Financial

A vehicle for conglomerate Yoma Holdings is reportedly investing $76.5m in a deal that will give it a majority stake in Wave, which is also backed by Ant Financial.

Sembrani Nusantara has a target ceiling of about $21m and will invest in a wider amount of sectors than its fintech-focused parent firm.

Experian is exiting the financial data technology provider Finicity in a deal that could reach $985m taking earn-outs into account.

Receipt Bank has purchased Xavier Analytics, a portfolio company of SETsquared Bristol.

The Salesforce-backed banking platform developer has filed for a $100m initial public offering having raised $80m late last year.

Axa Venture Partners was among the limited partners that have helped the deep tech-focused venture firm raise $59.4m for its second fund.

The digital fintech provider pulled in $80m through a series C round co-led by SCB 10X and backed by Aioi Nissay Dowa, Toyota Financial Services and Sumitomo Mitsui Banking Corporation.

The online consumer credit provider completed a series D round led by Santander InnoVentures that was closed at a $1bn valuation.

One vaccine developer, CureVac, has received a generous backing from Germany’s government-owned development bank KfW, while another – Vaxcyte – went public raising $250m.

The capital markets data provider has completed a series A round led by Credit Suisse Asset Management’s Next Investors unit.

The accounting software provider boosted its overall funding to more than $47m as Google subsidiary Gradient Ventures returned to reinvest.