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. Markets at TransUnion, is taking a seat on Spring Labs’ board. As part of the funding, Steve Chaouki, president of U.S. Blockchain and taking the politics out of tech.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

JANUARY 16, 2021

Any area that needs to compete both with incumbents and also a set of already successful “new age” companies that made the first step of meaningful disruption. Fintech (specifically embedded finance or financial SaaS), synthetic bio. What other types of products/services are you wary or concerned about?

startup 142

startup SaaS mix-use advice 142

TechCrunch

APRIL 30, 2021

Mix in the impending SPAC-led debut of eToro, general bullishness in the cryptocurrency space, record highs for some equities markets, and recent rounds from Public.com, M1 Finance and U.K.-based How should they think about competition, strategic investment versus top-tier VC firms and how to build their board? But will it?

startup 78

startup construction VC health 78

abovethecrowd.com

NOVEMBER 14, 2017

I think it started with eBay, but then we got into more vertical specific ones, like Zillow, Grubhub, OpenTable and Uber that I’m on the board of. So backing up on how healthcare is financed, let’s say you got a plan with basically no deductible, so you’ve got first dollar coverage. Why will that happen?

health 43

health VC hospitality disruption 43

Both Sides of the Table

MAY 17, 2017

I’ve been involved with several startups where a giant incumbent attacks you and tries to sue you out of existence. The deal fell through at the last minute and ADT chose not to continue financing the company, which was forced to shut down. The first instinct is fear, then dread, then panic.

funders 254

funders innovation disruption incumbents 254

TechCrunch

JANUARY 22, 2021

How to communicate with your board in tough times. The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. Incumbents in these industries are very large and entrenched, but they are legacy players, making them slow to adopt new technology. Contributor.

real estate 144

real estate incumbents health disruption 144

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. 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 102

peer-to-peer incumbents financing finance 102

TechCrunch

JANUARY 14, 2021

Worse, CFOs are expected to be more strategic than ever about finance, but can struggle to deliver important forecasts and projections given the lack of availability of key data. Mosaic is a “strategic finance platform” that is designed to ingest data from all sorts of systems in the alphabet soup of enterprise IT — ERPs, HRISs, CRMs, etc. —

financing 98

financing finance incumbents consulting 98

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. The typical customer is a young family.

incumbents 100

incumbents board accelerator financing 100

TechCrunch

SEPTEMBER 7, 2021

And this has investors, especially foreign ones, excited and looking to get on board. ” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents. Neobanking, based on mobile technology too, falls somewhere in the middle of the two).

investment 124

investment investing incumbents networking 124

TechCrunch

FEBRUARY 10, 2021

As it stands, 2006-founded Northmill is available in Sweden, Norway and Finland, where it competes with incumbent banks with physical branches and the likes of Lunar, Revolut and Klarna (which operates as a bank in its home country of Sweden, and Germany). Next stop, Norway.

incumbents 93

incumbents sustainability board accelerator 93

Andreessen Horowitz

OCTOBER 16, 2023

Meanwhile, FI senior leaders and board members are intrigued by new products like Microsoft 365 Copilot and how generative AI can automate their internal workflows (and improve their bottom lines). Taken as a whole, FIs are at an especially receptive time for greater software adoption.

frameworks 112

frameworks incumbents leadership advice 112

TechCrunch

FEBRUARY 21, 2022

The mix of positives such as a fast-growing population–the youngest globally–, solid smartphone penetration, increasing crypto adoption, and negatives like low GDP per capita across board and unemployment makes Africa the next ripe ground for web3. And a few companies, such as Jambo, are positioning themselves for this next boom.

education 96

education incumbents mix-use media 96

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. Kulkarni is joining Novo’s board with this round. “We are competing against big banks. They are the only ones we are concerned with because they own 99% of the market,” said Michel Rangel, CEO of Novo, in an interview earlier this month.

incumbents 99

incumbents financing finance capital 99

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

AUGUST 7, 2022

” Also in the report: “Exits have also stalled as IPO activity grinds to a halt, and analysts expect fintech startups will attract the attention of incumbents looking for M&A opportunities.” Apple alum’s finance operations startup Bluecopa raises funds to expand globally. from the previous quarter” to $24.1

real estate 106

real estate VC mix-use opportunity 106

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. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. This did not happen by magic.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

TechCrunch

APRIL 14, 2022

And, its board of directors is now over 71 percent ethnically diverse, it says. . I think that’s a big moat around any of the incumbents,” he said. “In Ultimately what we want to be is a consumer’s transactional platform of choice.”. The company remains focused on growth and is not yet profitable, according to Hemmat. “We

education 78

education communities incumbents capital 78

Entrepreneur's Handbook

APRIL 25, 2022

Now with big banks, corporations, and governments on board, Bitcoin and?—?by ETH killers, BTC killers and all kinds of other projects with lofty promises and ambitious roadmaps to build better blockchains than the incumbents. To me, decentralized finance or “DeFi” is the most fascinating part of the cryptocurrency space today.

real estate 82

real estate incumbents investment investing 82

Entrepreneur's Handbook

NOVEMBER 28, 2022

Two factors often come down to how Q&A will be shared and/or if we are the incumbent. Hot Tip: create a Miro board mapping all of the efforts and use this to keep your team in check. Planning: You have the resources to craft an effective project planning for RFP (and eventually scope it with account / finance). Chemistry?—?Finals.

pitching 59

pitching consulting creativity construction 59

abovethecrowd.com

DECEMBER 18, 2017

Can you do this online before your visit, or are you handed a clip-board full of forms where you enter information you have already provided on previous visits? Can you cancel or reschedule online? Information Collection — Does your doctor make it easy to provide information about your visit? Do they respond?

health 59

health hospitality networking mix-use 59

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?”. The company also said that president Tim Mayopoulos will step down from his role in the first quarter and remain as a board member. I did, too.

incumbents 117

incumbents energy investment investing 117

TechCrunch

APRIL 3, 2022

billion in an all-stock deal that was a reflection of its continued push into consumer finance. It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g. TechCrunch last reported on Fast in January of 2021, when the startup raised a $102 million Series B financing led by Stripe.

startup 110

startup financing finance incumbents 110

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 He’s taking a seat on the company’s board with the raise. As a former board observer for Coinbase, the investor can attest that crypto is “incredibly deep and complex.”.

data analysis 106

data analysis incumbents financing finance 106

abovethecrowd.com

JUNE 17, 2014

First, they believe that the current offerings from the financial incumbents are lacking. banks consumer checking offerings have become less favorable across the board. Regulation becomes the friend of the incumbent in highly regulated industries through a process known as regulatory capture. Checking Account Competition.

disruption 83

disruption financing finance incumbents 83

TechCrunch

JULY 7, 2021

When Daniel Simon sold Bread , a consumer purchase finance and payments startup he’d co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup.

founder 98

founder startup incumbents financing 98

TechCrunch

JANUARY 27, 2022

And today, Yu and Yang’s new company, San Francisco-based Vesta , is announcing it has raised $30 million in Series A financing led by Andreessen Horowitz (a16z) with participation from new investor Zigg Capital. ” “This is very contrary to the incumbents,” Yu told TechCrunch. “We

peer-to-peer 97

peer-to-peer incumbents financing finance 97

TechCrunch

JANUARY 27, 2022

to select African countries include unicorn Chipper Cash , Lemonade Finance, Zazuu and Sendwave. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share. This new financing round includes lead investor Amplo , Accel and Bessemer Partners, including local investors like DFS Lab.

peer-to-peer 98

peer-to-peer incumbents financing finance 98

TechCrunch

JANUARY 26, 2022

The latest financing brings the San Francisco-based startup’s total funding raised to $50 million. Impressed with Polly’s traction even at that point, the firm still participated in that financing with a smaller check and stayed close to the company. “

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

JUNE 23, 2021

Lower , an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. The financing also marks the previously bootstrapped Lower’s first external round of funding in its seven-year history. “We This round is notable for a number of reasons.

financing 94

financing finance incumbents investment 94

TechCrunch

JANUARY 13, 2022

Globally, hundreds have sprung forth the past few years to challenge incumbents in their respective markets. As part of this financing round, Vladimir Mnogoletniy, co-founder of Genesis, the parent company of African online classifieds platform Jiji, will join Fintech Farm’s board.

incumbents 104

incumbents financing finance investment 104

TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. Ascend is offering point-of-sale financing to enable insurance brokers to break up those commercial payments into monthly installments. Ascend on Wednesday announced a $5.5 Brokers are here to stay,” he added.

financing 83

financing finance incumbents disruption 83

Y Combinator

AUGUST 30, 2021

In the long run, software platforms have the potential to be much larger than traditional incumbents. Upon digging deeper, the founders realized that incumbent providers were overly complex, and more manual than necessary. Incumbents relied primarily on sales teams, which Gusto suspected actually limited their reach among SMBs.

incumbents 94

incumbents peer-to-peer health opportunity 94

TechCrunch

MARCH 27, 2022

Startups like these are keeping the incumbents (relatively speaking) on their toes. And that’s been happening pretty clearly… Now, with that said, I think that there’s still a lot of appetite [for fintech] across the board. Robinhood expands into consumer finance while Apple steps up its fintech game.

ventures 96

ventures technology startup real estate 96

Tomasz Tunguz

MAY 29, 2014

Marketing teams can sift through the data to understand market segmentation and funnel efficiency, and product management can parse the data to improve the on-boarding experience. An ancillary benefit, freemium companies can draft behind the sales and marketing efforts of the incumbent behemoths.

incumbents 40

incumbents education frameworks enablement 40

TechCrunch

JANUARY 7, 2021

It will be interesting to see how newer entrants in the SaaS banking-platform space disrupt what are, effectively, becoming incumbents in their own right: Mambu is now approaching 10 years old (it was founded in 2011). That could lead to consolidation, too. Thought Machine nabs $83M for a cloud-based platform that powers banking services.

SaaS 126

SaaS incumbents opportunity disruption 126

TechCrunch

APRIL 27, 2022

The funding is being led by Teachers’ Venture Growth, the rebranded venture fund the Ontario Teachers’ Pension Plan Board (a prolific investor for years in tech), with previous backers Index Ventures, Valar Ventures, Creandum and Redalpine also participating. Turbotax, Intuit’s big product in the U.S.

incumbents 91

incumbents financing finance board 91