TechCrunch

JULY 26, 2021

CEO Karkal has a long history in the fintech space, co-founding Simple, an app unifying various accounts into one accessible bank card, in 2009. It was acquired by BBVA in 2014 for $117 million and shuttered earlier this year. Karkal told TechCrunch that the idea for Sila was born out of frustration while starting another bank.

development 103

development real estate incumbents ventures 103

abovethecrowd.com

NOVEMBER 14, 2017

So backing up on how healthcare is financed, let’s say you got a plan with basically no deductible, so you’ve got first dollar coverage. Bill Gurley : Well, industries get more regulated and incumbents write the regulation. It’s just fascinating, especially from a Silicon Valley perspective. Why will that happen?

health 43

health VC hospitality disruption 43

WSJ - The Accelerators

JULY 2, 2015

For instance, in first quarter 2015, 55% of all American venture rounds were either seed or Series A, split almost evenly, while 19% of all rounds were Series B (the third round of financing), according to data from CB Insights. Only 4% of the 160 startups from the class of 2009 completed a 6 th funding round by April 2014.

ventures 28

ventures incumbents venture capital financing 28

abovethecrowd.com

DECEMBER 18, 2017

In 2015, 46 percent of workers were enrolled in a plan with an annual deductible of $1,000 or more, up from 38 percent in 2013 and 22 percent in 2009. Here are a list of the new forces pushing the U.S. As such, the ACA has been a key driver for the continued rise of high-deductible plans.

health 59

health hospitality networking mix-use 59

abovethecrowd.com

JUNE 17, 2014

First, they believe that the current offerings from the financial incumbents are lacking. In July of 2009, the UK instituted a new network known as Faster Payment Service with same day settlement to replace their equivalent of ACH. Many blame Dodd-Frank and the consolidation post 2009 for the loss of free checking.

disruption 83

disruption financing finance incumbents 83

Y Combinator

APRIL 26, 2021

Even with $125K from YC and $1–2M in venture funding, a startup’s credit limit is still likely to tap out at $20K from an incumbent creditor—which is not nearly enough to cover software, marketing, and other expenses. Stripe’s launch in 2009 made it possible for startups to easily collect payments online via developer-friendly APIs.

incumbents 126

incumbents financing finance enablement 126

TechCrunch

OCTOBER 27, 2021

But it feels like we have written far less about fintechs that exist solely to help the incumbents better compete with fintechs. The latest financing brings Extend’s total raised since its 2017 inception to $55 million. . We help the incumbents close the gap relative to those players.”. Extend is one such company.

incumbents 88

incumbents frameworks financing finance 88