Financial

Founded out of Massachusetts Institute of Technology, SendFriend has built a blockchain-powered online payment transfer platform that uses technology provided by fintech developer Ripple.

The Nykredit-backed personal banking app has raised $14.7m in a Seed Capital-led round that included Greyhound Capital and Socii .

Goldman Sachs has led the business financial management platform's $44.8m series C round, which included existing investors Experian and CreditEase's corporate venturing units.

GE’s chief innovation officer and GE Ventures’ CEO, Sue Siegel, has been appointed by Illumina to sit on its board of directors.

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.