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

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. million in a seed round of funding as it develops a one-on-one shopping experience, transforming any cooler or cabinet into a smart grab-and-go.

capital 89

capital startup enablement incumbents 89

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 As such, banking-as-a-service platforms see an opportunity to provide more personalized services and flexibility at less cost.

startup 93

startup incumbents financing finance 93

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

TechCrunch

FEBRUARY 2, 2022

Put simply, Melon is developing tech and fulfillment infrastructure — or the backend — to enable small and medium e-commerce merchants to “easily” sell and grow across multiple channels such as Shopify, Instagram and Amazon, and then deliver almost anywhere in the region. It also plans to soon offer embedded finance products.

enablement 97

enablement startup incumbents transportation 97

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

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

AUGUST 24, 2021

Looking ahead, the startup plans to use its new capital toward product development, growth, operations and building out a credit offering. Existing services are expensive and inefficient, creating opportunities for technology enabled service providers to offer better and cheaper services,” he said. “We

incumbents 96

incumbents capital financing finance 96

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 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

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.”. Cresicor’s opportunity to go beyond trade is significant. The retail industry is valued at $5.5

startup 80

startup incumbents development capital 80

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

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

TechCrunch

FEBRUARY 9, 2021

The company combines energy management services for commercial buildings through the software it has developed with the ability to sell energy directly to customers in an effort to reduce the energy consumption and the attendant carbon footprint of the built environment. million in pre-seed financing back in March 2020.

energy 78

energy incumbents construction financing 78

Y Combinator

AUGUST 30, 2021

But where there is a gap, there is an opportunity. Gusto launched in 2012 to tackle this opportunity, and more. In the long run, software platforms have the potential to be much larger than traditional incumbents. Gusto saw an opportunity to upend the way payroll was done. SMBs had historically been hard to reach.

incumbents 87

incumbents peer-to-peer health opportunity 87

TechCrunch

MARCH 15, 2021

The funding will be used to expand Zeller’s product development and engineering capabilities, marketing and sales, and customer support teams as it prepares for its launch. He estimated that Zeller’s market opportunity in Australia includes just under 1.5 Fintechs could see $100 billion of liquidity in 2021.

incumbents 83

incumbents hospitality financing finance 83

TechCrunch

JANUARY 13, 2022

Globally, hundreds have sprung forth the past few years to challenge incumbents in their respective markets. In terms of the credit product, we see an opportunity for a “mass credit card” in Nigeria. Digital banks, neobanks, challenger banks or whatever you may call them, are among the biggest recipients of VC investments in fintech.

incumbents 104

incumbents financing finance investing 104

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. A lot of startups are getting into patterns of raising large funding rounds in rapid succession to ride their respective waves of growth, and to capitalize on the huge opportunity right now to tap deep-pocketed investors looking for smart places to put their LPs’ money.

incumbents 99

incumbents financing finance health 99

TechCrunch

JANUARY 15, 2023

Vouch hopes to leverage Level’s expertise in developing underwriting technologies to underwrite and support complex insurance products. ” 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?”. I did, too.

incumbents 117

incumbents energy board investing 117

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. And they said ‘if we’re going to help develop your business into something very significant, we’d like to have skin in the game.’ ”.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

JUNE 14, 2021

It has one of the largest and most profitable banking industries in Latin America, and is among the world’s most developed financial markets. Brazil’s banking system is a massive market, and one ill-served by incumbents. Brazil is a country riven with economic contradictions.

incumbents 99

incumbents pitching strategy disruption 99

TechCrunch

MARCH 27, 2022

I recently wrote about a new company called Glean AI , started by former OnDeck and Better.com CFO Howard Katzenberg, which aims to help businesses save money by using machine learning to analyze things like deal terms, line-item data, redundant offerings and negotiation opportunities. Manish Singh gives us all the details in this piece.

ventures 96

ventures technology startup real estate 96

TechCrunch

MARCH 10, 2022

That presented an opportunity to Lunar to take on the risk: Bring people to the platform to trade, and get them to cash out with Lunar itself, making money off the exchange or service fees associated with the transactions. .

incumbents 95

incumbents strategy capital culture 95

TechCrunch

AUGUST 7, 2022

In announcing the deal, they said: “DeFi-enabled B2B payment networks that are on chain can unlock transformative working capital efficiencies, and make financial services more fair and open, especially in developing markets like LATAM.”. Apple alum’s finance operations startup Bluecopa raises funds to expand globally.

real estate 106

real estate VC mix-use opportunity 106

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. “We’re big believers of Bitcoin, so we’re just going to continue to buy whenever there’s an opportunity to.”

transportation 88

transportation venture capital incumbents hospitality 88

TechCrunch

NOVEMBER 19, 2021

This is a huge business, typified by incumbent behemoths like Lloyd’s of London, who in theory mitigate the risk insurance companies face when they get the formula wrong. This presents an opportunity to provide a different spin on how to provide this service. “The industry hasn’t updated,” he said.

incumbents 79

incumbents disruption capital technology 79

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. The market remains volatile and we saw layoffs as an opportunity to use data and technology to streamline our approach and improve our customer experience. Seen on TechCrunch.

real estate 82

real estate incumbents opportunity founder 82

TechCrunch

MARCH 29, 2022

Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. ” Founders : Tobi Ololade, the CEO, was the chief technological officer of TradeBuza, a data and API infrastructure for agriculture finance. Robert Nyangate is the company’s CTO.

startup 91

startup hospitality health financing 91

TechCrunch

SEPTEMBER 30, 2022

Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. As insurtech valuations have become more realistic, many companies are probing, looking for M&A opportunities,” Wechsler said. “I

peer-to-peer 92

peer-to-peer sustainability ventures incumbents 92

Y Combinator

APRIL 26, 2021

Even with $125K from YC and $1–2M in venture funding, a startup’s credit limit is still likely to tap out at $20K from an incumbent creditor—which is not nearly enough to cover software, marketing, and other expenses. Stripe’s launch in 2009 made it possible for startups to easily collect payments online via developer-friendly APIs.

incumbents 121

incumbents financing finance enablement 121

TechCrunch

MAY 20, 2021

Over the years, the New York-based company realized the value in the technology it had developed to issue the virtual and disposable payment cards. Index Ventures, Tusk Venture Partners, Rainfall Ventures, Teamworthy Ventures and Walkabout Ventures also participated in the financing, which brings Lithic’s total raised to date to $61 million.

incumbents 97

incumbents strategy ventures development 97

TechCrunch

JUNE 8, 2022

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to help fuel new business and to help incumbents get up to speed with their disruptors.

incumbents 87

incumbents financing finance technology 87

TechCrunch

JULY 25, 2022

It’s been on the lips of a growing number of investors on the hunt for disruptive opportunities blockchain-based technologies can offer. Does the ability to make users collective owners in the platform’s success give you an advantage over web2 incumbents? What’s your web3 strategy?

frameworks 91

frameworks founder incumbents disruption 91

TechCrunch

DECEMBER 15, 2021

Its aim is to “finance consumption for Brazilians in a healthy way.” “It’s a huge market that is still controlled by incumbents charging extremely high interest rates, which makes it difficult for people to pay back their loans. It also aims to allow its customers to access over $616 million in financing in 2022. .

incumbents 80

incumbents startup financing finance 80

TechCrunch

APRIL 6, 2021

In the latest development, OneStream , a startup that provides a toolkit of services to enterprises to help them run financial operations (for example, reporting, planning, tax and more), has raised $200 million in primary equity. The funding values OneStream at $6 billion.

financing 69

financing finance incumbents enablement 69

TechCrunch

SEPTEMBER 20, 2022

Intel recently partnered with Penn Medicine to develop a brain tumor–classifying system using federated learning, while a group of major pharma companies, including Novartis and Merck, built a federated learning platform to accelerate drug discovery. Tech giants, including Nvidia (via Clara ), offer federated learning as a service.

incumbents 74

incumbents frameworks health financing 74

TechCrunch

MAY 15, 2022

We have an opportunity to create meaningful change in the financial lives of millions by becoming the investment rail on which wallets and fintechs can innovate. But he almost didn’t, when he had trouble securing the necessary financing to pay his tuition. For too long, many people in the U.S. For too long, many people in the U.S.

financing 83

financing finance enablement venture capital 83