AsiaTechDaily

JANUARY 19, 2023

Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. Fintech help SMEs manage their finances and capital with convenience and efficiency. Komunal has channeled $230 million (equivalent to IDR 3.6

peer-to-peer

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.

finance

TechCrunch

NOVEMBER 2, 2022

“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. Alation also makes recommendations based on how information is being used and orchestrated. .” billion and growing toward $11.6

incumbents

TechCrunch

DECEMBER 6, 2022

But that hasn’t stopped new ventures from cropping up to challenge the incumbents. Bringing Expeto’s total raised to over $25 million (inclusive of $5 million in debt financing), the proceeds will be put toward product R&D as well as customer and partner acquisition, according to CEO Michael Anderson.

networking

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

TechCrunch

MAY 11, 2022

That player, Crowdz , recently secured $10 million in financing co-led by Citi and Dutch growth equity firm Global Cleantech Capital, with participation from Bold Capital Partners, TFX Ventures and Augment Ventures. Put simply, Crowdz started out by giving small and medium-sized businesses a way to sell invoices for financing to funders.

finance

TechCrunch

MARCH 16, 2021

Portfolios are built and managed by Ikigai in collaboration with asset manager BlackRock, and take into account both risk appetite and the nature of what users want to achieve. On banking competitors, Ikigai’s founders argue that existing incumbents and challengers both have “significant” failings.

incumbents

TechCrunch

JUNE 6, 2022

” Ivella isn’t just competing with the theory of joint accounts pushed by incumbent banks, but also venture-backed startups seeking a multiplayer fintech world. million seed round last year , wants to make joint accounts more collaborative and transparent. Zeta, which raised a $1.5

peer-to-peer

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

TechCrunch

OCTOBER 1, 2021

million seed financing in the summer of 2020. Their goal was to create a strategic finance platform for the enterprise that had the look and feel of a consumer offering. So Singh ended up assembling a 10-person “shadow finance and ops team” to get “the right information at the right time.”. Talk about validation.

finance

TechCrunch

JUNE 30, 2021

Ribbit Capital led the financing, which also included participation from DST Global, NFX and Zigg Capital. And it’s because the incumbents have no reason to fundamentally change.”. We were initially competitors and then deep collaborators after the Trulia/Zillow merger,” Flint said. No doubt it has plenty of competition.

real estate

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. And our main product is transport management software for shippers enables multi-enterprise collaboration.

incumbents

Tomasz Tunguz

JUNE 21, 2022

Lee headed finance for the company from $15m in ARR to more than $1b. During those processes, the team should collaborate on different scenarios and identify the signals to slow, maintain, or accelerate spending. Lee shared the story of his first promotion. His first task: a layoff. That’s important today.

startup

TechCrunch

SEPTEMBER 20, 2022

The technique trains a system across multiple devices or servers holding data without ever exchanging it, enabling collaborators to build a common system without sharing data. But a new startup, DynamoFL , hopes to take on the incumbents with a federated learning platform that focuses on performance, ostensibly without sacrificing privacy.

incumbents

Tomasz Tunguz

MAY 18, 2017

Finance teams are increasingly using more software, everything from purchase order management to sales forecasting to financial planning and analysis to accounts payable optimization. The incumbents acquire successful point solutions and combine them with an existing platform, to capture more revenue and reinforce their competitive advantage.

SaaS

TechCrunch

AUGUST 17, 2021

“It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry,” Ryan Lawler writes. “But lately, fintech upstarts are the ones doing the acquiring.” And it’s all done on one platform.

incumbents

Tomasz Tunguz

DECEMBER 4, 2016

Second, these dollars finance hundreds if not thousands of engineers are working on developing new products at a torrid rate. AWS listed business productivity category on their product page which includes collaboration tool to compete with Box and a hosted email product to compete with Gmail and Outlook. I could go on.

startup

TechCrunch

AUGUST 29, 2022

PostEx provides services like upfront payments in a country where more than 90% of e-commerce payments are still completed in cash, and revenue-based financing for e-commerce sellers and SMEs. This acquisition makes PostEx the largest e-commerce service provider in the market, showing the potential of startups for challenging incumbents.

incumbents

Tomasz Tunguz

AUGUST 27, 2015

While sales and marketing top the list, finance, engineering and HR also buy software this way. As the report indicates, IT purchasing occurs across four categories spanning departments: process automation, collaboration, analytics and customer interface, with B2C2B companies most typically addressing the last three.

SaaS