Financial

CV Starr and Zurich Insurance are set to exit business insurance provider CoverWallet in an acquisition by professional services firm Aon.

MUFG Innovation Partners and existing investors Nationwide, M12 and Citi Ventures contributed to a series F round that increased the small business lender's total funding to $288m.

NFP's corporate venturing unit contributed to $15.2m round for insurance underwriting analytics platform developer DataCubes that will fund recruitment and research and development.

Banco Vorantim has co-led a $95.3m round for digital banking service Neon roughly 18 months after becoming its financial services partner.

Diversity, Equity and Inclusion (DEI) report October 2019

The Opera spinoff received the cash in a round featuring Meituan Dianping, SoftBank Ventures Asia and Bertelsmann Asia Investments.

The Fleetcor, Mastercard and American Express-backed business finance software provider has raised more than $275m in venture funding.

A focus shift has been taking place among oil and gas corporate venturers, which is borne out in our most recent research.

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

SoftBank Vision Fund has agreed to participate in a $1bn funding round for Paytm, but has stipulated the payment processing platform seek an IPO within five years.

Ping An is in line for an exit as its fintech spinout OneConnect files for an initial public offering potentially worth as much as $500m.