AsiaTechDaily

JANUARY 19, 2023

Register Komunal has announced that it secured new investments amounting to $8.5 million to fund its mission to accelerate financial inclusion and strengthen the neo-rural bank ecosystem in Indonesia, especially outside the Greater Jakarta area. Fintech help SMEs manage their finances and capital with convenience and efficiency.

peer-to-peer 54

peer-to-peer incumbents accelerator economic growth 54

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

FEBRUARY 10, 2021

That fall, the startup (short for Tomorrow’s Credit) was accepted into the Barclays Accelerator, powered by Techstars. Today, Tomo announced a $7 million seed funding round that included participation from a slew of investors including KB Investment Inc. Credit limits average around $3,000, but can scale to a maximum of $10,000.

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incumbents financing finance accelerator 101

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.

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incumbents financing finance ventures 107

TechCrunch

FEBRUARY 2, 2021

Abstract Ventures led the financing, which also included participation from Propel Venture Partners, NFP Ventures, BoxGroup and Precursor Ventures. and 11 “top-tier” insurance companies, also invested in TrustLayer. The funding actually marked BTV’s first investment in a cohort member of its inaugural accelerator program. .

data analysis 89

data analysis incumbents hospitality construction 89

TechCrunch

AUGUST 4, 2022

The financing marks the company’s first ever institutional funding. In a nutshell, Geopagos feels it is in the ideal position of being able to serve as the software enabler that can retrofit incumbents like large banks and launch the enablers like fintechs. Endeavor Catalyst also participated in the financing.

startup 84

startup incumbents financing finance 84

TechCrunch

MARCH 21, 2022

We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing. As part of the investment, Priya Saiprasad, partner at SoftBank Investment Advisers, is joining CommerceIQ’s board of directors. “E-commerce

capital 89

capital startup enablement incumbents 89

TechCrunch

MARCH 2, 2021

Crisp , an Amsterdam-based, online-only supermarket focused on fresh produce, has raised €30 million in a Series B financing led by leading Target Global and joined by Keen Venture Partners and the co-founders of Adyen and Takeaway.com. Crisp has now raised a total of €42.5 million to date.

incumbents 100

incumbents board accelerator financing 100

TechCrunch

FEBRUARY 10, 2021

Leading the round is M2 Asset Management, the Swedish investment company controlled by Rutger Arnhult, and asset management firm Coeli. The injection of cash will be used for continued geographical expansion and to accelerate the development of new products. Next stop, Norway. I see great growth potential in the bank.”. Anyfin bags €4.8M

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incumbents sustainability board accelerator 93

TechCrunch

AUGUST 24, 2021

It is using the data it is generating “to provide way better credit” for its customers, Senra said, starting with credit cards, then receivables and other kinds of credit such as emergency credit or credit for investments. “We’re trying to deeply understand our customers’ needs and trying to create products they love,” Senra told TechCrunch. “We

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incumbents capital financing finance 96

TechCrunch

FEBRUARY 1, 2022

The former commercial chief (Product, Sales and Marketing) at PayPal, he now leads fintech investing at Matrix Partners, where he also invests in consumer marketplaces and enterprise software. Fintech tailwinds, strengthened by the COVID-19 pandemic in 2020, only accelerated in 2021. Share on Twitter.

incumbents 107

incumbents VC accelerator investing 107

TechCrunch

FEBRUARY 2, 2022

NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception. So, just how does it work?

enablement 97

enablement startup incumbents transportation 97

TechCrunch

NOVEMBER 2, 2022

There’s been an explosion of enterprise data in recent years, accelerated by pandemic-spurred digital transformations. Alation counts more than 25% of the Fortune 100 as clients, touching verticals such as finance, healthcare, pharma, manufacturing, retail, insurance and tech. The all-equity tranche values Alation at over $1.7

incumbents 86

incumbents collaboration enablement leadership 86

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

MAY 8, 2022

It also resurfaced talk of when Stripe reportedly pressured investor Sequoia to back off from an investment that smelled like competition. 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.

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real estate financing finance venture capital 87

TechCrunch

MAY 11, 2021

Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. 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.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

APRIL 28, 2021

May commented: “We are proud to have established Finoa as Europe’s leading gateway for institutional participation and incredibly excited to accelerate our growth even further. ” “Being in the European Union requires a fundamentally different organizational setup, and poses a very high entry to new incumbents and other players overseas.

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capital incumbents innovation accelerator 79

Haystack

DECEMBER 26, 2018

There are many reasons for that, such as private equity and crossover investors investing earlier, or the fact that LPs in VC funds are affected by public market swings and could, theoretically, hit some VC firms to feel the pinch. could become even more attractive regions for investment. I am expecting a downturn at some point.

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opportunity incumbents VC culture 76

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. The company has seen truly accelerated growth in the last year, and specifically the last six months, both in terms of customer numbers and in terms of how much its app is getting used. “We are competing against big banks.

incumbents 99

incumbents financing finance health 99

TechCrunch

AUGUST 7, 2022

Most of those are product buys to drive or accelerate revenue growth with the secondary benefit of getting new talent, Ruark said. Retail investment behemoth Robinhood laid off 23% of its staff — just 3 months after letting go of 9% of its workforce. Specifically, it said, in Q2 2022, “ VC investment in fintech companies fell 17.8%

real estate 106

real estate VC mix-use opportunity 106

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. In other Goldman Sachs news, Bloomberg reported that the investment banking and financial services giant is “ embarking on its biggest round of jobs cuts since the start of the pandemic.”

real estate 82

real estate incumbents opportunity founder 82

TechCrunch

MARCH 29, 2022

beU delivery is YC’s first set of investments in Africa’s food delivery space alongside Heyfood, another startup in this batch. Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. YC-backed Duplo raises $1.3M

startup 91

startup hospitality health financing 91

Tomasz Tunguz

APRIL 1, 2013

What kinds of moves are the incumbents making and how they change the market? Financing plan : What are the major buckets of expenditures? At this point, I’m really interested and I’m trying to understand the investment risks better. Then, I try to dig deeper into the nuances of the market. How concentrated is the market?

VC 41

VC startup pitching incumbents 41

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 104

peer-to-peer incumbents financing finance 104

TechCrunch

SEPTEMBER 8, 2022

According to the accelerator, the decision to downsize the S22 batch — significantly smaller than its most recent batches — was a result of the economic downturn and changes to the venture funding environment this year. When it comes to ‘bets,’ a reminder that we don’t invest due to the sector/category/idea; solely the founder.

startup 81

startup incumbents accelerator financing 81

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. It also plans to invest in sales and go-to-market strategy.

incumbents 96

incumbents financing finance technology 96

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

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.

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incumbents accelerator venture capital financing 127

TechCrunch

JANUARY 16, 2021

Here are the investors in their own words, for any TechCrunch reader who is interested in hiring, investing or founding a company in the country. What trends are you most excited about investing in, generally? What’s your latest, most exciting investment? Oh, and one more thing. We just launched Extra Crunch in Israel.

startup 141

startup mix-use SaaS advice 141

abovethecrowd.com

DECEMBER 18, 2017

CVS Care Clinic Price Schedule: Benchmark Healthcare Investments. 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. The timing can be tricky, however. We are willing to bet on it.

health 59

health hospitality networking mix-use 59

TechCrunch

JULY 26, 2021

The funding brings the total investment to date for Portland, Oregon-based Sila to $20 million. Places like India, Africa and Latin America could accelerate at the same time because they are mainly starting from zero. As part of the investment, Clara Sieg, partner at Revolution Ventures, is joining the company’s board.

development 103

development real estate incumbents ventures 103

TechCrunch

FEBRUARY 19, 2021

Following up on our May of 2020 survey of the sector and about the impact of COVID-19 in particular , TechCrunch spoke with 10 investors about the state of mobility, which trends they’re most excited about and what they’re looking for in their next investments. This may not accelerate “innovation,” but it will accelerate progress.

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transportation innovation accelerator construction 119

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 Loverro went on to say that a common refrain that he hears with regards to anything crypto is “Why can’t [incumbent] just add that as a feature?” .

data analysis 106

data analysis incumbents financing finance 106

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

APRIL 30, 2021

A separate measure, of total value of paid-in investment, revealed 1.67x returns for other hubs versus 1.60x in the main Silicon Valley and Bay Area tech cities. How should they think about competition, strategic investment versus top-tier VC firms and how to build their board? per year on syndicated deals elsewhere versus 17.5%

startup 78

startup construction VC health 78

abovethecrowd.com

NOVEMBER 14, 2017

In November of 2015, I posted a tweet that declared Benchmark was interested in discovering Internet healthcare investments. Over the next two years, I looked at many healthcare IT investment opportunities – I went “all in.” We also discovered what we believe is a large and investible trend/theme.

health 43

health VC hospitality disruption 43