2016 financing incumbents strategy 
AsiaTechDaily
OCTOBER 15, 2022
Register Indonesian open finance platform Ayoconnect has raised an additional $13 million in its Series B funding round, bringing the total amount it raised to date to $43 million. Founded in 2016, Ayoconnect is Southeast Asia’s largest Open Finance API platform.
TechCrunch
JANUARY 11, 2022
But Novo sees incumbents as the real “challenger” here. Rangel added that its choice to build was partly done out of necessity, since in 2016 there weren’t many banking-as-a-service platforms to provide those APIs. “We are competing against big banks. Kulkarni is joining Novo’s board with this round.
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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
TechCrunch
JULY 25, 2022
What’s your web3 strategy? As the founder of an infrastructure project that has been around since 2016, I want to remind you that web3 isn’t just a drop-down menu of features to be bolted on to your project. Does the ability to make users collective owners in the platform’s success give you an advantage over web2 incumbents?
TechCrunch
OCTOBER 19, 2021
But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competitively. It also plans to invest in sales and go-to-market strategy.
TechCrunch
APRIL 23, 2023
They also worked a lot on helping fintechs build partnerships with incumbent financial institutions — experience they plan to use to offer portfolio companies bespoke “Strategy Sheets” alongside term sheets. According to the CB Insights’ latest State of Fintech report , this is the first time that has happened since the end of 2016.
TechCrunch
OCTOBER 13, 2022
A flurry of fintechs emerged in hope of meeting that demand while incumbent banks clamored to step up their own digital games. Founded by Eytan Bensoussan and Justin Adler in 2016, the startup was born to serve small business owners such as barbers, mechanics and local restaurant owners. million since inception.
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