Financial

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

The banking platform developer has raised $21.6m in a first close of its series A round that was co-led by ABN Amro and also backed by Berliner Volksbank.

The enterprise blockchain software developer raised more than $6m from investors including FIS to take its overall equity and grant funding to more than $16m.

Consumer lender LexinFintech led a series A round for student lending service Boro and will help it expand into the Chinese market.

Point-of-sale system developer Bypass Mobile has been acquired for an undisclosed amount having raised at least $3.5m from backers including eBay and AEG.

Real estate fund manager Revcap provided $3.1m for accelerator and early-stage investor Pi Labs' latest fund, sized at $23m as of earlier this month.

Binance and its Indian subsidiary WazirX intend to provide $50m in funding for blockchain technology developers following regulatory changes in the South Asian country.

Prepared by researchers from the Washington University, St Louis on behalf of The Yield Lab, sponsored by Rabo Strategic Ventures

Microsoft, PayU, Boston Consulting Group, CMT Digital and founding investor Intercontinental Exchange all backed the digital wallet provider's series B round.

Monthly analysis: February 2020

The United Nations-backed Intergovernmental Panel on Climate Change (IPCC) has previously estimated the world will need to remove an average of 10 gigatons –10 billion tons – of carbon dioxide (CO2) a year from the atmosphere by 2050.