TechCrunch

NOVEMBER 30, 2022

Today, Teampay has hundreds of customers and significant venture capital financing behind it. Hoag notes that Teampay is low-code and doesn’t require custom development. billion was invested into corporate spend management companies in 2021. billion was invested between January and May alone. million in equity, $11.75

economic environments 86

economic environments incumbents financing finance 86

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 23, 2022

Recently, there’s been rapid digitization of this market , with several startups upending incumbents such as classifieds and hoping to define the new era of used-car-sale platforms. According to the founders, Sylndr also plans on providing seven-day money back guarantee, warranty and availing flexible financing options to users.

disruption 99

disruption financing finance venture capital 99

TechCrunch

JUNE 29, 2022

April users connect their payroll, bank statements, mortgage, prior year’s tax return and other finance apps to the platform and then tell April about significant tax events over the past year (e.g., Borodach says it’s extensible insofar as a software development kit lets developers tap into the system and create “new solutions.”

incumbents 87

incumbents financing finance advice 87

Andreessen Horowitz

OCTOBER 12, 2023

Some organizations pride themselves on building their own tech stack in certain areas like patient experience, where others tend to look externally first before considering custom development. The level of investment scales based on product development approach. Transparency is critical.

incumbents 100

incumbents health frameworks strategy 100

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

SEPTEMBER 24, 2021

Joining Lerer Hippeau in the investment are Siddhi Capital, Idea Farm Ventures, Simple Food Ventures, Animal Capital and American Pie executive Alan Mitzner. As part of the investment Larry Appel, former CEO of The Fresh Market, and Benjamin McKean, CEO of Hungryroot, will join the company’s advisory board. Immi takes in $3.8M

ventures 97

ventures incumbents startup health 97

TechCrunch

MAY 29, 2022

Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 million Series B financing round, lifting its total funding to $90 million since the business launched just nine months ago. The startup is competing with incumbents like Sayurbox, HappyFresh and TaniHub to win over users.

incumbents 101

incumbents financing finance capital 101

TechCrunch

FEBRUARY 10, 2021

Today, Tomo announced a $7 million seed funding round that included participation from a slew of investors including KB Investment Inc. 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. .

incumbents 101

incumbents financing finance accelerator 101

TechCrunch

SEPTEMBER 1, 2022

Innovation continues to drive new developments in lending, payments, crypto and, in particular, infrastructure, showing that the industry still has lots of room for growth. And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. But fintech is resilient.

incumbents 92

incumbents opportunity enablement innovation 92

TechCrunch

APRIL 26, 2022

Financing from the round came from a mix of private and public funds in China and overseas. OnTime is the ride-hailing service introduced by GAC in 2019 as one of the newcomers competing with incumbent Didi, many of which are either operated by auto OEMs or are close to one. ”

transportation 90

transportation incumbents financing finance 90

TechCrunch

MARCH 2, 2022

This isn’t an issue in developed markets, as healthcare systems change with the times to adequately provide healthcare when necessary. million in debt and grant financing from BPI France , the French government’s public investment bank. So that’s how the story started.”. Susu founders. That’s where Susu tends to be different.

health 95

health startup consulting incumbents 95

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

MARCH 21, 2022

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. 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

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

The startup’s competition includes incumbents like Informatica, IBM, SAP and Oracle, as well as newer rivals such as Collibra , Castor , Stemma , Data.World and Ataccama , all of whom offer tools for classifying and curating data at enterprise scale. The all-equity tranche values Alation at over $1.7 billion and growing toward $11.6

incumbents 86

incumbents collaboration enablement leadership 86

TechCrunch

AUGUST 29, 2022

We’re now seeing a new development where businesses want to offer different products and financial services beyond just payments,” Adeyemi told TechCrunch over a call. “We Anchor wants to “abstract away these complexities” so pure fintechs and businesses offering embedded finance can get started in 5 minutes, said Adeyemi in a statement.

startup 93

startup incumbents financing finance 93

TechCrunch

AUGUST 24, 2021

Looking ahead, the startup plans to use its new capital toward product development, growth, operations and building out a credit offering. For its part, Patrick Backhouse of Greenoaks Capital believes that Brazil has an “enormous” SME economy that has historically been “underserved by incumbent banks.”.

incumbents 96

incumbents capital financing finance 96

TechCrunch

DECEMBER 23, 2021

Skio is taking on incumbents like ReCharge Payments, which too has built subscription software for e-commerce brands and was valued at $2.1 The entrepreneur’s experience with subscriptions goes back to high school, where he said he started skipping class to do web development for a subscription box startup called Conscious Box.

incumbents 98

incumbents frameworks financing finance 98

Tomasz Tunguz

OCTOBER 21, 2017

Venture capitalists have financed many of those businesses. Over that 20 year period, annual SaaS investment has increased 20x, peaking in 2014 at $7B. Those venture dollars have financed a panoply of competition. Incumbent client/server technologies have lost their market dominance to new incumbents.

SaaS 75

SaaS incumbents financing finance 75

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

incumbents 93

incumbents sustainability board accelerator 93

TechCrunch

MARCH 18, 2021

Challenger banks continue to make significant advances in attracting customers away from the big incumbents by providing more modern, user-friendly tools to manage their money. These will typically be at incumbent banks, but they do not offer the same ranges of services to customers.

incumbents 126

incumbents financing finance startup 126

TechCrunch

OCTOBER 1, 2021

million seed financing in the summer of 2020. In its own words, Mountain View-based Vareto is developing a new platform for FP&A (financial planning & analysis) teams with the goal of “building the future of financial planning.”. Talk about validation. Image Credits: Vareto.

financing 98

financing finance incumbents collaboration 98

TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. In addition, one of the only ways insurance companies can make a profit is by taking those hundreds of millions of dollars in payments and investing it. They want all of their money up front so they can invest it.

financing 83

financing finance incumbents disruption 83

TechCrunch

JANUARY 15, 2023

On Friday, January 13, investment giant BlackRock announced it was acquiring a minority stake in SMB 401(k) provider startup Human Interest. For one, as one source told me, BlackRock’s investment is a show of faith in the SMB 401(k) market — one where the firm hasn’t historically played. Consolidation everywhere. ” In other news.

incumbents 117

incumbents energy board investing 117

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.

real estate 87

real estate financing finance venture capital 87

TechCrunch

JANUARY 13, 2022

The company said it plans to use the investment to launch neobanks in eight countries over the next 24 months. Digital banks, neobanks, challenger banks or whatever you may call them, are among the biggest recipients of VC investments in fintech. Investing in Fintech Farm was a strategic investment to that end.

incumbents 104

incumbents financing finance investing 104

TechCrunch

SEPTEMBER 16, 2021

Tile , the maker of Bluetooth-powered lost item finder beacons and, more recently, a staunch Apple critic , announced today it has raised $40 million in non-dilutive debt financing from Capital IP. In addition to new debt financing, Tile is also refinancing some of its existing debt with this fundraise, it says.

mix-use 99

mix-use incumbents networking financing 99

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

JANUARY 22, 2023

Snafus can happen even when incumbents and fintechs partner. Chief corporate development and strategy officer Greg Orenstein will move into its CFO seat.” Reports Fintech Finance News: Turkish fintech company “ Papara. The relationship between incumbents and upstarts has long been a complicated one.

incumbents 105

incumbents media ventures financing 105

TechCrunch

JANUARY 30, 2022

voting rights tied to its original investment, “contingent on the final settlement of certain legal proceedings (which has not yet occurred).” A broad ecosystem of technology pioneers, payments networks, issuers, and acquirers are developing a softPOS solution that extends beyond any company’s walled garden. billion.

incumbents 136

incumbents SaaS angel investing ventures 136

TechCrunch

SEPTEMBER 13, 2021

million in seed funding to further develop its tools for more accurate data and analytics. It also helps the finance team understand expenses, including which are valid and those that are not.”. He also intends to use the funding to acquire new brands and on software development. The retail industry is valued at $5.5

startup 80

startup incumbents development capital 80

TechCrunch

MARCH 15, 2022

But with more and more business processes moving online, online job search is the gift that keeps on giving, and so today comes news of another portal in the space raising a big round to take on the incumbents in the space with more innovative and accurate technology. It is also investing the funding in more international expansion.

incumbents 74

incumbents education innovation VC 74

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. It has a large development team, mostly based out of India, Rangel told me.). “We are competing against big banks. “We believe our product is better value for businesses, but we’re happy to see others also pushing the charge forward.”

incumbents 99

incumbents financing finance health 99

TechCrunch

MARCH 30, 2023

In her expanded role, which still includes serving as the company’s COO, Dufétel oversees all operational and go-to-market teams, including finance and marketing. Finance in 2021, and to Fortune’s 40 under 40 in 2020. Close partnership with our merchants to develop solutions together is of the utmost importance to us.

innovation 86

innovation incumbents frameworks support 86

TechCrunch

APRIL 8, 2022

With plans to raise a $25 million fund and more than $15 million already invested, PsyMed Ventures focuses on early-stage startups developing psychedelic therapeutics. According to Marc Schröder, managing partner at MGV, “seed-stage investing is the best place for venture capital to deploy when global uncertainty sprouts up.”

transportation 88

transportation venture capital incumbents hospitality 88

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 86

incumbents peer-to-peer health opportunity 86