TechCrunch

APRIL 20, 2021

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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incumbents consulting SaaS disruption 106

TechCrunch

FEBRUARY 28, 2023

Founded out of Spain in 2019, StudentFinance partners with educational institutions such as Ironhack and Le Wagon to help finance those looking to upskill into disciplines like software development, cybersecurity, and artificial intelligence, serving as an alternative to traditional bank or student loans. where it soft-launched last year.

education 90

education mix-use financing finance 90

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.

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incumbents financing finance strategy 102

TechCrunch

SEPTEMBER 26, 2022

First in line at this point in time — in a decision which is due in December — is banking giant Barclays. But the prospect of a profitable, global bank taking over the contract has been branded “insane” and “mad” by some key U.K. In a statement he told me: “We’ve supported over 4,000 tech companies from around the U.K.

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startup incumbents accelerator support 65

TechCrunch

JANUARY 31, 2023

After over ten years in operation, Tech Nation , the UK’s government-sanctioned ecosystem builder for UK tech startups and growth tech companies is to cease operations after losing its grant funding to a programme run by Barclays Bank Eagle Labs. Indeed, state bank Bpifrance is pumping another €500m into deeptech startups.

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funders support innovation startup ecosystem 85

TechCrunch

FEBRUARY 4, 2021

That platform, called Flink , attracted the attention of Silicon Valley-based venture capital firm Accel, which just led a $12 million Series A for the company. It averages 6,000 new customers a day, mostly due to word of mouth, the company said. In Mexico in particular, there are far fewer banks than the thousands the U.S.

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investing investment education incumbents 91

TechCrunch

SEPTEMBER 2, 2021

Today, the company, which is building an “all-in-one expense management platform” for global startups, is announcing that it has raised a $57 million Series B at a $500 million valuation. Last summer, Jeeves was participating in Y Combinator’s summer batch as a fledgling fintech. and The Chainsmokers’ Mantis Venture Capital.

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startup financing finance venture capital 133

TechCrunch

FEBRUARY 13, 2021

Aditi Shekar, the co-founder, gave me some notes about why the ongoing popularity of Venmo is validation for the company, instead of competition. What should banking look like for modern couples? The companies both believe that the leaders of these two growth engines were best suited to lead the company into the future.

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TechCrunch

JANUARY 20, 2021

Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo board.

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TechCrunch

JUNE 23, 2021

Silicon Valley-based Accel has a history of backing profitable, bootstrapped companies, having also led large Series A rounds for the likes of 1Password, Atlassian, Qualtrics, Webflow, Tenable and Galileo (which went on to be acquired by SoFi). . Like Galileo, Lower will be one of the most successful bootstrapped fintech companies globally.

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financing finance incumbents board 94

Y Combinator

NOVEMBER 22, 2021

Every batch, we invite founders and executives to advise YC companies as Visiting Group Partners. These advisors bring valuable insights and recent operational experience to YC’s early-stage companies. He led the company as CEO of up to 350 people before hiring a successor in 2020.

communities 40

communities collaboration health board 40

Y Combinator

MAY 24, 2023

I’m proud to say our newest group partner is Tom Blomfield, who has been there not once but twice, and twice emerged with a billion-dollar company. I first met Tom in 2011 when he went through YC with GoCardless , an online payments processor for the Direct Debit system and Tom’s first billion-dollar company.

communities 134

communities advice board founder 134

TechCrunch

AUGUST 6, 2021

Companies on the leading edge of AI innovation have advanced to the next generation, which will define the coming decade of big data, analytics and automation — Enterprise AI 2.0.”. The Exchange looks at the valuations of public insurtech companies and considers what that means for startups — but from a slightly different perspective.

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TechCrunch

SEPTEMBER 19, 2022

When it comes to fintech, consumers have commanded the most attention in the last decade, with banking, credit, investing and other legacy services getting the disruption treatment. Sequence is based out of London, England, and the funding is coming from an impressive list of investors, considering the company has yet to launch.

B2B marketing 77

B2B marketing SaaS disruption capital 77

TechCrunch

NOVEMBER 6, 2020

Software companies are reporting a pretty good third quarter. For this morning’s edition of The Exchange, Alex Wilhelm interviewed three executives at cloud and SaaS companies to find out how well Q3 2020 has been treating them: Ping CFO Raj Dani. Software companies are reporting a pretty good third quarter.

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SaaS VC mix-use financing 75

TechCrunch

DECEMBER 15, 2020

Like N26 Smart and Monzo Plus , the new plan is a pandemic-proof package that doesn’t focus as much on travel. For the past couple of years, challenger banks and alternatives to traditional bank accounts have been packaging additional services into paid plans. The majority of users don’t subscribe to paid plans.

startup 106

startup financing finance 106

Y Combinator

DECEMBER 8, 2021

Scaling a startup bank is even harder. Scaling a consumer-focused financial platform—that is also now the primary bank account for millions of UK consumers—in the midst of a once in a century pandemic is close to impossible. In April 2020, British banking startup Monzo’s revenue fell by almost 50%. trillion in deposits.

peer-to-peer 101

peer-to-peer incumbents financing finance 101

TechCrunch

MARCH 11, 2021

The company has been building an open source library for natural language processing (NLP) technologies. For instance, challenger bank Monzo has been using Hugging Face behind the scenes to answer questions from its customers. Interestingly, the company is also sharing some details about its bank account.

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Andreessen Horowitz

SEPTEMBER 21, 2023

The UK is home to some of the largest payments companies and most successful neobanks in the world, Wise, Starling, and Monzo among them. In the wake of the financial crisis, the government nationalized one of the largest banks and had to intervene in several others. Giving fintech access to the central bank In the U.S.,

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innovation disruption enablement support 120

TechCrunch

JUNE 17, 2021

Wise , the fintech company formerly known as TransferWise, has announced that it wants to become a public company on the London Stock Exchange. If you’re not familiar with Wise, the company specializes in cross-border money transfers. They can then send money in another currency to a recipient’s bank account.

capital 102

capital financing finance startup 102

Y Combinator

NOVEMBER 22, 2021

Every batch, we invite founders and executives to advise YC companies as Visiting Group Partners. These advisors bring valuable insights and recent operational experience to YC’s early-stage companies. He led the company as CEO of up to 350 people before hiring a successor in 2020. Nicolas Dessaigne. Tom Blomfield.

communities 17

communities collaboration health board 17

TechCrunch

NOVEMBER 8, 2022

Kuda , the London-based and Nigerian-operating startup taking on incumbents in the country with a mobile-first and personalized set of banking services, is expanding to the U.K. The digital bank has seen some success since launching in Nigeria in 2019. a move the company says is part of a major global expansion drive. .

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incumbents financing finance startup 80

TechCrunch

JULY 11, 2022

Companies from across the industrial spectrum often rely on a migrant workforce, with data from the International Labour Organization indicating that some 169 million workers travel abroad for employment. In terms of how all of this is set up, an employee must of course be working for a company that has decided to use Kadmos.

capital 94

capital technology startup venture capital 94

Y Combinator

DECEMBER 8, 2021

Scaling a startup bank is even harder. Scaling a consumer-focused financial platform—that is also now the primary bank account for millions of UK consumers—in the midst of a once in a century pandemic is close to impossible. In April 2020, British banking startup Monzo’s revenue fell by almost 50%.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

Reforge

OCTOBER 13, 2022

About the Author Michael Taylor Mike was a co-founder at Ladder , a 50-person growth marketing agency with $50m spent and 8,000 experiments run, for clients like Booking.com, Monzo Bank, and Facebook Workplace. He is currently writing a book on Marketing Memetics. Trust makes purchase decisions easy.

creativity 52

creativity mix-use frameworks innovation 52

TechCrunch

FEBRUARY 18, 2022

” Nous’ contention is that a for-profit company can help fix systemic abuse by offering a subscription service — meaning it’s clearly batting for the consumer. The full detail of services contracts won’t be found in bank accounts, though.

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energy startup financing finance 98

TechCrunch

APRIL 16, 2023

One such company is Scan.com , a London-based medical imaging startup that connects patients with scanning centers, covering MRI , ultrasound , CT , and X-ray. The company today announced it has raised $12 million in a Series A round of funding, as it looks to build on its recent U.S. million ($5.2 ” Bullock said.

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consulting health ventures board 98

TechCrunch

AUGUST 4, 2021

London-based Starling Bank has raised more than $900 million, per Crunchbase. Monzo has raised nearly $650 million. And Starling Bank reached what it describes as profitable territory in October 2020. The company did post rather negative aggregate results for the 2020 period. million last month. We were impressed.

venture capital 104

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TechCrunch

APRIL 3, 2022

So when Goldman Sachs announced this week it was buying NextCapital – a fintech company that provides automated advice to corporate retirement plan participants – my ears perked up. NextCapital was a fintech company before fintech became cool. Again, according to Crunchbase, Goldman Sachs has acquired 27 companies over time.

startup 110

startup financing finance incumbents 110

TechCrunch

JULY 13, 2022

The company is similar to challenger banks like Brazil’s Nubank and UK company Monzo, but its key differentiator (in terms of functionalities) is that it does not just focus on individuals but also offers joint accounts for couples. In Japan, banks do not offer joint accounts for couples.

financing 94

financing finance venture capital enablement 94

TechCrunch

OCTOBER 11, 2021

The company — which harnesses some 350 data sources to verify automatically people’s identities when onboarding, and then monitor subsequent activity for fraudulent behavior — has raised $16 million (AUS$20 million). Australia’s AirTree Ventures and Greycroft, from the U.S.,

peer-to-peer 102

peer-to-peer disruption ventures technology 102

TechCrunch

DECEMBER 10, 2020

Hibob , the startup behind the HR platform that goes by the name of “bob” (the company name is pronounced, “Hi, Bob!”), ”), has picked up $70 million in funding at a valuation that reliable sources close to the company tell us is around $500 million. It has raised $124 million to date.

peer-to-peer 104

peer-to-peer culture ventures collaboration 104

Entrepreneurs' Organization

SEPTEMBER 24, 2020

These companies have a collective market capitalization of nearly $250 billion, which, for perspective, exceeds the stock markets of Argentina, Colombia and Ireland. Further, more than 80 percent of US billion-dollar companies have an immigrant in a key executive position. The company scaled to be valued at US$2.5

innovation 281

innovation hospitality entrepreneurs communities 281

TechCrunch

NOVEMBER 2, 2021

“With over 40 million users across Brazil, as well as Mexico and Colombia,” the fintech company’s LTV/CAC ratio is central to its success, they found. Citing an “increasingly challenging business and legal environment,” Yahoo (our parent company) became the latest global internet brand to exit the country.

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accelerator development media startup 89