Financial

The Stanford-backed consumer credit management platform has now raised $110m altogether, and the latest round will fund hiring and technology development.

The unit has hired EquityZen co-founder Shriram Bhashyam as its latest entrepreneur in residence in order to coach employees developing financial technology.

The Capital One and Symantec-backed consumer credit management platform has now raised $110m altogether, and the latest round will fund hiring and technology development.

Alibaba has reportedly put a temporary halt to deals in India to focus while it waits to achieve its first exit in the country.

Solar system provider Bboxx completed a round led by Mitsubishi. This year we have seen a revival of corporate-backed deals in the solar energy tech space, which registered a slowdown last year.

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

The Mexican small-business lender has received $42m in a round co-led by Goldman Sachs, the investment bank that supplied it with a $100m credit facility in March.

UChicago Startup Investment Program is among a group of backers that provided $47m to support the launch of a Florida-focused home insurance carrier, the first of Kin's subsidiaries to underwrite its own policies.

SoftBank and Telstra are both set to exit digital banking technology developer Kony in an acquisition by Temenos that comes after about $113m of funding.

Axel Johnson’s corporate venture capital arm has contributed to a $10.4m series A round for the Sweden-based digital insurer that was led by Obvious Ventures.

The corporate investor returned to lead a round that reportedly valued life insurance portal Ethos at $400m to $500m.