TechCrunch

JUNE 9, 2022

Prosus Ventures, Quona Capital, Mouro, IFC, Acrew and Endeavor Catalyst also participated in the round. In total, the company has raised over $150 million in equity funding since its 2019 inception. One advantage for Klar, according to Möller , is that its “cost to serve a user” is about 1/20 of what the incumbents pay.

incumbents 97

incumbents opportunity financing finance 97

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. Access to capital through overdrafts and Monzo credit products. Outperforming incumbents with modern experience and digital infrastructure. expectations. Social features to pay your friends (e.g., Splitwise).

peer-to-peer 103

peer-to-peer incumbents financing finance 103

TechCrunch

FEBRUARY 23, 2023

Growth Partners with participation from Active Capital and other unnamed investors. to “scale given the market opportunity.” ProsperOps helps these businesses save real money by automatically identifying savings opportunities that may otherwise go unnoticed. ” “H.I.G.

investing 92

investing investment peer-to-peer startup 92

TechCrunch

JANUARY 7, 2021

Mambu has been seeing 100% growth year-on-year, but notably, Mambu covered 50 markets when it last raised money, €30 million in 2019 , so you can argue it has some investing and expanding to do on that front. Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools. That could lead to consolidation, too.

SaaS 126

SaaS incumbents opportunity disruption 126

TechCrunch

MAY 25, 2022

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. EdgeQ , Kneron , and Hailo are among the dozens of upstarts vying for customers, the last of which nabbed $136 million in October as it doubles down on new opportunities.

startup 95

startup accelerator incumbents disruption 95

TechCrunch

DECEMBER 15, 2021

To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil. “It’s a huge market that is still controlled by incumbents charging extremely high interest rates, which makes it difficult for people to pay back their loans.

incumbents 80

incumbents startup financing finance 80

TechCrunch

JUNE 8, 2022

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.

incumbents 87

incumbents financing finance technology 87

TechCrunch

AUGUST 24, 2021

Cora , a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. million Series A round — led by Silicon Valley VC firm Ribbit Capital — in early April. million since its 2019 inception. Ribbit Capital leads $26.7M

incumbents 96

incumbents capital financing finance 96

TechCrunch

MAY 11, 2022

That player, Crowdz , recently secured $10 million in financing co-led by Citi and Dutch growth equity firm Global Cleantech Capital, with participation from Bold Capital Partners, TFX Ventures and Augment Ventures. In 2019, Barclays Bank and Bold Capital Partners co-led a $5.5 million Series A funding round for Crowdz.

financing 98

financing finance funders SaaS 98

TechCrunch

MARCH 4, 2021

Remote working — hiring people further afield and letting people work outside of a central physical office — is looking like it will be here to stay, and today one of the startups building tools for that environment is announcing a big fundraise in response to the opportunity. Hopin confirms $400M raise at $5.65B valuation.

incumbents 99

incumbents capital opportunity ventures 99

TechCrunch

JULY 14, 2021

Thanks to San Francisco-based Cardless , that opportunity may be less of a stretch than you think. The startup, which is out to give brands and tech companies a way to launch custom co-branded credit cards, has raised $40 million in a Series B funding round led by Activant Capital. Cardless is attempting to shake up a massive market.

incumbents 95

incumbents financing finance innovation 95

TechCrunch

JANUARY 28, 2021

Last year brought a flurry of record-breaking venture capital to the sector. billion in 2019. billion in venture capital across 265 deals during 2020, compared to $1.32 The evolution of post-pandemic education will be complex, if not aggressively competitive among the growing cohort of well-capitalized edtech companies.

education 134

education venture capital ventures opportunity 134

TechCrunch

JANUARY 26, 2022

Polly, a SaaS technology startup aiming to “transform” the mortgage capital markets, announced today that it has raised $37 million in a Series B funding round led by Menlo Ventures. Carmel believes Polly stands out from others in the industry in that it is helping create a fourth category in the mortgage sector — capital markets. “I

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

MAY 11, 2021

It’s raising a $30 million Series B, led by TransUnion — one of the largest incumbents in an industry that Spring Labs is looking to shake up. GreatPoint Ventures and August Capital, among other existing investors, are participating in the Series B round as well. “We

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

AUGUST 17, 2022

and United Emirates; and existing backers Bessemer Venture Partners, Pitango, D1 Capital, Atreides Management, and Harel Insurance Investments & Financial Services are also participating. “We have seen in the past couple of years some of the incumbent networking vendors starting to adopt our model,” said Susan.

networking 77

networking peer-to-peer incumbents innovation 77

TechCrunch

JANUARY 26, 2022

Snowflake and other incumbents figure significantly, but Firebolt has been entering the picture when those new use cases, and new cracks, come up. The opportunity that Firebolt is targeting is a ripe one in the world of enterprise. “We rarely see people not liking Snowflake. In a room, they will never say we want to replace it.

startup 87

startup incumbents capital ventures 87

TechCrunch

JUNE 5, 2022

And this gives Affirm an opportunity to generate more revenue as it makes money in part on interest fees. But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. What does this mean for digital banks as a whole?

incumbents 96

incumbents financing finance pitching 96

TechCrunch

MARCH 30, 2023

TechCrunch reached out to Dufétel to find out more about her plans as Checkout.com’s new president, including what’s in store for the company this year, her thoughts on the future of payments generally and why she sees so much opportunity in the U.S. We also asked how she felt about the comparisons to Stripe…and her answer may surprise you.

innovation 86

innovation incumbents frameworks support 86

TechCrunch

AUGUST 29, 2022

However, it differentiated itself by committing to payments on social media platforms, which Nigerian digital bank Carbon was interested in when it acquired the startup in 2019. As such, banking-as-a-service platforms see an opportunity to provide more personalized services and flexibility at less cost.

startup 93

startup incumbents financing finance 93

TechCrunch

APRIL 28, 2021

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation. billion ($1.8

incumbents 102

incumbents financing finance strategy 102

TechCrunch

MARCH 16, 2023

Founded by Yuri Frayman, Leon Kuperman and Laurent Gil in 2019, Cast AI — powered by AI, as the name implies — analyzes a company’s cloud usage to attempt to find the optimal cost-performance ratio. He thinks the Silicon Valley Bank scare could spur business, too, given the newfound tightness of capital.

incumbents 98

incumbents investing investment opportunity 98

TechCrunch

OCTOBER 12, 2021

New investors include angels like Gokul Rajaram and Emilie Choi, founders and employees from Wealthsimple, Orum, Alloy, Chime, Square and funds/syndicates in addition to Primer Capital, Gaingels and Moving Capital. million since its 2019 inception. With the latest Series A financing, Nelo has raised a total of $25.6

incumbents 92

incumbents financing finance capital 92

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. Monzo attacked incumbent models by creating an entirely app-based experience where customers could open a checking account from their phone for free. Venmo) or split the bill (e.g.,

peer-to-peer 40

peer-to-peer incumbents financing finance 40

TechCrunch

SEPTEMBER 15, 2021

They originally started Sheltr, which connected customers with trained maintenance professionals and was acquired by Hippo in 2019. This is where Wynn believes Ascend is competing, though some incumbents are offering premium financing, but not in the digital way Ascend is. Ascend on Wednesday announced a $5.5 Ascend app.

financing 83

financing finance incumbents disruption 83

TechCrunch

MAY 12, 2022

The funding is being co-led by Cota Capital and TempoCap, with participation also from Element Ventures, MissionOG and PostFinance as well as past investors Octopus Ventures, Opera Tech Ventures and SBI Investments. In the latest development on this theme, a UK startup called Token.io

incumbents 81

incumbents financing finance innovation 81

TechCrunch

AUGUST 19, 2022

million in seed funding to make its mission a reality, with backers including OSS Capital; Lux Capital; Sisu Game Ventures; and — somewhat notably — Bob Young , the cofounder and former CEO of Red Hat, an enterprise-focused open-source company that IBM went on to acquire for $34 billion in 2019. Godot editor demo.

incumbents 100

incumbents communities support development 100

TechCrunch

JANUARY 15, 2023

” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”. He told me: “The question I have is who will capitalize on this bear market to scoop up valuable technology or talent. billion, had cut 10% of its staff.

incumbents 117

incumbents energy board investing 117

TechCrunch

MARCH 27, 2022

For example, Brex announced last week that it provided $10 million in growth capital via venture debt to Zesty.ai, a leading provider of predictive data analytics in the climate risk space. Startups like these are keeping the incumbents (relatively speaking) on their toes. Capitolis valued at $1.6B Image Credits: Nora Apsel / Morty.

ventures 96

ventures technology startup real estate 96

TechCrunch

MARCH 29, 2022

Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Founded in : 2019. Quick thoughts : In 2019, Curacel started with claims automation and fraud detection in health insurance with hospitals as its target market.

startup 91

startup hospitality health financing 91

TechCrunch

JANUARY 16, 2021

The investors: Boaz Dinte , managing general partner, Qumra Capital. Adi Levanon Chazan , partner, Flint Capital. Noam Kaiser , partner, Intel Capital. Boaz Dinte, Qumra Capital. What are some overlooked opportunities right now? What are some overlooked opportunities right now?

startup 141

startup mix-use SaaS advice 141

TechCrunch

SEPTEMBER 18, 2022

” The company added that a corporate credit card has been one of the most requested features from customers since Mercury launched in 2019. This is particularly interesting because many of the existing corporate card players often point to Concur as an incumbent that they are trying to replace. “It’s straightforward 1.5%

real estate 82

real estate incumbents opportunity founder 82

TechCrunch

APRIL 30, 2021

Raising capital for a new fund is always hard. billion in 2019. In this exciting moment, when younger founders will likely receive more attention, capital and control than ever, it’s crucial to avoid certain pitfalls. The new capital came less than a year after Brex raised $150 million at a $2.9 billion from $17.8

startup 78

startup construction VC health 78

Andreessen Horowitz

MARCH 13, 2024

And then there was actually one guy who…actually, his name is, I think, Alec Radford, and he literally was like off in the corner at OpenAI, like, working on this in 2018, 2019. And so I think this is an opportunity for the defenders to not only keep up, but also build better systems for the present-day threat landscape, also.

energy 85

energy education technology capital 85

TechCrunch

MAY 22, 2022

I’ve come to realize, in reporting on startups and venture capital pretty much exclusively for the past 5 years — and for many more before that in one capacity or another — that nothing is black and white, things aren’t always what they seem and they can change in the blink of an eye.

real estate 92

real estate ventures venture capital financing 92

OurCrowd

AUGUST 14, 2019

The decline doesn’t seem to be letting up in 2019, with retailers shutting down 23% more stores than they did at the start of last year (2000+ store closings), according to Coresight Research. Casper, an OurCrowd portfolio company and new addition to the class of 2019 $1B “unicorns,” is a prime example of this new generation of “born onlines.”

sustainability 51

sustainability incumbents technology strategy 51

TechCrunch

NOVEMBER 30, 2021

That’s why we’re Miami-based now, and that’s kind of opening plenty of opportunities for us,” Power said. ASX is raising capital rapidly so it can compete for coveted partnerships against incumbents like Disney, Caesars and Fox Sports, as the regulatory landscape opens up. is kind of where it’s at.

incumbents 87

incumbents startup media enablement 87

Entrepreneur's Handbook

APRIL 25, 2022

In 2019, I switched jobs and joined Google (primarily for immigration reasons) as a Software Engineer. It would be hard not to with such massive amounts of capital injections into the economy. Take advantage of arbitrage opportunities. In 2020, the world changed dramatically. Everyone felt the inflation incoming. flash loans”).

real estate 82

real estate incumbents investing investment 82