TechCrunch

JULY 13, 2021

To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. The company is able to show what kind of financing can be obtained based on the amount of data customers provide.

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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 117

peer-to-peer financing finance incumbents 117

TechCrunch

SEPTEMBER 24, 2021

Joining Lerer Hippeau in the investment are Siddhi Capital, Idea Farm Ventures, Simple Food Ventures, Animal Capital and American Pie executive Alan Mitzner. As part of the investment Larry Appel, former CEO of The Fresh Market, and Benjamin McKean, CEO of Hungryroot, will join the company’s advisory board. Immi takes in $3.8M

ventures 97

ventures incumbents startup health 97

TechCrunch

MAY 29, 2022

Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 million Series B financing round, lifting its total funding to $90 million since the business launched just nine months ago. by 2022, compared to China’s 6% and South Korea’s 34% in 2020.

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incumbents financing finance capital 101

TechCrunch

JUNE 29, 2022

April users connect their payroll, bank statements, mortgage, prior year’s tax return and other finance apps to the platform and then tell April about significant tax events over the past year (e.g., ” Countless vendors offer online tax prep services, including incumbents like TurboTax and H&R Block. moving to another state).

incumbents 87

incumbents financing finance advice 87

TechCrunch

JUNE 8, 2022

Founded in 2020 and launched in 2021, Juni closed off its Series A only in October of last year (it raised $21.5 Most incumbent banks, and now a fair number of neobanks, target small and medium businesses as customers. It didn’t give actual customer numbers.) They likely do business in multiple geographies and multiple suppliers.

incumbents 89

incumbents capital investing investment 89

TechCrunch

FEBRUARY 10, 2021

Today, Tomo announced a $7 million seed funding round that included participation from a slew of investors including KB Investment Inc. KBIC) — a subsidiary of South Korean consumer bank, Kookmin Bank — along with Barclays, Knollwood Investment Advisory, BAM Ventures, Passport Capital, Ulu Ventures and Strong Ventures. .

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incumbents financing finance accelerator 101

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 98

real estate incumbents strategy financing 98

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

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financing finance incumbents collaboration 98

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.

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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.

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incumbents opportunity enablement innovation 92

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.”.

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incumbents capital financing finance 96

TechCrunch

JUNE 21, 2021

And if you want to build one in a sector crowded by both incumbent companies and richly funded startups, it can be super expensive. That was the lesson we learned in late 2020 by examining operating results from a number of neobanks. Revolut’s 2020. Gross profit growth of £123 million in 2020, up 215% from 2019.

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incumbents startup investing investment 99

TechCrunch

JANUARY 26, 2022

The latest financing brings the San Francisco-based startup’s total funding raised to $50 million. billion in 2020 to boost its data and analytics capabilities. While it invested mostly on its product in 2021, it plans to put some of its new capital toward its go to market strategy while continuing to be “heads down focused on product.”

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

FEBRUARY 1, 2022

The former commercial chief (Product, Sales and Marketing) at PayPal, he now leads fintech investing at Matrix Partners, where he also invests in consumer marketplaces and enterprise software. Fintech tailwinds, strengthened by the COVID-19 pandemic in 2020, only accelerated in 2021. Share on Twitter.

incumbents 107

incumbents VC accelerator investing 107

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?

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enablement startup incumbents transportation 97

TechCrunch

JANUARY 15, 2023

On Friday, January 13, investment giant BlackRock announced it was acquiring a minority stake in SMB 401(k) provider startup Human Interest. For one, as one source told me, BlackRock’s investment is a show of faith in the SMB 401(k) market — one where the firm hasn’t historically played. Consolidation everywhere. ” In other news.

incumbents 117

incumbents energy board investing 117

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. “We That’s up from about 650 employees in June of 2020.

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financing finance incumbents investing 94

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%

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incumbents collaboration enablement leadership 86

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. As part of the investment, Priya Saiprasad, partner at SoftBank Investment Advisers, is joining CommerceIQ’s board of directors. “E-commerce

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capital startup enablement incumbents 89

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.

incumbents 102

incumbents financing finance strategy 102

TechCrunch

FEBRUARY 11, 2021

For one, the San Francisco-based company had already raised $50 million across two tranches in 2020. And last but definitely not least, the latest extension — which closed in December but is only now being publicly announced — effectively doubles Human Interest’s valuation from its financing a few months prior. .

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financing finance incumbents capital 88

TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. In addition, one of the only ways insurance companies can make a profit is by taking those hundreds of millions of dollars in payments and investing it. They want all of their money up front so they can invest it.

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financing finance incumbents disruption 83

TechCrunch

JANUARY 27, 2022

But in 2020, NALA started testing international money transfers after some users expressed interest in moving money from the U.K. to select African countries include unicorn Chipper Cash , Lemonade Finance, Zazuu and Sendwave. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share.

peer-to-peer 98

peer-to-peer incumbents financing finance 98

TechCrunch

JANUARY 30, 2022

voting rights tied to its original investment, “contingent on the final settlement of certain legal proceedings (which has not yet occurred).” 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.

incumbents 136

incumbents SaaS angel investing ventures 136

Haystack

DECEMBER 26, 2018

There are many reasons for that, such as private equity and crossover investors investing earlier, or the fact that LPs in VC funds are affected by public market swings and could, theoretically, hit some VC firms to feel the pinch. Maybe it will be 2019, or 2020 — or even 2021. I am expecting a downturn at some point.

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opportunity incumbents VC culture 76

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. and it’s often free money owed to you!

incumbents 91

incumbents financing finance board 91

TechCrunch

JANUARY 22, 2023

Dollars raised and deal volume in the fourth quarter dropped to their lowest levels since 2020 — with $1.6 Snafus can happen even when incumbents and fintechs partner. Reports Fintech Finance News: Turkish fintech company “ Papara. The relationship between incumbents and upstarts has long been a complicated one.

incumbents 105

incumbents media ventures financing 105

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.

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incumbents technology startup strategy 87

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.

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innovation incumbents frameworks support 86

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. Related: goPuff itself is also looking to expand into Europe and is currently in talks to acquire or invest in the U.K.’s ’s Fancy , which some have dubbed a mini goPuff).

startup 101

startup incumbents financing finance 101

TechCrunch

JANUARY 29, 2021

Mercedes Bent and Bradley Twohig , partners, Lightspeed Venture Partners (a multistage generalist fund with investments including Forage, Clever and Outschool). Rising African venture investment powers fintech, clean tech bets in 2020. Rising African venture investment powers fintech, clean tech bets in 2020.

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VC founder media education 107

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 87

incumbents peer-to-peer health opportunity 87

TechCrunch

MARCH 15, 2021

The funding was led by Addition, the investment firm founded by former Tiger Global partner Lee Fixel, and included participation from returning investors Square Peg and Apex Capital. million) seed round in June 2020. million USD) Series A last year, it announced today. The startup previously raised a $6.3 million AUD (USD $4.9

incumbents 83

incumbents hospitality financing finance 83

TechCrunch

SEPTEMBER 13, 2021

It also helps the finance team understand expenses, including which are valid and those that are not.”. CPG sales topping $720 billion in 2020. Costanoa Ventures led the investment and was joined by Torch Capital and a group of angel investors including Fivestars CTO Matt Doka and Hu’s Kitchen CEO Mark Ramadan.

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startup incumbents development capital 80

Entrepreneur's Handbook

APRIL 25, 2022

The 2020 Effect?—?Institutional Institutional Adoption Over the years, I maintained an active interest in crypto, continuing to invest in coins (some great, some garbage), and kept reading and learning more. In 2020, the world changed dramatically. In the risk-on environment of 2020–21, I turned to my favorite asset class?—?cryptocurrency.

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real estate incumbents investing investment 82

TechCrunch

MAY 1, 2021

Myles Udland , a reporter at our sister publication Yahoo Finance, has at least part of the puzzle in a piece he wrote this week. This time we’ll hear from Accel’s John Locke regarding his investments in The Zebra — which recently raised even more capital — and the insurtech space more broadly. Fair enough.

incumbents 106

incumbents mix-use capital venture capital 106