Financial

Itochu, SBI Investment, Nippon Gas, UFI Futech and SMBC Venture Capital all invested as mobile payment technology developer Pring raised $11.4m.

Peer-to-peer lending platform PPDai was among the investors in a $14.4m round for the online insurance portal, whose earlier investors include Fosun Kinzon Capital.

The Naver-backed Korelya Capital led the blockchain technology provider's placement, which included Dentsu, Macquarie Capital, Foyer and MACSF.

Ant Financial was among the participants in a series C round for the rural microfinance and financial trading provider that was led by Rise Fund.

MassMutual Ventures Southeast Asia plans to invest in up to 15 early-stage enterprise software, digital health, fintech and insurtech companies in the next three years.

Power Corporation’s Portag3 Ventures has achieved a first close of $150m for its second fund thanks to a range of insurance and financial services investors.

Parent company Admiral supplied $10m of convertible debt financing for car insurance spinoff Compare.com in a round that took its overall funding to $185m.

GV and existing investor Arrive both contributed as the digital life insurance platform raised money at a valuation of more than $100m.

Travel and accommodation booking service Booking Holdings committed $200m to ride hailing app Grab alongside a partnership deal

The developer of blockchain gaming product CryptoKitties has raised $15m from investors including Samsung Next, GV, Animoca Brands, Endeavor and aXiomatic.

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