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Financial

Mandiri Capital to mobilise startups with $15m

The corporate venturing arm of state-owned lender PT Bank Mandiri aims to invest the money in between four and eight fintech startups in 2017.


Nov 23, 2016

Tencent joins in $217m HeTai Life Insurance venture

Tencent and seven other investors are providing the money as online insurance platform HeTai prepares to launch in 2017.

Nov 23, 2016

JBH cashes $200m in series A funding

JBH Jubao Interconnection Technology, the financial services arm of conglomerate HNA, has received $200m in funding in a round led by RRJ Capital.

Nov 22, 2016

Big Deal: FanDuel and DraftKings to join the same team

The daily fantasy sports companies, backed by several media groups, professional sports leagues and teams, are set to merge.

Nov 21, 2016

News round up 21 November 2016

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Nov 21, 2016

eOriginal manages $26.5m investment

Private equity firm LLR Partners led a $26.5m round for the paperless transaction management company, which received funding from Intel and GE in 1999.

Nov 17, 2016

Quantopian calculates $25m in series C proceeds

Getco-backed investment algorithm platform developer Quantopian will invest the cash in improving its product and education material, and acquiring additional datasets.

Nov 16, 2016

Convoy helps spice up Nutmeg with $37m

Convoy has led a $37.2m round for digital wealth manager Nutmeg, doubling its total funding to about $74m in the process.

Nov 16, 2016

Sberbank targets $250m for second VC fund

The Russia-based bank invested in companies including Uber and eToro from the $100m first fund and is seeking between $200m and $250m for the second.

Nov 15, 2016

Corporate innovation debated at lively Lisbon Web Summit

Fintech was on the agenda at the Web Summit conference in Portgual, which was attended by 53,000 people last week.

Nov 15, 2016
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