2016 financing incumbents opportunity 
TechCrunch
OCTOBER 13, 2022
The open finance startup announced today it has closed a $13 million Series B extension round led by SIG Venture Capital, with participation from CE Innovation Capital and returning investor PayU, the payments and fintech business of Prosus. Ayoconnect says it is the only open finance player in Indonesia to be licensed by the central bank.
TechCrunch
NOVEMBER 30, 2022
In 2016, Andrew Hoag, formerly a senior manager at Verisign and a web project lead at NASA’s Ames Research Center, founded Teampay , a platform that attempts to automate the software purchasing process for companies. Today, Teampay has hundreds of customers and significant venture capital financing behind it.
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TechCrunch
SEPTEMBER 7, 2021
“We saw an opportunity to make a bigger impact by trying to build a better, much more affordable mobile money service than the telcos are building throughout much of sub-Saharan Africa,” Durbin told TechCrunch in an interview. ” Going up against incumbents. . ” Going up against incumbents.
TechCrunch
APRIL 27, 2022
This is a major round for the startup: Taxfix has raised around $330 million since being founded in 2016. — so Ott wasn’t keen to talk about how much money it calculated people owed to the state, but there is an opportunity there too to provide financing and longer-term managing of that financing as a different kind of product.
TechCrunch
JANUARY 11, 2022
But Novo sees incumbents as the real “challenger” here. A lot of startups are getting into patterns of raising large funding rounds in rapid succession to ride their respective waves of growth, and to capitalize on the huge opportunity right now to tap deep-pocketed investors looking for smart places to put their LPs’ money.
TechCrunch
SEPTEMBER 30, 2022
Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. As insurtech valuations have become more realistic, many companies are probing, looking for M&A opportunities,” Wechsler said. “I
TechCrunch
MARCH 29, 2022
Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. ” Founders : Tobi Ololade, the CEO, was the chief technological officer of TradeBuza, a data and API infrastructure for agriculture finance. Founded in: 2016. YC-backed Duplo raises $1.3M
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