TechCrunch

SEPTEMBER 30, 2022

Yet, the sector is very much alive, and the “correction” of these companies’ valuations presents an opportunity for those who have cash left on their balance sheets, investors told TechCrunch. This may actually be a great moment for insurtechs to nurture their relationship with incumbents to work on synergies and potential trade sales.”

peer-to-peer 76

peer-to-peer incumbents pitching ventures 76

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. The company provides job opportunities to more than 60,000 agents and additional revenue streams to over 65 businesses, contributing positively to the economy.

incumbents 96

incumbents economic growth sustainability enablement 96

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

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%. to “scale given the market opportunity.” billion in 2023, up from $490.3

investing 92

investing investment peer-to-peer startup 92

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. to expect.

peer-to-peer 101

peer-to-peer incumbents financing finance 101

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

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 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?

incumbents 123

incumbents sustainability health capital 123

TechCrunch

MAY 25, 2022

EdgeQ , Kneron , and Hailo are among the dozens of upstarts vying for customers, the last of which nabbed $136 million in October as it doubles down on new opportunities. billion market by 2022, according to Markets and Markets. ”) But the startup stands to profit handsomely if it can capture even a sliver of the sector.

startup 95

startup accelerator incumbents disruption 95

TechCrunch

APRIL 23, 2023

They also worked a lot on helping fintechs build partnerships with incumbent financial institutions — experience they plan to use to offer portfolio companies bespoke “Strategy Sheets” alongside term sheets. It made my week to have the opportunity to cover this news, not going to lie. billion was Stripe’s raise.

startup 71

startup incumbents real estate ventures 71

TechCrunch

MAY 29, 2022

by 2022, compared to China’s 6% and South Korea’s 34% in 2020. That means there’s a huge opportunity for companies like Astro that are trying to prove the convenience of online grocery ordering over brick-and-mortar visits. But e-grocery penetration in the country remains low and is estimated to be just 0.5%

incumbents 101

incumbents financing finance capital 101

TechCrunch

FEBRUARY 7, 2023

Then there’s incumbents like Automation Anywhere and UiPath, which occupy the enormous robotic process automation market. ” While Ushur doesn’t have any government contracts at the moment, it sees this as a growth opportunity, according to Sadasiva. After all, Jiffy.ai The software sells itself, Sadasiva says.

incumbents 92

incumbents support SaaS pitching 92

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. We think we can take a lot of that, embed into software and give people access to that year-round,” Nachbar said. .

incumbents 76

incumbents advice education financing 76

TechCrunch

NOVEMBER 11, 2021

On the other side is a proprietary data tool called The Machine that gathers over 15 million data points from places like Shopify, direct customer feedback, Amazon, retail point of sale and search engine trends, to unearth category opportunities for the company to pursue. Fugman expects to launch new brands in the first half of 2022.

capital 86

capital incumbents venture capital enablement 86

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. The market for venture capital is active and favorable, and we seized on that opportunity to accelerate funding,” he added.

peer-to-peer 97

peer-to-peer capital innovation incumbents 97

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

DECEMBER 14, 2022

Recognizing an opportunity for further growth, Vladimirskiy and Nerdio’s co-founder, former Microsoft exec Joseph Landes, decided to spin-off Nerdio as a separate company and sell Adar to a private equity firm in January 2020.

incumbents 90

incumbents disruption board enablement 90

TechCrunch

DECEMBER 2, 2021

The B2B payment market in Mexico is a massive opportunity, the company believes, especially considering how few payments are made by cards. Presently, Mendel has 70 employees and it expects to end 2022 with 200. Image Credits: Mendel. The mission and vision for Mendel resonated with us immediately,” he told TechCrunch.

incumbents 90

incumbents financing finance frameworks 90

TechCrunch

MARCH 21, 2022

In addition to the opportunity to work with Saiprasad, Hariharan said the driver for going after new funding — especially when its seed fund is still firmly in the bank — was seeing the $4.5 Incumbents are over 20 years old and built on aging infrastructure created before the smartphone and social media,” he added.

capital 89

capital startup enablement incumbents 89

TechCrunch

JANUARY 31, 2023

Global venture funding in 2022 declined 35% year over year from 2021, according to Crunchbase data, while Q4 2022 saw the lowest amount invested since Q1 2020. The company’s strong financial performance and market opportunity supports our expectation for a long-term, successful relationship.”

incumbents 67

incumbents leadership pitching investing 67

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 74

incumbents frameworks health financing 74

TechCrunch

MARCH 30, 2023

TechCrunch reached out to Dufétel to find out more about her plans as Checkout.com’s new president, including what’s in store for the company this year, her thoughts on the future of payments generally and why she sees so much opportunity in the U.S. How did Checkout.com perform in 2022? Congrats on your new role!

innovation 86

innovation incumbents frameworks support 86

TechCrunch

APRIL 14, 2022

s SB Opportunity Fund. Joining TTV in doubling down on their investment in the company were Owl Ventures, SoftBank’s Opportunity Fund, Mubadala Capital and Next Play Capital. “We From March 2021 to March 2022, the company says it saw a 2,200% increase in wallet growth. Image Credits: Welcome Tech.

education 78

education communities incumbents health 78

TechCrunch

DECEMBER 7, 2021

the new trading feature could represent a big opportunity for the future of the French startup. Lydia plans to hire 800 people over the coming three years, including 160 people in 2022 alone. He doesn’t think it’s a duel between neobanks and incumbents. And given the success of trading in Robinhood and Cash App in the U.S.,

peer-to-peer 83

peer-to-peer incumbents VC financing 83

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

TechCrunch

OCTOBER 13, 2022

This brings its total raised to $43 million, including the oversubscribed first tranche of its Series B, which was led by Tiger Global and closed in January 2022. It works with regulators and incumbent banks, and was recently awarded a Bank of Indonesia (BI) Payment Service Provider Category 1 license.

enablement 90

enablement financing finance startup 90

AsiaTechDaily

JULY 24, 2022

This effectively creates a unique opportunity for local players to build a modern, scalable employee management platform based out of Southeast Asia,” according to Omni HR Co-Founder Brian Ip. The company is now coming out of its stealth mode and is ready to expand across the region, starting with Singapore and Indonesia.

incumbents 52

incumbents enablement support ventures 52

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 40

peer-to-peer incumbents financing finance 40

TechCrunch

JANUARY 27, 2022

trillion in loan originations in 2022. ” “This is very contrary to the incumbents,” Yu told TechCrunch. “We Christian Lawless, managing partner at Conversion Capital, called the challenge that Vesta is tackling a “massive, non-obvious” opportunity in a “highly fragmented” industry. .

peer-to-peer 97

peer-to-peer incumbents financing finance 97

TechCrunch

JANUARY 13, 2022

Globally, hundreds have sprung forth the past few years to challenge incumbents in their respective markets. Our next market is going to be Nigeria, we have visited Nigeria a couple of times already and it is one of our favourite countries,” said Dubilet, adding that the launch will likely take place in the first quarter of 2022.

incumbents 104

incumbents financing finance investing 104

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. “We’re big believers of Bitcoin, so we’re just going to continue to buy whenever there’s an opportunity to.”

transportation 88

transportation venture capital incumbents hospitality 88

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. A lot of startups are getting into patterns of raising large funding rounds in rapid succession to ride their respective waves of growth, and to capitalize on the huge opportunity right now to tap deep-pocketed investors looking for smart places to put their LPs’ money.

incumbents 99

incumbents financing finance health 99

TechCrunch

JANUARY 15, 2023

” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”. It looks like incumbent banks and institutions are still struggling when it comes to offering tech-enabled financial services.

incumbents 117

incumbents energy board investing 117

TechCrunch

AUGUST 7, 2022

The company has raised over $86 million over its lifetime and counts NewView Capital and SoftBank’s SB Opportunity Fund among its backers. Meanwhile, Yaydoo has raised over $20 million from investors such as Base10 Partners, monashees, SB Opportunity Fund and Leap Global Partners. from the previous quarter” to $24.1

real estate 106

real estate VC mix-use opportunity 106

TechCrunch

MARCH 27, 2022

Meanwhile, Jeeves says it has seen its revenue grow by 900% since its September raise and even more impressively, that in the first two months of 2022, it brought in more revenue than all of 2021. Startups like these are keeping the incumbents (relatively speaking) on their toes. billion in annualized gross transaction volume (GTV).

ventures 96

ventures technology startup real estate 96

Y Combinator

DECEMBER 15, 2022

The financial opportunity of doing so is massive: an estimated $3-10 trillion in EBITDA will be up for grabs. Electrifying these vehicles is a big carbon opportunity: while buses and trucks only represent 10% of the vehicles on the road, they generate 30 percent of the sector’s global greenhouse gas emissions.

energy 95

energy startup transportation construction 95

TechCrunch

APRIL 26, 2022

Replicant provides agents with call summaries and measures trends like overall customer satisfaction, average handle time, competitor mentions, defective products and upsell opportunities. The San Francisco, California-based company plans to expand its workforce to about 200 people by the end of 2022.

incumbents 94

incumbents development culture support 94