TechCrunch

JULY 26, 2021

Since the company launched its platform, business was building steadily, and took off in the second half of 2020. When Shamir was building Simple, he could see how challenging it was for incumbents to provide the tools developers need to embed financial services, and this is why we have confidence in his ability to win.”.

development

TechCrunch

APRIL 6, 2021

D1 Capital Partners led the financing, with participation from Tiger Global and Investment Group of Santa Barbara (IGSB), the company said. OneStream said annual recurring revenue grew 85% in 2020, with customers growing by 40% to 650 enterprises. The funding values OneStream at $6 billion.

finance

TechCrunch

DECEMBER 6, 2022

But that hasn’t stopped new ventures from cropping up to challenge the incumbents. Bringing Expeto’s total raised to over $25 million (inclusive of $5 million in debt financing), the proceeds will be put toward product R&D as well as customer and partner acquisition, according to CEO Michael Anderson.

networking

TechCrunch

NOVEMBER 2, 2022

more data by year-end 2022 than in 2020, amounting to multiple petabytes of data in total. Alation counts more than 25% of the Fortune 100 as clients, touching verticals such as finance, healthcare, pharma, manufacturing, retail, insurance and tech. An IDC report commissioned by Seagate projected companies would collect 42.2%

incumbents

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 : 2020. YC-backed Duplo raises $1.3M

startup

TechCrunch

JANUARY 25, 2021

In 2020, all the long-term trends forcing change in this sector continued and even accelerated. Public fintech stocks rose 97% in 2020. For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index. Second, liquidity.

incumbents

TechCrunch

JANUARY 29, 2021

Rising African venture investment powers fintech, clean tech bets in 2020. After falling into yesterday’s wild news cycle, Alex Wilhelm returned to The Exchange this morning with a close look at venture capital activity across Africa in 2020. Rising African venture investment powers fintech, clean tech bets in 2020.

VC

TechCrunch

JANUARY 16, 2021

Israel’s startup ecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Data-driven AppsFlyer, spearheaded by Oren Kaniel, is an exciting mobile-attribution company that is rapidly growing ($200 million+ ARR in 2020) yet maintains a unique DNA. Yonatan Mandelbaum, TLV Partners.

startup

TechCrunch

APRIL 30, 2021

The data is based on a sample of 2,500 companies that have used AngelList to syndicate deals from 2013 through 2020. Mix in the impending SPAC-led debut of eToro, general bullishness in the cryptocurrency space, record highs for some equities markets, and recent rounds from Public.com, M1 Finance and U.K.-based But will it?

startup

TechCrunch

FEBRUARY 19, 2021

Following up on our May of 2020 survey of the sector and about the impact of COVID-19 in particular , TechCrunch spoke with 10 investors about the state of mobility, which trends they’re most excited about and what they’re looking for in their next investments. We’d love to see better debt financing for electric vehicle companies.

transportation

TechCrunch

JANUARY 14, 2021

Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. In June 2020 it merged with French competitor Everoad, and acquired Uber Freight’s European business last September. Sources say Hedosophia may be the unnamed growth investor, although Sennder declined to comment.

incumbents

Y Combinator

DECEMBER 8, 2021

In April 2020, British banking startup Monzo’s revenue fell by almost 50%. 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. When they joined, Monzo was generating $69M in revenues (in April 2020). expectations.

peer-to-peer

TechCrunch

SEPTEMBER 8, 2021

This works for some, but too often founders find themselves diluting their equity to unrecoverable portions rather than considering other financing options that allow them to hold on to their company — options like debt capital. People tend to think that category creation is less risky than incumbent disruption.

strategy

TechCrunch

MARCH 4, 2022

Keyway , a startup that buys property from small and medium-sized business owners and then leases it back to them, has secured $70 million in debt financing on the heels of a $15 million equity raise. And 20% of transactions fall through because the buyer didn’t have guaranteed financing.” commercial real estate value.

real estate

TechCrunch

JUNE 6, 2022

” Ivella isn’t just competing with the theory of joint accounts pushed by incumbent banks, but also venture-backed startups seeking a multiplayer fintech world. The startup raised a $9 million seed round from investors, including Index and Accel, in 2020. Zeta, which raised a $1.5

peer-to-peer

TechCrunch

OCTOBER 1, 2021

million seed financing in the summer of 2020. The pair teamed up in 2020 to come up with a platform that would give FP&A teams the ability to “seamlessly” work across planning and reporting cycles. Their goal was to create a strategic finance platform for the enterprise that had the look and feel of a consumer offering. “And

finance

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

TechCrunch

JUNE 30, 2021

Ribbit Capital led the financing, which also included participation from DST Global, NFX and Zigg Capital. Former Zillow executives Greg Schwartz and Carey Armstrong founded Stamford, CT-based Tomo in the fall of 2020 to take on big banks when it comes to providing mortgages to consumers. No doubt it has plenty of competition.

real estate

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 ended 2020 with less than 10 million accounts total. billion in transaction volume a month.

incumbents

TechCrunch

AUGUST 24, 2021

The fintech then launched its product in October 2020 and today offers a checking account combined with a software layer that aims to help SMBs manage their financials. For its part, Patrick Backhouse of Greenoaks Capital believes that Brazil has an “enormous” SME economy that has historically been “underserved by incumbent banks.”.

incumbents

TechCrunch

FEBRUARY 3, 2022

“We don’t want to be elitist, we don’t want to do this for a very small category of people because we really want to become the incumbent bank in the U.S.,” Banks are trying to become relevant, but students don’t buy the BS that incumbents are doing.” Yahyaoui said, starting with students. That’s the goal.”.

incumbents

TechCrunch

FEBRUARY 1, 2022

Fintech tailwinds, strengthened by the COVID-19 pandemic in 2020, only accelerated in 2021. Despite a roughly 30% draw-down in the last months of 2021, the Matrix Fintech Index continued to beat the broader market as well as incumbent financial service companies.

incumbents

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. The financing brings NorthOne’s fundraising total to $90.3 Battery Ventures led NorthOne’s $21 million Series A in March of 2020 and is doubling down on its investment with the new raise.

capital

TechCrunch

FEBRUARY 2, 2022

NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception. So, just how does it work?

enablement

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. They are electronic yet manual processes that make their work very inefficient. More than 3,000 users also utilize its software.

incumbents

TechCrunch

SEPTEMBER 1, 2022

And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. Infrastructure providers can help connect fintech companies with incumbent banks so that they can both reap the benefits of the interest rate environment.

incumbents

TechCrunch

SEPTEMBER 7, 2021

When we covered the company’s most recent funding round before this — a $30 million raise in November 2020 — the startup was valued at $310 million. Meanwhile, Marshmallow’s novel, big-data approach and successful traction in the market speak for themselves. “They are big companies and stuck in their ways.

incumbents

TechCrunch

FEBRUARY 4, 2021

Mexico’s ALLVP, Clocktower, Kevin Efrusy and Oskar Hjertonsson and existing backer Raptor Financial Group participated in the financing as well. Since launching its first brokerage product in July of 2020, Flink has surpassed 1 million users and 800,000 active brokerage accounts. The demand for what Flink has to offer is clear.

investing

TechCrunch

MARCH 21, 2022

We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing. digital shopping companies in 2021, up from $23 billion in 2020. He exited the company to Lowe’s in 2019. London & Partners and Dealroom.co

capital

TechCrunch

SEPTEMBER 8, 2022

When YC went remote during the pandemic, the number of companies it accepted in subsequent batches from summer 2020 ballooned, and so did the number of African startups. While the region represented about 6% of the entire winter batch, it’s 3% for this batch.

startup

TechCrunch

FEBRUARY 8, 2022

Thndr, launched in late 2020 by Ahmad Hammouda and Seif Amr , is filling the gap by making it easier to open and manage investment accounts, consequently replacing traditionally slow and outdated processes by incumbents. A common reason for poor investment penetration in MENA is that opening a brokerage account is expensive.

investing

TechCrunch

MARCH 30, 2023

In her expanded role, which still includes serving as the company’s COO, Dufétel oversees all operational and go-to-market teams, including finance and marketing. Finance in 2021, and to Fortune’s 40 under 40 in 2020. And before that, she worked at Neuberger Berman and served as a partner at McKinsey & Company.

innovation

Y Combinator

DECEMBER 8, 2021

In April 2020, British banking startup Monzo’s revenue fell by almost 50%. 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. When they joined, Monzo was generating $69M in revenues (in April 2020).

peer-to-peer

Entrepreneur's Handbook

APRIL 25, 2022

The 2020 Effect?—?Institutional In 2020, the world changed dramatically. In the risk-on environment of 2020–21, I turned to my favorite asset class?—?cryptocurrency. 2017 versus 2020: Live Use Cases Everything was looking very different from the 2017 bull market. By 2020–2021, things started to look very different.

real estate

TechCrunch

APRIL 14, 2022

Armed with knowledge and data that it had gathered over the years, Welcome Tech in November of 2020 launched a banking service, including a debit card and bilingual mobile app. “We I think that’s a big moat around any of the incumbents,” he said. “In the company says.

education

TechCrunch

SEPTEMBER 18, 2022

In 2020, digital bank Varo became the first-ever all-digital nationally chartered U.S. 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. FIS has launched Worldpay for Platforms, an embedded finance solution aimed at SMBs.

real estate

TechCrunch

OCTOBER 1, 2021

In conversation with reporter Taylor Hatmaker, Rubin said NFTs show that individuals can benefit from Web3 adoption, while decentralized finance and cryptocurrency trading are more commercialized forms. Successful startups will inevitably draw the attention of powerful incumbents in their industry,” he writes for TechCrunch+.

finance