Financial

Sector focus: AI

Naspers, an investor in Creditas' $19m series B round earlier this year, returned for a $50m series C that will support product development.

Jacques has become global head of Visa Ventures, the corporate venturing unit of the eponymous US-listed payments firm.

The fashion e-commerce platform raised $165m in its latest funding round, which featured LVMH and Fidelity. This is one of the largest and latest rounds in the fashion space.

Adding Cell Design and Kite Pharma to its portfolio brings Gilead to the top table in probably the hottest area for advanced therapies and follows the playbook the company has used over the past few decades to expand.

QBE Insurance and Starr Companies have joined CIC to invest in Cytora as it prepares to launch a risk assessment engine for property and casualty insurance.

The fintech startup has received cash from First Data as well as financial services firms Live Oak, Woodforest National and Webster.

Comcast Ventures has contributed to a $9m round for payment claims services provider Earny that was led by Mayfield Fund.

QBE Insurance and Starr Companies have joined CIC to invest in Cytora as it prepares to launch a risk assessment engine for property and casualty insurance.