Financial

Bank Mandiri's corporate venturing unit is seeking $50m to $100m for a second fund and is targeting LPs outside the company.

Six Fintech Ventures led a series A round consisting of debt and equity that included fellow corporate venturing units Berliner Volksbank Ventures and Credit Suisse Entrepreneur Capital.

Intel Capital managing director Igor Taber has left the chipmaker’s corporate venture capital unit to join portfolio company DataRobot as senior vice-president of corporate development and strategy.

Bink, the creator of a platform that links loyalty schemes to customers' bank accounts, has secured funding in an oversubscribed round led by Barclays.

We examine some co-investment patterns among corporate venturers we have been tracking since 2011.

The digital bank is now valued at $2.8bn, following a $440m round led by a $390m investment by SoftBank Vision Fund and backed by Clermont Group.

Banking software provider Tink has secured $63.4m from investors including financial services firms SEB, Nordea and ABN Amro at a valuation of about $270m.

Netmarble’s head of corporate strategy and senior vice-president, Chanseok Choi, has been promoted to managing director and head of investment.

Rita Waite, a Juniper Ventures investment manager who was part of this year's GCV Rising Stars list, will join financial services firm Millennium's payment products team.

UC Berkeley will offer participants up to $200,000 from its X-Fund as it looks to build a blockchain ecosystem connecting resources from university departments, Silicon Valley and further afield.

PayPal followed an investment in 2017 by participating in a series D round for the cross-border savings platform that will fund geographic expansion.