Financial

Global Atlantic was among the investors in a round that likely doubled the overall funding raised by the financial app development platform.

Visa co-led a round that included GV, BNP Paribas, SBI Group and Siam Commercial Bank, bringing CurrencyCloud's total funding to $141m.

The real estate transaction and data platform has now received $55m altogether, Mitsubishi Estate having co-led its series B round.

The bank has received regulatory approval for a venture capital fund that can be sized at more than $29m but which will reportedly begin with $15m.

The coprorate has reportedly proposed investing in the one-click payment platform at a valuation of up to $180m.

Iwasaki Gakuen and several banks have contributed to the second close of Sony and Daiwa's joint fund, which had raised $145m of a targeted $185m as of last month.

Ahead of our record-breaking GCV Innovation Summit in California this week, we are offering an excerpt from our latest World of Corporate Venturing 2020, analysing data from 2019 and the past decade, where we have combined data from GCV Analytics and data provider PitchBook.

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

Nihon Unisys, Mitsui Sumitomo Card Company, Union Pay International, JCB, SoftBank, KDDI and Credit Saison are all set to exit the mobile payment technology developer.

Fintech-focused venture firm Canapi Ventures has secured more than 35 banks and strategic investors as LPs for its first funds.

Visa and FIS joined an investor base that already includes Mastercard, as the Africa-focused payment technology provider closed its series B.