Remove 2014 Remove disruption Remove financing Remove incumbents
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End-to-end operators are the next generation of consumer business

TechCrunch

The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. Back in 2014, Chris Dixon wrote a bit about this phenomenon in his post on “ Full stack startups.” The end-to-end approach makes the most sense when disrupting very large markets.

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Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

TechCrunch

Drew Durbin and Lincoln Quirk founded Sendwave in 2014 to offer little or no fee remittances from North America and Europe to select African and Asian countries. ” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents.

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Bud raises $80M more to expand its AI-based open banking platform, used to power lending tools and more

TechCrunch

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to help fuel new business and to help incumbents get up to speed with their disruptors.