Financial

The consumer and business finance provider was reportedly valued at more than $1bn in an equity investment by video game publisher Nexon.

The potential investment would potentially be added to the $1bn series G round disclosed by the mobile financial services provider in November.

The digital life insurer has revealed it closed a series B round in February that included Sammons Financial to increase its total funding to more than $67m.

GV led a series B round for Digits that was disclosed as it publicly launched its business expenditure analysis software, four months after its series A.

Digital payment provider Stripe raised an extension to its series G round backed by Alphabet. The round is the latest in the payment tech space, which we have seen grow in the past decade.

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

The payment automation software producer received another $128m for a Mastercard-backed round that lifted its overall funding past $1.1bn.

SoftBank, Bank Mandiri and the corporate-backed EV Growth have exited digital payment technology provider Moka, which had raised $28m.

Wujiang Hotels, Baicheng and Meili Jinrong are among the first wave of China-based companies to close due to Covid-19 restrictions.

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

CNP Assurances-backed digital health insurer Alan has picked up $54.4m in a Temasek-led round to bring its total funding to more than $141m.