Financial

Human resources provider DIP’s Gakucelerator has chosen four student-run startups for its latest batch and will provide up to $940,000 between them.

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

A consortium of 15 startups were chosen to take part in the first edition of the internet technology group’s regional accelerator scheme, which will run until November this year.

PayPal and Yahoo Japan contributed to a round of undisclosed size for the e-commerce services provider headed by a $66m investment from Bain Capital.

BNY Mellon, Citi Ventures , Visa and Poste Italiane subsidiary PostePay all contributed to the first funding round to be disclosed by the payment software provider.

East Money Information is among the investors that chipped into a $14.3m round for the trading software provider that was led by Sequoia Capital China.

Alibaba's financial services spinoff, which counts China Life and China Post as investors, has reportedly set a target for a dual offering that would be the largest in history.

Unnamed endowments have joined a digital asset-focused fund closed by Electric Capital to bet big on distributed financing models.

Samsung, Mastercard and Sberbank have exited the mobile payment app developer in a purchase reportedly sized around the $100m mark.

Over the past four quarters, almost one of every four corporate investors seems to be new, even in lockdown.

The fund will invest in companies developing products and services within the cryptocurrency exchange’s ecosystem.