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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support financing finance funders 100

AsiaTechDaily

JANUARY 19, 2023

million to fund its mission to accelerate financial inclusion and strengthen the neo-rural bank ecosystem in Indonesia, especially outside the Greater Jakarta area. It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners.

peer-to-peer 53

peer-to-peer incumbents accelerator economic growth 53

TechCrunch

OCTOBER 21, 2021

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. The company also plans to use its new capital to accelerate its product road map and toward business development efforts.

financing 96

financing finance incumbents venture capital 96

TechCrunch

MAY 12, 2021

The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes. The COVID-19 pandemic has accelerated the adoption of digital payments all over the world, and Latin America is no exception.

incumbents 107

incumbents financing finance ventures 107

TechCrunch

AUGUST 24, 2021

Cora , a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. million Series A round — led by Silicon Valley VC firm Ribbit Capital — in early April. Ribbit Capital leads $26.7M The startup has now raised a total of $152.7

incumbents 96

incumbents capital financing finance 96

TechCrunch

AUGUST 30, 2021

Ola Electric is in advanced talks to raise between $250 million to $500 million in a new financing round as the Indian firm looks to scale its electric vehicle manufacturing business in the South Asian market, according to two sources familiar with the matter. billion to $3.5 ” The story was updated with additional details.

peer-to-peer 99

peer-to-peer incumbents accelerator financing 99

TechCrunch

AUGUST 4, 2022

Geopagos , a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. The financing marks the company’s first ever institutional funding. The pandemic accelerated the use of digital payment solutions globally, but especially in Latin America, noted Núñez Castro.

startup 84

startup incumbents financing finance 84

TechCrunch

FEBRUARY 10, 2021

That fall, the startup (short for Tomorrow’s Credit) was accepted into the Barclays Accelerator, powered by Techstars. 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

FEBRUARY 2, 2021

Abstract Ventures led the financing, which also included participation from Propel Venture Partners, NFP Ventures, BoxGroup and Precursor Ventures. The funding actually marked BTV’s first investment in a cohort member of its inaugural accelerator program. . million in a seed round.

data analysis 89

data analysis incumbents hospitality construction 89

TechCrunch

FEBRUARY 2, 2022

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. It also plans to soon offer embedded finance products. So, just how does it work?

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enablement startup incumbents transportation 97

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

NOVEMBER 2, 2022

There’s been an explosion of enterprise data in recent years, accelerated by pandemic-spurred digital transformations. “With the capital, we will continue to focus on engagement and adoption, collaboration, governance, lineage, and on APIs and SDKs to enable us to be open and extensible,” Sangani said via email.

incumbents 86

incumbents collaboration enablement leadership 86

TechCrunch

OCTOBER 12, 2021

New investors include angels like Gokul Rajaram and Emilie Choi, founders and employees from Wealthsimple, Orum, Alloy, Chime, Square and funds/syndicates in addition to Primer Capital, Gaingels and Moving Capital. With the latest Series A financing, Nelo has raised a total of $25.6 million since its 2019 inception.

incumbents 92

incumbents financing finance capital 92

TechCrunch

MAY 8, 2022

Led by Lindsay Holden, the startup had raised more than $20 million in funding and had built a gamified finance mobile app that aims to help people “save, learn and engage” with their finances. In other words, incumbents in some cases need fintechs even as they compete with them. million in a round led by Firebrand Ventures.

real estate 87

real estate financing finance venture capital 87

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. ” The round is being led by Stripes, with Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup — all of whom backed Novo in its $40 million Series A , just six months ago — also participating. .

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incumbents financing finance health 99

Haystack

DECEMBER 26, 2018

USV’s Albert Wenger has been writing his book, World After Capital , which lays out the argument that money is no longer the scarce asset driving the economy, but rather, it’s attention. Getting capital in the earliest stages continues to get easier. I am expecting a downturn at some point.

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opportunity incumbents VC culture 76

TechCrunch

FEBRUARY 1, 2022

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.

incumbents 107

incumbents VC accelerator investing 107

TechCrunch

JANUARY 19, 2023

Since its founding, it’s attracted interest from investors including Valar Ventures, Tiger Global, Amplo, Pareto Holdings, Quiet Capital and Shutterstock co-founder and CEO Jon Oringer. based electronic money and finance data transfers — increased 8.7% .” Link claims to be one of the first companies in the U.S.

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incumbents enablement accelerator financing 100

TechCrunch

MAY 11, 2021

It’s raising a $30 million Series B, led by TransUnion — one of the largest incumbents in an industry that Spring Labs is looking to shake up. We knew a relationship with TransUnion in particular had the capacity to significantly accelerate our business,” he said.

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collaboration incumbents networking disruption 95

TechCrunch

JUNE 17, 2021

Existing backers Better Tomorrow Ventures, Aleph, Flourish Ventures and TLV Partners also participated in the latest financing. . The company plans to use its new capital to grow its headcount of 26 and fast-track its Unit Go offering. Unit raises $18.6M to offer banking features as a service.

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incumbents financing finance accelerator 89

TechCrunch

AUGUST 7, 2022

In announcing the deal, they said: “DeFi-enabled B2B payment networks that are on chain can unlock transformative working capital efficiencies, and make financial services more fair and open, especially in developing markets like LATAM.”. Savana raises a fresh round of capital to digitize banks’ services. and Mexico.

real estate 106

real estate VC mix-use opportunity 106

TechCrunch

MARCH 29, 2022

Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. YC-backed Duplo raises $1.3M

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startup hospitality health financing 91

TechCrunch

SEPTEMBER 18, 2022

This is particularly interesting because many of the existing corporate card players often point to Concur as an incumbent that they are trying to replace. FIS has launched Worldpay for Platforms, an embedded finance solution aimed at SMBs. These companies, of course, join a plethora of others in the U.S.

real estate 82

real estate incumbents opportunity founder 82

TechCrunch

NOVEMBER 2, 2020

However, Allianz noted in a recent report that the market has “cooled” this year as a result of COVID-19 economic unease, but that is also accelerating trends for new technologies and new approaches. Previous backers were Passion Capital and Investec. The logic was that U.K. insurers typically assess a driver’s U.K.

incumbents 66

incumbents health accelerator founder 66

Y Combinator

DECEMBER 8, 2021

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. 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.

peer-to-peer 101

peer-to-peer incumbents financing finance 101

TechCrunch

APRIL 6, 2021

D1 Capital Partners led the financing, with participation from Tiger Global and Investment Group of Santa Barbara (IGSB), the company said. “The pandemic accelerated OneStream’s business given that it was a wake-up call for many companies that had not digitally transformed their key finance processes,” said Koefoed.

financing 69

financing finance incumbents enablement 69

TechCrunch

OCTOBER 19, 2021

But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competitively. São Paulo-based Pismo is one of those infrastructure providers. Image Credits: Pismo.

incumbents 96

incumbents financing finance technology 96

TechCrunch

SEPTEMBER 20, 2022

Intel recently partnered with Penn Medicine to develop a brain tumor–classifying system using federated learning, while a group of major pharma companies, including Novartis and Merck, built a federated learning platform to accelerate drug discovery. Tech giants, including Nvidia (via Clara ), offer federated learning as a service.

incumbents 74

incumbents frameworks health financing 74

Y Combinator

DECEMBER 8, 2021

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. 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.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

Haystack

NOVEMBER 25, 2018

venture capital deals, a spike in mega-financings where it’s common to see not only $100M private rounds, but companies that raise two or three types of financings like this in the same calendar year! Revenue acceleration is, too. 5/ The Enduring Allure Of Platform Potential: Revenue is important.

incumbents 127

incumbents accelerator venture capital financing 127

TechCrunch

JANUARY 16, 2021

The investors: Boaz Dinte , managing general partner, Qumra Capital. Adi Levanon Chazan , partner, Flint Capital. Noam Kaiser , partner, Intel Capital. Boaz Dinte, Qumra Capital. Fintech (specifically embedded finance or financial SaaS), synthetic bio. Rafi Carmeli , partner, Viola Growth.

startup 141

startup mix-use SaaS advice 141

abovethecrowd.com

DECEMBER 18, 2017

healthcare system does not operate as a free marketplace with the type of open-competition that we often associate with capitalism. Our venture capital firm, Benchmark, has made four investments consistent with the “customer-first” theme. This will add fuel to the fire and accelerate the transformation. healthcare market.

health 59

health hospitality networking mix-use 59

Y Combinator

DECEMBER 15, 2022

Recent legislation will also significantly accelerate the existing market trends. Other considerations include market size, incumbent strength, founder fit with an enterprise-like sales cycle, and ability to create significantly better-electrified products faster than the incumbents can modify their existing lines and supply chains.

energy 95

energy startup construction transportation 95

TechCrunch

JULY 26, 2021

Revolution Ventures led the round and was joined by existing investors Madrona Venture Group, Oregon Venture Fund and Mucker Capital, as well as Wise co-founder Taavet Hinrikus. Places like India, Africa and Latin America could accelerate at the same time because they are mainly starting from zero.

development 103

development real estate incumbents ventures 103

TechCrunch

JUNE 5, 2022

But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. In other words, it wants to help fintechs be in a stronger position to compete with incumbents, something it believes will benefit consumers. And elsewhere.

incumbents 96

incumbents financing finance pitching 96

TechCrunch

AUGUST 12, 2021

The latest financing officially makes the Salt Lake City, Utah-based provider of crypto tax and accounting software a unicor n, with a valuation of $1.33 IVP and Insight Partners co-led the Series B, which also included participation from Tiger Global, Paradigm, 9Yards Capital, Sapphire Ventures, Madrona Venture Group and Anthony Pompliano.

data analysis 106

data analysis incumbents financing finance 106

TechCrunch

FEBRUARY 19, 2021

Rachel Holt , co-founder and general partner, Construct Capital. However, for capital intensive transportation companies, the rounds have gotten so huge and expensive that they often make little sense for early-stage funders to participate in (they get diluted down hugely). It’s often quite capital intensive, though.

transportation 119

transportation innovation accelerator construction 119