TechCrunch

DECEMBER 15, 2021

“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. To get even more specific, the team is projecting to reach nearly $196 million in revenues in 2022, a “3x” growth compared to 2021.

incumbents 80

incumbents startup financing finance 80

TechCrunch

SEPTEMBER 30, 2022

We’re thrilled to welcome Changpeng Zhao to TC Sessions: Crypto 2022 in Miami on November 17. Binance has been extremely busy in 2022, even amid a crash in cryptocurrency prices and macroeconomic uncertainty. earned new investment as it strives to topple incumbents like Coinbase. Competitors have also been taking notice.

opportunity 93

opportunity founder incumbents strategy 93

AsiaTechDaily

JANUARY 19, 2023

Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. billion) worth of deposits and loans to local BPRs and MSMEs in 2022. Komunal has channeled $230 million (equivalent to IDR 3.6

peer-to-peer 75

peer-to-peer incumbents accelerator economic growth 75

TechCrunch

APRIL 18, 2023

But it also could be the worst of times for founders thinking about launching an AI startup, especially one that can grow and be defensible against incumbents in a fast-changing environment. CB Insights compiled data from 2021 and 2022 to understand where VC investment money has been going when it comes to generative AI startups.

startup 98

startup incumbents energy advice 98

TechCrunch

APRIL 20, 2023

” It’s tough for any cloud provider to compete with the incumbents in the space — i.e., Google, Amazon and Microsoft. To drive the point home, according to a Statista report from the fourth quarter of 2022, AWS had a 32% market share, Azure had a 23% share and Google Cloud had a 10% share. billion and $26.28

investment 97

investment investing incumbents accelerator 97

AsiaTechDaily

MARCH 31, 2023

Qoala has managed to double its volume of gross written premiums since its last funding round in May 2022, alongside strengthening its market presence in the region. In addition to its financial contributions, Qoala also empowers the public with financial literacy across various offline and online platforms.

incumbents 96

incumbents economic growth sustainability enablement 96

Andreessen Horowitz

AUGUST 30, 2023

There are really three investable opportunities in the category of “known knowns”: Sell software to incumbents Compete with incumbents, with generative AI at the core Buy incumbents and remake them with AI—what a “generative AI” KKR would be doing Think about Rocket Mortgage, with thousands of mortgage brokers and 2022 net revenues of $5.8

opportunity 91

opportunity incumbents finance financing 91

Andreessen Horowitz

MARCH 20, 2024

This was in, I think, August of 2022, we got to this conclusion that chat is the right paradigm for this, and we need a new product. You know, incumbents versus startups. There’s a take out there now on AI, which is, this time it’s different, and the incumbents are the real winners, right? David: Yeah.

incumbents 143

incumbents networking technology creativity 143

TechCrunch

APRIL 20, 2023

After working together for nearly one decade, three former managing directors of Amex Ventures in early 2022 branched out to form their own fintech-focused venture firm, Vesey Ventures. The trio had made early investments in more than 50 fintech companies, including the likes of Stripe, Plaid, Melio and Trulioo. Sign up here.

ventures 76

ventures incumbents startup VC 76

TechCrunch

MAY 25, 2022

. “Sima.ai’s platform addresses any computer vision application using any model, any framework, any sensor, any resolution … [We as a company have] seized the opportunity to disrupt the burgeoning edge computing space in pursuit of displacing decades old technology and legacy incumbents.” billion by 2025.

startup 95

startup accelerator incumbents disruption 95

TechCrunch

FEBRUARY 23, 2023

billion in 2022. Veritas, a cloud data management vendor, found in a 2022 poll that upwards of 94% organizations incur higher costs than anticipated when using a public cloud service provider and overspend by an average of 43%. billion in 2023, up from $490.3

investment 92

investment investing peer-to-peer startup 92

TechCrunch

JANUARY 22, 2023

There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann Last week, I dug into CB Insights’ State of Fintech 2022 report. billion in 2022. That’s a big drop even from just the first quarter of 2022, in which we saw $5.3 That compares to $25.3

incumbents 105

incumbents media ventures finance 105

American Entrepreneurship

FEBRUARY 16, 2023

Comun observed that no incumbent bank offers a full Spanish language banking experience. Since its debut in 2022 Comun customers have moved over $100,000 a week on average that resulting in a 20% week-over-week growth—a great start for the financial inclusion of Latinos. “We Comun gained investor support of $4.5M

capital 74

capital entrepreneurship incumbents innovation 74

TechCrunch

FEBRUARY 7, 2023

Then there’s incumbents like Automation Anywhere and UiPath, which occupy the enormous robotic process automation market. After all, Jiffy.ai uses machine learning, AI and a design studio to help companies handle tasks that are usually performed manually — similar to what Ushur claims to offer.

incumbents 92

incumbents support SaaS ventures 92

TechCrunch

MAY 29, 2022

by 2022, compared to China’s 6% and South Korea’s 34% in 2020. The startup is competing with incumbents like Sayurbox, HappyFresh and TaniHub to win over users. As in many countries around the world, on-demand delivery got a boost during the COVID-19 pandemic in Indonesia.

incumbents 101

incumbents finance financing capital 101

TechCrunch

FEBRUARY 11, 2022

There were other funding events and product launches, but that’s enough of a sample for us to understand that private-market investors around the world are investing in the consumer checkout-and-credit capability, even after industry incumbents Affirm went public and Klarna has grown to massive scale with global reach.

startup 89

startup incumbents finance financing 89

TechCrunch

NOVEMBER 23, 2021

Column Tax’s tax prep product, “Tax Filing,” will also launch in February 2022 in time for the upcoming tax season, the company told TechCrunch.

incumbents 76

incumbents advice education financing 76

TechCrunch

DECEMBER 15, 2021

We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised $4 million in seed funding to go after incumbents like The RealReal. Gorra intends to use the new capital to continue technology development on those tools, to add to Rebag’s workforce of 150 people and expand its marketing.

peer-to-peer 97

peer-to-peer capital innovation incumbents 97

TechCrunch

DECEMBER 2, 2021

Presently, Mendel has 70 employees and it expects to end 2022 with 200. In Latin America, larger enterprises are underserved by incumbents, and Mendel is democratizing access to best-in-class software and payments,” he wrote via email. Image Credits: Mendel. Infinity’s Mario Ruiz agrees. “In

incumbents 90

incumbents financing finance frameworks 90

TechCrunch

OCTOBER 6, 2022

Companies such as Socure , Transmit Security and Trulioo have raised hundreds of millions of dollars between them within the last few years, while others, like Auth0, have been snapped up by incumbents like Okta. The company plans to grow to 25 people by the end of 2022. Image Credits: Oort. Israel and Uruguay.

incumbents 86

incumbents energy networking VC 86

TechCrunch

OCTOBER 21, 2021

Cards have an estimated payments volume of $900 billion per year, and yet 95% of these transactions are being processed by local incumbents, asserts Pomelo. Its goal is to hire another 150 employees by the end of 2022, according to Irigoyen, who was an early employee at Google LatAm.

finance 96

finance financing incumbents venture capital 96

TechCrunch

DECEMBER 14, 2022

It also helps that Azure Virtual Desktop is seeing swift uptake, in spite of competition from incumbents like VMware and Citrix. An early 2022 survey from eG Innovations and AVD TechFest of around 500 organizations found that 58% intend to have Azure Virtual Desktop installations running within two years.

incumbents 90

incumbents disruption board enablement 90

TechCrunch

FEBRUARY 2, 2022

Looking ahead, CEO Gomez projects that it will fulfill close to 6 million items in 2022. Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. . And in January, fulfillment is up 20% compared to November of 2021.

enablement 97

enablement startup incumbents transportation 97

Tomasz Tunguz

FEBRUARY 26, 2025

Consider whether your startup is differentiating on pricing to compete with an incumbent, or if you’re selling a superior product at a premium, in which case using the same pricing model with higher fees reinforces your brand positioning. What should my unit of pricing be?

SaaS 113

SaaS strategy enablement startup 113

TechCrunch

SEPTEMBER 8, 2022

Where is Y Combinator startup-hunting in 2022? Although these semi-incumbents have bigger war chests than the YC newcomers, Chowdeck and Foodcourt, in their respective profiles, have varying levels of traction to show they can battle it out in the hyper-local online food delivery space. Fintech … and others.

startup 81

startup incumbents accelerator finance 81

TechCrunch

NOVEMBER 2, 2022

more data by year-end 2022 than in 2020, amounting to multiple petabytes of data in total. There’s been an explosion of enterprise data in recent years, accelerated by pandemic-spurred digital transformations. An IDC report commissioned by Seagate projected companies would collect 42.2% billion and growing toward $11.6

incumbents 86

incumbents collaboration enablement ventures 86

TechCrunch

MAY 15, 2023

There’s scores of competition, including incumbents like OpenAI and Anthropic. ” Together, launched in June 2022, is the brainchild of Vipul Ved Prakash, Ce Zhang, Chris Re and Percy Liang. ” He has a point — insofar as incumbents are feeling the pressure, at least.

incumbents 91

incumbents communities enablement strategy 91

AsiaTechDaily

OCTOBER 15, 2022

In January 2022, Ayoconnect raised an oversubscribed Series B funding led by Tiger Global. Ayoconnect’s vision is to drive financial inclusion for Indonesian consumers and SMEs working in conjunction with regulators and incumbent banks to facilitate this.

startup 59

startup incumbents finance financing 59

TechCrunch

JUNE 23, 2022

Fintech startups are convinced that banks have lobbied the RBI to reach this decision, employing the age-old tactic where incumbents cry foul and rely on the regulator to rescue the day. — Ashneer Grover (@Ashneer_Grover) June 23, 2022. Some banks have been employing the same strategy for like a decade!”

startup 97

startup incumbents disruption accelerator 97

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. The company said that as of this month, it’s on track to see lifetime transactions for 2022 grow to $7 billion (although given it’s only January, that figure is likely to change). “We are competing against big banks.

incumbents 99

incumbents finance financing capital 99

TechCrunch

MARCH 29, 2023

How has your approach to the insurtech industry changed since the last time we spoke in Q3 2022 ? Every time a big name enters insurance, there is always a mix of skepticism from incumbents and a reminder that change is needed. That hasn’t changed. And their huge customer base could be a competitive edge.

opportunity 107

opportunity venture capital mix-use incumbents 107

TechCrunch

APRIL 8, 2022

When we consider that sentiment shift and the fact that totals fell from fourth-quarter levels, we can infer that Q2 2022 could easily report another sequential decline in global and U.S. venture capital activity,” he writes. The fundraising market is losing some of its founder-friendly shine. .

transportation 88

transportation venture capital incumbents hospitality 88

TechCrunch

DECEMBER 7, 2021

It joins with others working on similar animal-free egg products, like Simply Eggless and Eat Just, which raised $200 million earlier in the summer, and Perfeggt, a Berlin-based foodtech company poised to debut its chicken-less egg product in the first quarter of 2022. It secured $2.8 million in November.

incumbents 99

incumbents enablement technology capital 99

TechCrunch

NOVEMBER 11, 2021

Incumbents aren’t investing in R&D, or if they are, they are spending low, single digits there, and this creates an opportunity,” Fugman added. “We Fugman expects to launch new brands in the first half of 2022. Fugman said a multibillion market like that “gets us excited to have this kind of landscape for disruption.”

capital 86

capital incumbents venture capital enablement 86

TechCrunch

MAY 3, 2022

H1 2022 cybersecurity product-led growth market map. In this environment, most CISOs are experiencing “vendor overload,” which means small players that lack a robust network and large marketing budgets can’t participate in the same sales channels as incumbents. H1 2022 cybersecurity product-led growth market map.

pitching 84

pitching SaaS incumbents ventures 84

TechCrunch

APRIL 4, 2023

“I released Yuma as a prototype for fun in mid-December 2022, and was overwhelmed with demo requests,” Luccisano said. But Ochoa argues that Lasso solves many of the setup problems associated with incumbent RPA solutions while remaining license-free. ” How well Lasso works in practice remains to be seen.

startup 102

startup incumbents support consulting 102

TechCrunch

MARCH 21, 2022

Incumbents are over 20 years old and built on aging infrastructure created before the smartphone and social media,” he added. 4 trends that will define e-commerce in 2022. Over the next decade, we will have connected commerce and other tools to share your catalog everywhere buyers are.”.

capital 89

capital startup enablement incumbents 89