Financial

Munich Re Ventures co-led the first round to be disclosed by the fleet insurance provider, with Qualcomm Ventures also participating.

Tencent is buying $160m of shares in the real estate platform's initial public offering, which also provides an exit for SoftBank Vision Fund.

MassMutual, Axa, Wanxiang, Principal Life, Aflac, Wells Fargo and Transamerica are all set to exit the insurance automation platform developer.

Canapi Ventures led a $75m series F round for Salesforce Ventures-backed Blend, valuing the digital lending platform at almost $1.7bn.

SBI co-led a $45.5m round for the mortgage services provider that hiked its overall funding to more than $78m as it looks to broaden its product range.

Seven Bank has invested $10.6m in the Adways and Freakout Holdings-backed prepaid debit card provider to push its overall funding to almost $42m.

Cofco and several banks will get the chance to exit Ping An's online lending spinoff, which is targeting $3bn in a US initial public offering.

SGX, Deutsche Börse and Creditease-backed electronic trading platform Trumid has achieved unicorn status following a $200m funding round led by Dragoneer.

CMA CGM was among the investors in a series A round for the trade finance marketplace and will offer the service to its customers.

SoftBank, UPS, Santander, ING, Scotiabank and Recruit could exit the business finance platform in a deal reportedly sized at up to $850m.

Citi Ventures has returned to help invest $50m in the online payment platform, two years after participating in a deal the same size that was led by PayPal.