Financial

ProSiebenSat1-backed banking and loan management app developer Numbrs has raised $40m at a valuation of more than $1bn and will now expand across Europe.

Tencent has led a $28.4m round for financial planning advice provider Xiaobangguihua that included existing investor Reinsurance Group of America.

Ping An Global Voyager Fund and American Express Ventures were among the investors in a round the mortgage financing platform closed at a $600m valuation.

Several corporate venturers have backed IoT company Terminus Technologies in a $283m series C1 round. This nine-figure round comes to confirm an upward trend in valuations of such enterprises we have been observing for years.

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

Sichuan Changhong Electric contributed to a $14.2m round that brought financial services-focused anti-fraud product developer Fudata's total funding to $39m.

The no-deposit tenancy platform has raised series A funding from investors including Adevinta that will support hiring and product development.

MDI Ventures and Rakuten Capital contributed to a $20m round for mobile payment technology producer QFPay, which has now raised at least $36.5m altogether.

The gold-based lending service has reeled in $30m in a round led by Bertelsmann India Investments that will support development of its platform.

Bertelsmann India Investments has returned to back online lending marketplace Lendingkart as part of a series D round that took its overall equity funding to at least $143m.