Financial

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Alibaba's financial services spinoff plans to float concurrently in Shanghai and Hong Kong, with China Life and China Post among the investors in line for exits.

Tencent, Info Edge and SoftBank-banked Policybazaar is aiming for $250m in a round set to precede a 2021 initial public offering expected to value it at $3.5bn.

Two fintech companies floated in early July 2020, giving an exit to corporate backers in what has been a good year for the sector.

Bank Central Asia's accelerator has chosen 11 startups for the third cohort of its accelerator partnership with GK – Plug and Play.

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

The financial integration software developer will use the proceeds from the Mastercard-backed series A round to launch its core product.

Corporate venturing unit Exor Seeds chipped into a $10.2m round for Privacy.com, creator of a virtual payment card issuing platform.

The Barclays-backed financial technology developer has added $20.6m to its coffers, the round featuring new and returning investors.

The banking software provider's shares have nearly tripled following an offering in which it floated well above its range.

Mercado Libre's MeLi Fund has chipped into a $22.5m for online brokerage platform operator Warren that was led by QED Investors.