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

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

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

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

TechCrunch

MARCH 29, 2022

The only worry is incumbents might want to eat into Duplo’s meal — but then again, the market is massive. Founded in : 2022. Quick thoughts : Innovation in Africa’s B2B e-commerce and retail space has been around the digitization of processes and BNPL services, but not much around cash overdependence and fraud.

startup

TechCrunch

AUGUST 23, 2022

It’s a pitch that has landed thousands of members and, most recently, a billion-dollar valuation as of May 2022. The State of VC in 2022. We’re bringing Sila’s Gene Berdichevsky, Index Ventures’ Erin Price-Wright and The Engine’s Katie Rae together to share the real nuts and bolts of early fundraising in 2022. .

disruption

TechCrunch

FEBRUARY 1, 2022

And despite public markets’ rocky start in early January, we’re confident that 2022 will be another banner year for the sector. Then, we’ll turn our attention to the year ahead and offer some predictions for fintech in 2022. Fintech continued to outperform the market by 3x.

incumbents

TechCrunch

OCTOBER 27, 2021

After developing a network of telehealth, diagnostics and pharmacies for consumers, digital health company Truepill is targeting healthcare incumbents like health payers, providers and employer groups. We still have a lot in store for 2022,” he added. “It billion valuation is “reflective of our ambition.”

incumbents

TechCrunch

SEPTEMBER 17, 2022

For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There TC: Was it worth it for you to get a charter as a company? And if so, why? Today, we have 6.8

incumbents

Y Combinator

DECEMBER 8, 2021

In 2022 and beyond, Monzo’s revenues are likely to further accelerate as they benefit from cross border-travel, increased EU interchange rates, and new products. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. This did not happen by magic. expectations.

peer-to-peer

TechCrunch

AUGUST 8, 2023

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. Despite macroeconomic challenges, Endowus said it saw organic revenue growth of 80% in 2022 and tripled its group revenue after completing the acquisition of multi-family office Carret Private. million in follow-on funding.

real estate

Andreessen Horowitz

FEBRUARY 29, 2024

Pivoting from growth at all costs in 2020 and 2021 to efficiency in 2022 and 2023 meant slashing budgets, shelving new projects, doing RIFs, and picking fights with your cloud provider over your bills. A Great company has a strong, defensible business model that can win market share from incumbents.

incumbents

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

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

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

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

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

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

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

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

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

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

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

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

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.

incumbents

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

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

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

TechCrunch

APRIL 14, 2022

From March 2021 to March 2022, the company says it saw a 2,200% increase in wallet growth. That subscription service saw 50% quarter over quarter growth between Q1 2021 through Q1 2022, according to Welcome Tech. I think that’s a big moat around any of the incumbents,” he said. “In Image Credits: Welcome Tech.

education

TechCrunch

SEPTEMBER 20, 2022

But a new startup, DynamoFL , hopes to take on the incumbents with a federated learning platform that focuses on performance, ostensibly without sacrificing privacy. Tech giants, including Nvidia (via Clara ), offer federated learning as a service. ” Recently, DynamoFL closed a small seed round ($4.15

incumbents

TechCrunch

APRIL 13, 2023

” Image Credits: Bria Adato co-founded Bria when the pandemic hit in 2020, and the company’s other co-founder, Assa Eldar, joined in 2022. ” Those competitors include incumbents like OpenAI, Midjourney and Stability AI, as well as Jasper , whose generative art tool, Jasper Art, also targets enterprise customers.

startup

TechCrunch

FEBRUARY 3, 2022

Hello and welcome to Daily Crunch for Thursday, February 3, 2022! But first up is Natasha’s dive into Mos , which founder Amira Yahyaoui says is gunnin’ to become “the incumbent bank in the U.S.” To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here.

incumbents

AsiaTechDaily

MAY 25, 2022

Neso Brands is a Singapore-based global eyewear company founded in 2022 to enable the most promising direct-to-consumer (DTC) brands across the world to become brands of the future. Eyewear has to date been a very traditional industry with large incumbents, but is now ripe for a tech-enabled global transformation.

investment

TechCrunch

JANUARY 19, 2022

There are many ways of spinning up a startup, but it takes a particularly brave set of founders to take on a deeply entrenched industry with a small number of incumbents who have the market all sown up. Most likely, their products will be on the market by the end of 2022 or in early 2023. ”

startup

TechCrunch

MARCH 30, 2023

payments landscape is currently dominated by legacy and new-age incumbents, and we know competition would ultimately deliver better outcomes for consumers. How did Checkout.com perform in 2022? While we’ve grown a lot in APAC and EMEA, the U.S. Can you share revenue/growth metrics (YoY)?

innovation

TechCrunch

NOVEMBER 13, 2022

Kelman went on to say that the company’s June layoff was in response to Redfin’s expectation that it would sell fewer houses in 2022. From Tage Kene-Okafor: Kuda , the London-based and Nigerian-operating startup taking on incumbents in the country with a mobile-first and personalized set of banking services, is expanding to the U.K.

real estate

Y Combinator

DECEMBER 8, 2021

In 2022 and beyond, Monzo’s revenues are likely to further accelerate as they benefit from cross border-travel, increased EU interchange rates, and new products. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations.

peer-to-peer