funding past $90m with an investment by National Australia Bank.

The financial processing infrastructure company secured additional series D funding to follow up $160m initially raised from backers including ANZi Ventures and Salesforce.

Fidelity has contributed to a $140m funding round for Alkami, which has built a cloud-based digital banking platform and has now raised $365m overall.

Late September was a buoyant time for the fintech sector.

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

Eight Roads Ventures returned for the First Data-backed payment software developer’s series D round, announced alongside two strategic acquisitions.

Children’s debit card provider Greenlight is valued at $1.2bn after raising $215m in funding from a host of investors, though none of its corporate backers participated this time.

A month after receiving an initial $200m tranche from D1 Capital Partners, Alphabet and Roc Nation-backed Robinhood has increased its series G round $660m.

CapitalG has led a $250m series D round for Next Insurance, while Munich Re also returned for the deal that increased the workplace insurance provider’s total funding to $631m.