Financial

Intact Ventures led an $11.5m round for the business insurance software provider that was also backed by Lackawanna Insurance Group.

The share trading platform operator reportedly secured a combination of equity and debt funding to face obligations arising from the recent stock market frenzy.

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

The Ping An and SIG-backed cross-border payment services provider will list on the Nasdaq Capital Market through the merger with FTAC Olympus Acquisition Corp.

SoftBank has joined existing investors Liberty Mutual and American Family to back the property insurance platform provider's latest round.

Ben Luckett has ascended to chief innovation officer of Aviva while Ant Barker will oversee Aviva Ventures' activities.

Reinsurance provider HSCM Bermuda Management co-led a round that doubled the automotive insurance marketplace's total funding.

Jeffries Financial Group was among the participants as the mortgage servicer raised series A funding that will support recruitment.

Digital Garage and Bank of Yokohama’s $28.8m investment vehicle will back companies focusing on financial technology and regional revitalisation.

Clal Insurance, Ayalon Insurance, MS&AD, FWD, Reale Mutua and LB Group were among the limited partners for the venture capital firm's sophomore fund.

A consortium including Intel and several financial services firms have added $31m to the blockchain technology developer’s latest round, increasing its total funding to $90m.