Financial

Fintech developer Nivaura has closed its seed round at $20m after closing a third tranche, with the capital coming from investors including London Stock Exchange, Transamerica, Santander, Linklaters and Orrick.

Singapore’s sovereign wealth fund GIC has been revealed as a backer in corporate-backed Coinbase’s $300m series E round last October.

Visa has contributed to an $85m funding round in BillDesk, despite reports last year that suggested the corporate could provide as much as $300m.

Tencent-backed Futu has set its range at $10 to $12 and stands to raise a maximum of $150m, half of the $300m it had initially targeted.

FMO has led peer-to-peer lending platform Validus's $15.2m series B round, which included the corporate venturing arm of Siam Cement Group.

Tiger Brokers, an online brokerage service backed by Xiaomi, has filed for a $150m initial public offering on Nasdaq.

Innovative region: Germany

The fourth annual Global Corporate Venturing & Innovation (GCVI) Summit in Monterey, California on Wednesday and Thursday, January 30-31 by reporters Kaloyan Andonov, Edison Fu and Thierry Heles

Sector focus: Services

This is our data snapshot based on last month’s investment activity. The charts and tables have been generated by our data platform GCV Analytics.

American Express and Goldman Sachs are among the investors in Better Mortgage’s series C round, which has been increased to $75m after a $5m extension supplied by Citigroup.