Financial

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

Xiaomi and SBI Investment co-led the insurance aggregator's series B round, which also featured series A investors including Gojek.

PayPal Ventures and the BBVA-backed Propel Venture Partners are contributing to a two-tranche round that will lift the online bank's total funding to $414m.

The Visa-backed payment software provider added $30m from investors including American Express to take its total funding to $96m.

As the month of August draws to a close, last week we reported several initial public offerings (IPOs) which are lined up for the coming weeks along with some notable ones that have already taken place.

Gradient Ventures led the Mexico-based neobank's series A round, which increased its overall funding to $18m.

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

The Novel, PayPal and Qualcomm-backed finance management app developer has boosted its valuation to $2.6bn and its overall funding to $530m.

Customer identity analytics provider Socure collected Citi Ventures and Wells Fargo Strategic Capital in a round that boosted its total funding to $96m.

Pagantis has agreed to be purchased by Afterpay in a deal sized at about $59m having raised more than $92m from backers including the Credit Suisse’s SPF Investment Management spinoff.

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