Financial

Business lending marketplace C2FO has collected $200m in a round led by SoftBank Vision Fund that reportedly included Allianz X.

Novel, PayPal and Qualcomm-backed Viva Republica almost doubled its valuation to $2.2bn and has now raised more than $260m altogether.

SIG, CM Group, Consensys Ventures and Akuna Capital all contributed to an $18.3m round for the cryptocurrency-based lending platform.

Experian led a sereis B1 round for the Alibaba and SBI Group-backed Southeast Asia-focused financial comparison platform to take its total funding to about $115m.

Commonwealth Bank of Australia is among the investors in a $460m round that valued Klarna at $5.5bn post-money, following a hitherto undisclosed $100m of funding in April.

Having helped build teams for Citadel for seven years, Jenny Lee has come to Softbank Investment Advisers to manage human resources following the launch of its second Vision Fund.

American Family's corporate venturing subsidiary has accumulated more than $162m from four investors for a fund expected to close at $200m.

Tengelmann Ventures was among the participants in a $27.5m round that increased the digital wealth manager's overall funding to more than $73m.

HashPort Accelerator will help international entrepreneurs to enter the Japanese market, assisting them with fundraising and localisation.

GCV Powerlist member Gen Tsuchikawa on Sony and Daiwa Capital Holdings’ new investment vehicle.

Rounds above $100m tend to be raised by companies based in the US and China. Last year we saw a record number of corporate-backed rounds.