Financial

The pay-per-mile auto insurance provider raised the series C and D funding from investors including Mitsui, China Pacific Insurance Group and Intact Financial.

The financial services firm is planning to set up a corporate venturing fund to back fintech products and services later this year.

The NCF peer-to-peer lending spinout has added $70m from backers including CCB International and San Shan Capital Partners to a $41m round closed last year.

The JD.com-backed credit card management platform raised the funding in a round co-led by Xinhu Zhongbao and Tiantu Capital at a $1bn valuation.

Point, developer of a home equity investment platform, has taken its total financing to more than $15m with a Bloomberg Beta-backed round.

CME and Seagate joined new investors Standard Chartered, SCB, Accenture, Santander and SBI Holdings for the enterprise blockchain company's latest round.

Westpac has put money into a $16.5m funding round for digital mortgage broker Uno, which comes four months after the company was launched.

Amdocs has purchased Bertelsmann-backed payment processing technology provider Vindicia as one of three deals in which it spent a total of $260m.

Beenos and eContext are set to exit Citrus Pay in a $130m acquisition by Naspers subsidiary PayU Corporate, defying earlier reports valuing the deal at up to $180m.

Financial conglomerate Power Financial Corporation has contributed to a $96m second close for the firm's latest's fund, which also counts D+H as a limited partner.