Financial

Cofco and China International Capital are in talks to lead a round that would value JD.com's financial services spinout at up to $30bn.

Salesforce is expecting to exit the file storage and sharing platform Dropbox, which filed for an IPO after having raised more than $1.7bn in debt and equity financing.

Augmented reality technology developer Magic Leap closed a series D round at over $960m, featuring a host of corporate investors like Google, Alibaba, Axel Springer and Grupo Globo.

Just ahead of our first ever Global Corporate Venturing Israel event in Tel Aviv this week, we are offering our readers a brief data overview on the innovation scene in Israel which has managed to attract corporate venturers from around the globe.

The round included Visa, BBVA, SBI Group, ABN Amro's Digital Impact Fund and Bertelsmann's Arvato Financial Solutions subsidiary.

Ofer subsidiary OG Tech Ventures has bought the Santander-backed hospitality payment technology provider for an undisclosed amount.

The tenth Open Talent contest will award three prizes of $62,000 each to financial technology businesses from across the world.

BBVA invested $119m to increase its stake in the mobile bank to 39%, with the round's proceeds to support technology development and growth.

The cryptocurrency news platform and blockchain protocol developer has received $15.8m from investors including Bitmain and QF Capital.