Financial

SBI returned for a round that increased the valuation of the blockchain-focused money transfer platform to $10bn from a reported $355m three years ago.

Wefox Group, a Germany-based digital insurance provider, extended its series B round, closing $235m

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

The supply chain finance service has received $10.1m from Gojo & Company which will go to increasing its client base and improving its technology.

Naspers Fintech was among the investors that added $15m to the online lender's series B round, boosting its overall funding to $63m.

HSBC Strategic Innovation Investments provided $5m for the financial services application platform, joining several other strategic backers.

This taster from the World of Corporate Venturing survey shows which technologies corporate venturers have their eye on

The smart contract software developer has now raised $150m altogether, its past backers including IBM, Accenture and a host of investors from the financial services space.

Global Corporate Venturing has just closed its annual survey, which forms a definitive overview of the industry. The World of Corporate Venturing 2020 report will be published in January.

Monthly data report: November 2019

Event review: GCV Energy