Remove 2017 Remove enablement Remove incumbents Remove opportunity
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FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

TechCrunch

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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Algeria’s Yassir picks up $30M to build a super app in North Africa

TechCrunch

Most people in French-speaking Africa are unbanked due to a lack of trust in incumbents and inefficient banking solutions. Tayebi felt that providing on-demand services — which solves essential needs and, more importantly, builds trust to then provide payment services — was the catalyst to enable financial inclusion in the region.

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Trade promotion management startup Cresicor raises $5.6M to keep tabs on customer spend

TechCrunch

Whatley started the company in 2017 with his brother, Daniel, Stuart Kennedy and Nikki McNeil while a Harvard undergrad. The CPG industry is in the middle of a rapid change where we see all of these emerging, digital native and mission-driven brands rapidly eating share from incumbents,” he added.

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Convoy: The Future of Truck Freight

Y Combinator

There is a clear opportunity to upend the status quo, but its intricacies have made freight one of the toughest sectors in which to build an online marketplace. In the last few years, incumbents have started to adopt technology to fix inefficiencies, but they’ve focused on tools to streamline individual tasks (e.g.,

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Trends in Early Stage SaaS Fundraising Market of 2016

Tomasz Tunguz

The exuberant acquisition environment should enable some early-stage companies to menace their incumbents and take share, as those behemoths are distracted by M&A. Many of the most of apparent and immediate opportunities in the software market have been filled by now SaaS incumbents.

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Call center automation software vendor Replicant raises $78M

TechCrunch

” Shamia cofounded Replicant in 2017 alongside Andrew Abraham, Benjamin Gleitzman, and Jack Abraham. Replicant provides agents with call summaries and measures trends like overall customer satisfaction, average handle time, competitor mentions, defective products and upsell opportunities. “Automation is now part of the.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

” Founders : Henry Mascot started a company in 2017 to help hospitals digitize records. YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance. The only worry is incumbents might want to eat into Duplo’s meal — but then again, the market is massive. Website : [link].

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