Financial

Hard Yaka has supplied $30m in funding for Yoyo Wallet, a portfolio company of Telefónica and Metro Group, as part of a strategic partnership.

Hard Yaka has supplied $30m in funding to IP Group’s portfolio company Yoyo Wallet as part of a strategic partnership.

Goldman Sachs and Citi have returned to back a $20m series B round for Crux Informatics that almost doubled its overall funding to $41m.

Azur has won the support of co-founders AIG and Ascot as well as fellow insurer Hyperion to develop products targeting the high-net-worth insurance segment.

Payment technology provider StoneCo will raise about $1.1bn if it floats at the top of its range, while Ant Financial is investing $100m through a private placement.

Goldman Sachs and Galaxy Digital Ventures have joined a $15m series B extension for BitFury-backed BitGo that took the round’s total to $57.5m.

GV-backed fintech provider Plaid is reportedly in talks with investors including Kleiner Perkins Caufield & Byers over a round that could value it at $3bn.

The banking firm will tap fintech entrepreneurship specialist Anthemis Group’s expertise to foster startups aligned with its innovation goals.

ProducePay, which provides financing and produce-selling tools for agricultural businesses, has won over investors including financial services firm Rabobank.

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

University of Washington’s CoMotion has formed a fintech incubator with nonprofit credit union Becu called the Becu Fintech Incubator.