Financial

Visa has formed a strategic partnership with Stripe in addition to backing a series D round, raised at a $5bn valuation, that included American Express.

The accountancy software provider has closed $17.5m in funding and announced a corporate venturing unit dubbed Expensify Ventures.

The mobile payment company has filed confidentially for an initial public offering that would grant exits to Visa, Citi and Starbucks.

Small business loans platform Kabbage, which also counts SoftBank as a backer, is targeting $150m in the UPS-backed series E round.

Metaps, which has grown from an app monetisation platform into a more diversified technology business, is set to go public, giving exits to Intec and MotionBeat.

Bima's existing investors, including Millicom and Digicel, backed the insurance platform's $38.4m series C round, taking its overall funding to more than $67m.

Ride sharing service Ola has participated in the mobile payments processing service's series C round, which was led by hedge fund Falcon Edge.

The fantasy sports platform has secured a range of media backers and is looking to expand its mobile offering in order to win what has become a two-horse race with rival DraftKings.

Marlette, the operator of personal loan service Best Egg, has raised $75m from backers including student loans company Navient and is targeting $450m more in debt.