Remove 2021 Remove financing Remove incumbents Remove venture capital
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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index. For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index.

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Fintech outperformed the market in 2021, and it’s set to do even better

TechCrunch

Fintechs could see $100 billion of liquidity in 2021. 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.

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Harry’s files paperwork for fresh $139.9M financing

TechCrunch

A year after the FTC blocked Harry’s from getting acquired by Edgewell Personal Care, the direct-to-consumer razor startup raised $155 million in Series E financing to give it a $1.7 million in a new financing event. Early in 2021, it launched its Headquarters hair care line. billion valuation. It recently acquired Lum?,

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TechCrunch+ roundup: Alternative financing, Web3 adoption, India’s hot Q3 fundraising

TechCrunch

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. Which form of venture debt should your startup go for? “And that’s, I think, the simplest way, the shortest way I can explain it.”.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

Today, Teampay has hundreds of customers and significant venture capital financing behind it. million in debt) Series B led by Fin Venture Capital with participation from Mastercard, Proof Ventures, Trestle and Espresso Capital, bringing Teampay’s total raised to $65 million. . billion in 2021.

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With capital aplenty, modern corporate investors marry financial and strategic goals

TechCrunch

The corporate venture capital (CVC) market is booming. Yesterday, The Exchange dug into the data behind the CVC market’s very busy 2021. But it’s not a pure venture capital story. The Exchange explores startups, markets and money. But does our perspective line up with what active corporate investors think?

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Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market

TechCrunch

Recently, there’s been rapid digitization of this market , with several startups upending incumbents such as classifieds and hoping to define the new era of used-car-sale platforms. Saudi-based early-stage venture capital firm RAED Ventures led the round. Some include U.K.’s Sylndr is yet to launch to the public.