Y Combinator

DECEMBER 8, 2021

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. This did not happen by magic. expectations.

peer-to-peer 102

peer-to-peer incumbents financing finance 102

TechCrunch

SEPTEMBER 7, 2021

” In 2018, the product was piloted as Wave in Senegal but it was still within the Sendwave ecosystem. ” Going up against incumbents. . ” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents. L-R: Drew Durbin and Lincoln Quirk.

investing 124

investing investment incumbents networking 124

TechCrunch

MARCH 2, 2021

Crisp , an Amsterdam-based, online-only supermarket focused on fresh produce, has raised €30 million in a Series B financing led by leading Target Global and joined by Keen Venture Partners and the co-founders of Adyen and Takeaway.com. Crisp has now raised a total of €42.5 million to date.

incumbents 100

incumbents board accelerator financing 100

TechCrunch

SEPTEMBER 16, 2021

Tile , the maker of Bluetooth-powered lost item finder beacons and, more recently, a staunch Apple critic , announced today it has raised $40 million in non-dilutive debt financing from Capital IP. In addition to new debt financing, Tile is also refinancing some of its existing debt with this fundraise, it says.

mix-use 99

mix-use incumbents networking financing 99

TechCrunch

AUGUST 7, 2022

billion, “the largest percentage drop since Q3 2018.” ” Also in the report: “Exits have also stalled as IPO activity grinds to a halt, and analysts expect fintech startups will attract the attention of incumbents looking for M&A opportunities.” from the previous quarter” to $24.1 Seen on TechCrunch.

real estate 106

real estate VC mix-use opportunity 106

Y Combinator

DECEMBER 8, 2021

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. This did not happen by magic.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

abovethecrowd.com

DECEMBER 18, 2017

By 2018, they will operate 75 offices in 8 markets with over 400 primary care clinicians. OneMedical — One Medical is a member-based and technology-enabled primary care network that challenges the notion that delivering high-quality, accessible health care is either unachievable or prohibitively expensive.

health 59

health hospitality networking mix-use 59

TechCrunch

APRIL 3, 2022

billion in an all-stock deal that was a reflection of its continued push into consumer finance. It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g. TechCrunch last reported on Fast in January of 2021, when the startup raised a $102 million Series B financing led by Stripe.

startup 110

startup financing finance incumbents 110

Both Sides of the Table

APRIL 18, 2019

An Insider’s Perspective “Bird Zero” that are custom designed by the company There is a story arc of the electric scooter market that took the world by storm in 2018, was second-guessed late in the year and has quietly re-emerged as a powerful force of growth where few really appreciate the speed and scale of what has happened.

transportation 250

transportation incumbents disruption finance 250

Y Combinator

AUGUST 30, 2021

In the long run, software platforms have the potential to be much larger than traditional incumbents. Upon digging deeper, the founders realized that incumbent providers were overly complex, and more manual than necessary. Incumbents relied primarily on sales teams, which Gusto suspected actually limited their reach among SMBs.

incumbents 94

incumbents peer-to-peer health opportunity 94

TechCrunch

MARCH 2, 2021

The latest to show its hand is Berlin-based Flink , which today is announcing that it has raised a hefty $52 million in seed financing. Meanwhile, the new financing will be used to expand further within Germany and into additional European markets this year. Cristina Stenbeck from Kinnevik also joins the round in a personal capacity.

startup 101

startup incumbents financing finance 101

TechCrunch

JUNE 23, 2021

Lower , an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. The financing also marks the previously bootstrapped Lower’s first external round of funding in its seven-year history. This round is notable for a number of reasons.

financing 94

financing finance incumbents investing 94

TechCrunch

JANUARY 30, 2022

As these technologies proliferate in everyday life, we’ll witness the advent of the Internet of Payments …Together, sooner than you might think, the newcomers will unseat the incumbents. Seriously, the extent at which this company shares the details of its finances is something to be admired and we wish all startups would follow suit.

incumbents 136

incumbents SaaS angel investing ventures 136

TechCrunch

MAY 1, 2021

That became $4 trillion in mid-2018. Myles Udland , a reporter at our sister publication Yahoo Finance, has at least part of the puzzle in a piece he wrote this week. Back in July of 2017, I wrote a piece noting that their aggregate value had reached the $3 trillion mark. Fair enough.

incumbents 106

incumbents mix-use capital venture capital 106

TechCrunch

JUNE 14, 2021

According to an HBS case study , “in December 2018 the interest rate in Brazil for corporate loans was 52.3%, for consumer loans it was 120.0% Brazil’s banking system is a massive market, and one ill-served by incumbents. and for credit card indebtedness it was 272.42%.”

incumbents 99

incumbents pitching strategy disruption 99

TechCrunch

NOVEMBER 2, 2020

Marshmallow first came out of the wild in 2018 with a product targeted initially at expats. Tim Holliday, a founding employee who is now the chairman, has been integral also to understanding what the company can use tech to tackle in terms of incumbency: he has a longstanding record as an executive in the industry.

incumbents 66

incumbents health founder accelerator 66

TechCrunch

APRIL 27, 2022

Index led its Series C in 2020 ; Valar led a round in 2018 ). That’s a sign of how there is not just incumbent marketshare to take away, but new users popping up all the time. This is a major round for the startup: Taxfix has raised around $330 million since being founded in 2016. Turbotax, Intuit’s big product in the U.S.

incumbents 91

incumbents financing finance board 91

TechCrunch

FEBRUARY 13, 2023

We have bundled all of a business’ needs under a single finance operating stack for businesses. Investors included Lightspeed and Sequoia Capital SEA, along with Paypal, Tencent, LGT Capital Partners and returning investors. TechCrunch last covered Aspire when it raised its Series B in 2021.

incumbents 80

incumbents financing finance capital 80