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. Coast co-founders Daniel Simon and Andrew Woolf.

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founder startup incumbents financing 98

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.

incumbents 106

incumbents consulting SaaS disruption 106

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 startup was founded earlier this year to build a fintech-as-a-service platform for Latin America.

financing 96

financing finance incumbents venture capital 96

TechCrunch

JUNE 3, 2022

Entrepreneurs saw this as an opportunity to disrupt incumbents, and soon there were lofty claims that everything about the industry was about to change. ” Venture capitalists noticed, and startups closed large rounds of capital. With tech’s embrace, people were about to soon “love their insurance!”

incumbents 93

incumbents disruption pitching technology 93

TechCrunch

JUNE 9, 2022

Mexico City-based digital bank Klar has raised $70 million in equity funding at a valuation of $500 million, the startup announced today. General Atlantic doubled down on Klar , leading its latest financing in addition to its $70 million Series B last July. I tie it back to complacency from the incumbents. he told TechCrunch.

incumbents 97

incumbents opportunity financing finance 97

TechCrunch

JANUARY 22, 2021

Five success factors for behavioral health startups. The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. Back in 2014, Chris Dixon wrote a bit about this phenomenon in his post on “ Full stack startups.” More posts by this contributor.

real estate 144

real estate incumbents health disruption 144

Both Sides of the Table

APRIL 18, 2019

If you read Reid Hoffman’s important book, “ Blitzscaling ” you’ll realize that in some markets that are large, global and being disruptive sometimes being first to global scale can be more important than short-term unit economics. Last year I pointed out that software would help build competitive moats and we’re already seeing that.

transportation 250

transportation incumbents disruption financing 250

TechCrunch

JULY 12, 2022

Haris Khurshid, general partner at Chalo Ventures , launched a $50 million second fund focused on investing in Pakistani startups and a smaller percentage in Latin American startups. This allows Pakistani startups to scale faster throughout the country and expand into other markets.”. billion in capital commitments.

venture capital 92

venture capital VC capital ventures 92

TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. Startup insurance provider Vouch raises $90M, now valued at $550M. Ascend is offering point-of-sale financing to enable insurance brokers to break up those commercial payments into monthly installments. Ascend app.

financing 83

financing finance incumbents disruption 83

TechCrunch

SEPTEMBER 7, 2021

” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents. Wave, however , wants to disrupt it. Whereas the incumbents mostly focus on USSD (although there are provisions to use applications), Wave is solely app-based. Image Credits: Wave.

investing 124

investing investment incumbents networking 124

TechCrunch

JANUARY 7, 2021

Mambu , a Berlin-based startup that describes itself as an SaaS banking platform — providing, by way of APIs, technology to banks and others to power lending, deposit and other banking products — has closed a round of €110 million (about $135 million at today’s rates). That could lead to consolidation, too.

SaaS 126

SaaS incumbents opportunity disruption 126

TechCrunch

MAY 11, 2021

A number of fintechs have popped up as of late aiming to disrupt the traditional model of evaluating an individual’s creditworthiness. 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. Spring Labs is one of them.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

JUNE 14, 2021

Brazil’s banking system is a massive market, and one ill-served by incumbents. Just last week, this Brazilian credit card and banking fintech raised a $750 million round led by Berkshire Hathaway at a $30 billion valuation, becoming one of the most valuable startups in the world. Nubank is on its way to realizing that objective.

incumbents 99

incumbents pitching strategy disruption 99

TechCrunch

NOVEMBER 19, 2021

Today, an insurance startup called Kettle that believes it has built a better product — specifically, reinsurance underwriting product to insure insurers — to account for catastrophic events like these, by way of better data science, is announcing some funding on the heels of (sadly) more need for its services. .”

incumbents 79

incumbents disruption capital technology 79

TechCrunch

AUGUST 7, 2022

Last week, Paystand — a blockchain-enabled B2B payments startup — announced it had acquired Mexican fintech Yaydoo — creating a new unicorn in the resulting new entity. has a legacy, centralized financial infrastructure that needs to be disrupted and re-imagined by fintechs with blockchain technology. and Mexico. Today the U.S.

real estate 106

real estate VC mix-use opportunity 106

TechCrunch

JANUARY 29, 2021

“Comparing aggregate 2020 figures to 2019 results, it appears that last year was a somewhat robust year for African startups, albeit one with fewer large rounds,” he found. The 5 biggest mistakes I made as a first-time startup founder. ” The 5 biggest mistakes I made as a first-time startup founder.

VC 107

VC founder media education 107

TechCrunch

SEPTEMBER 18, 2022

Via email, a spokesperson told me that the IO Mastercard is designed to help startups scale their business. 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. Today, he serves as the startup’s CEO. Seen on TechCrunch.

real estate 82

real estate incumbents opportunity founder 82

Tomasz Tunguz

APRIL 1, 2013

When I’m meeting a startup for the first time, my goal is to understand as much about the business and team as I can. Is the problem worth solving and if the startup succeeds, how valuable would it be? After a startup has left and I’m “doing diligence,” I want to test some of the assertions made by the company. First meeting.

VC 41

VC startup pitching incumbents 41

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. Blockchain is at its most powerfully disruptive when it supplies the missing link. can repair the attention-driven digital economy. What’s your web3 strategy?

frameworks 91

frameworks founder incumbents disruption 91

TechCrunch

JULY 13, 2022

The company is disrupting the mobile money industry dominated by banks and telcos with its app-based solution, cheaper fees and QR-based tech. And despite its continuous squabble with these incumbents due to eating into their market share, Wave claims to serve over 10 million users monthly across its operating markets.

incumbents 98

incumbents disruption capital venture capital 98

TechCrunch

NOVEMBER 12, 2020

Most immediately, Verdon says it allowed several million card holders to continue to operate their cards, “and customers could remain in business with minimal disruption” Railsbank is buying Wirecard Card Solutions, the UK arm of the disgraced fintech. and Europe and helps protect the reputation of the fintech industry.

incumbents 115

incumbents disruption pitching VC 115

TechCrunch

APRIL 14, 2022

But Amy Spurling, the CEO of Compt, makes the case that incumbent solutions are overly reliant on vendor marketplaces or benefits cards, which limit the ways in which employees can use their perks. Spurling was previously the COO and CFO at Jana, a mobile advertising company, where she managed HR and finance teams. ”

incumbents 87

incumbents transportation support financing 87

Y Combinator

DECEMBER 8, 2021

Scaling a startup is hard. Scaling a startup bank is even harder. In April 2020, British banking startup Monzo’s revenue fell by almost 50%. 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. expectations.

peer-to-peer 101

peer-to-peer incumbents financing finance 101

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

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. And the giant gets disrupted precisely because its cost structure to serve its customers and its cash cow, high-priced offering makes it nearly impossible for it to try compete. And what prompted this lawsuit?

funders 254

funders innovation disruption incumbents 254

Y Combinator

DECEMBER 8, 2021

Scaling a startup is hard. Scaling a startup bank is even harder. In April 2020, British banking startup Monzo’s revenue fell by almost 50%. 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.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

TechCrunch

JUNE 9, 2022

Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their businesses with fresher approaches and newer technologies. We want to be closer to companies’ larger digital transformation programs.”

incumbents 78

incumbents leadership disruption strategy 78

TechCrunch

JANUARY 16, 2021

Israel’s startup ecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Subscribe to access all of our investor surveys, company profiles and other inside tech coverage for startups everywhere. This a great example of company that is disrupting a traditional market. Oh, and one more thing.

startup 141

startup mix-use SaaS advice 141

TechCrunch

MAY 12, 2022

In the latest development on this theme, a UK startup called Token.io The company is not disclosing valuation but CEO Todd Clyde confirmed it was up compared to its previous financing. If the name “Token” got you wondering how and if this startup is somehow involved in cryptocurrency, you would be both wrong and right.

incumbents 81

incumbents financing finance innovation 81

TechCrunch

MARCH 18, 2022

faster than those incumbents, and continue to expand it to more services in its home market, as well as take them abroad. ClearBank’s rise points to how, as fintech continues to mature, we’re starting to see a new generation of startups emerging that are willing to tackle that last front tier of infrastructure.

incumbents 79

incumbents enablement disruption innovation 79

Both Sides of the Table

FEBRUARY 13, 2011

We look at huge markets where there are large incumbents that might not be incented to innovate or react to what they perceive as an insurgent. That’s why Revolution was so supportive of Revolution Money, which sought to break up the troika that controls consumer finance. The Startup Visa movement. The Case Foundation. -

founder 277

founder venture capital media strategy 277

Y Combinator

APRIL 26, 2021

When Henrique Dubugras and Pedro Franceschi joined the YC W17 batch with an idea for a VR startup, they quickly encountered a problem. Cards are particularly a must have for young companies because large vendors don’t often accept ACH and other forms of alternative payment from early startups.

incumbents 124

incumbents financing finance enablement 124

TechCrunch

FEBRUARY 19, 2021

They see opportunities within software, particularly around mobility-as-a-service ventures and fleet management, continued demand for delivery and the push for electrification and batteries as well as the financial instrument — SPACs — that so many startups turned to in 2020. But there’s a lot more; they even see tailwinds for eVTOLs.

transportation 119

transportation innovation accelerator construction 119

TechCrunch

FEBRUARY 21, 2022

Jambo , a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5 Experts say Africa is poised to be disrupted by web3 in a similar fashion that has seen Southeast Asia become one of the best markets for web3.

education 96

education incumbents mix-use media 96

abovethecrowd.com

NOVEMBER 14, 2017

Our firm has had the good fortune to invest in many two-sided networks that used information aggregation, supplier aggregation, and user generated content to attract and inform consumers and resultantly disrupt and change different industries. These are areas where digital tools have had an impact on other industries.

health 43

health VC hospitality disruption 43