Financial

Special report: Chinese unicorns

Perspectives on sustainability and wellbeing are changing in response to health and environmental challenges, offering an opportunity to university-linked businesses.

HDI Global led internet-of-things and insurance incubator Next Big Thing's $13.5m series A round, participating together with Finlab EOS.

SoftBank has tapped three executives to help run its $5bn Latin America-focused fund, with Paulo Passoni and Shu Nyatta to work alongside managing partner André Maciel.

The deal will double the Orange and Stripe-backed digital bank’s valuation to $2.6bn, making it the second most valuable fintech developer in the UK.

The Alphabet and Rakuten-backed lending platform increased its total funding to more than $160m in a round featuring Progressive Investment Company.

Scott Levine, a GCV Rising Star in 2018, has departed WarnerMedia Investments in order to set up an office in New York City for Samsung Catalyst Fund.

The emerging markets finance provider secured $170m in a round that was co-led by Visa, which is also collaborating with it on a virtual credit card scheme.

Mitsubishi UFJ Financial Group's MUFG Innovation Partners unit will target Japanese and Southeast Asian fintech startups, and its first portfolio company is Moneytree.

Goldman Sachs led the pension platform developer's latest round, which included Allianz Life Ventures, Nationwide and BNY Mellon.

Oncology therapeutics developer Fusion Pharmaceticals closed a $105 round, featuring several corporate investors. The deal forms part of the growing broad oncology space, which has seen much attention from corporate venturers in recent years.