AsiaTechDaily

OCTOBER 15, 2022

Register Indonesian open finance platform Ayoconnect has raised an additional $13 million in its Series B funding round, bringing the total amount it raised to date to $43 million. Founded in 2016, Ayoconnect is Southeast Asia’s largest Open Finance API platform.

incumbents 59

incumbents startup financing finance 59

TechCrunch

MARCH 4, 2022

Keyway , a startup that buys property from small and medium-sized business owners and then leases it back to them, has secured $70 million in debt financing on the heels of a $15 million equity raise. And 20% of transactions fall through because the buyer didn’t have guaranteed financing.” commercial real estate value.

real estate 97

real estate financing finance incumbents 97

TechCrunch

NOVEMBER 30, 2022

Today, Teampay has hundreds of customers and significant venture capital financing behind it. “Enterprises crave control and visibility over the finances, and this not only helps the IT department, but [also] enables all departments to make better aligned business decisions,” he added. million in equity, $11.75

economic environments 86

economic environments incumbents financing finance 86

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

MARCH 21, 2022

We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing. 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

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

JANUARY 22, 2021

Roger Lee is a general partner at Battery Ventures, based in Menlo Park, CA, who focuses on investments in software and consumer tech, including online marketplaces. He focuses on consumer internet, online marketplace and software investments. Contributor. Share on Twitter. More posts by this contributor. Justin Da Rosa.

real estate 144

real estate incumbents health disruption 144

TechCrunch

JUNE 8, 2022

Most incumbent banks, and now a fair number of neobanks, target small and medium businesses as customers. “It started with looking at SMBs and fintech enablement and we were looking for companies that fit that thesis,” she said in an interview. (It didn’t give actual customer numbers.) ” .

incumbents 89

incumbents capital investing investment 89

AsiaTechDaily

JANUARY 19, 2023

Register Komunal has announced that it secured new investments amounting to $8.5 It was very fulfilling to see how digitalization has helped our rural bank partners to thrive during the pandemic recovery period and enabled our loyal users to access attractive deposit and loan products digitally.

peer-to-peer 54

peer-to-peer incumbents accelerator economic growth 54

TechCrunch

MAY 25, 2022

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. He has a deep history of investing in deep tech startups that have gone on to disrupt industries across AI, data, semiconductors, among others.”

startup 95

startup accelerator incumbents disruption 95

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. The all-equity tranche values Alation at over $1.7 billion and growing toward $11.6 billion over the next four years.

incumbents 86

incumbents collaboration enablement leadership 86

Andreessen Horowitz

OCTOBER 12, 2023

When it comes to purchasing AI solutions specifically, some organizations have a predisposition to buying from larger incumbents, so be sure to have a crisp value proposition for why they should partner with a startup over a larger incumbent with whom they’re already working.

incumbents 109

incumbents health frameworks strategy 109

TechCrunch

MARCH 2, 2022

million in debt and grant financing from BPI France , the French government’s public investment bank. Having worked in a luxury firm, as an investment banker at JP Morgan and her own consulting firm, Bardet decided to start Susu in 2019. So that’s how the story started.”. Susu founders. That’s where Susu tends to be different.

health 95

health startup consulting incumbents 95

abovethecrowd.com

JUNE 17, 2014

First, they believe that the current offerings from the financial incumbents are lacking. This supposedly “electronic” network enables people to transfer funds from one bank account to another. Regulation becomes the friend of the incumbent in highly regulated industries through a process known as regulatory capture.

disruption 83

disruption financing finance incumbents 83

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

SEPTEMBER 1, 2022

And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. Over the years, infrastructure has enabled fintech companies and non-financial services companies alike to seamlessly integrate financial products into their platforms.

incumbents 92

incumbents opportunity enablement innovation 92

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

DECEMBER 15, 2022

Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from the South Asian market. Virgio says it was founded this year, but hasn’t disclosed its seed funding round.).

startup 76

startup incumbents media financing 76

TechCrunch

AUGUST 24, 2021

It is using the data it is generating “to provide way better credit” for its customers, Senra said, starting with credit cards, then receivables and other kinds of credit such as emergency credit or credit for investments. “We’re trying to deeply understand our customers’ needs and trying to create products they love,” Senra told TechCrunch. “We

incumbents 96

incumbents capital financing finance 96

TechCrunch

JANUARY 27, 2022

to select African countries include unicorn Chipper Cash , Lemonade Finance, Zazuu and Sendwave. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share. Similarly, NALA, in addition to enabling cross-border payments from the U.K. Whether that’ll happen remains to be seen.

peer-to-peer 98

peer-to-peer incumbents financing finance 98

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.

financing 98

financing finance incumbents collaboration 98

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

Y Combinator

DECEMBER 8, 2021

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. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. This did not happen by magic.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

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

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. Rowe Price for three years. Dufétel was also named to Barron’s 100 Most Influential Women in U.S.

innovation 86

innovation incumbents frameworks support 86

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 89

incumbents peer-to-peer health opportunity 89

TechCrunch

JANUARY 22, 2023

Snafus can happen even when incumbents and fintechs partner. Publicly traded Upstart , an artificial intelligence (AI) lending marketplace, has added two new applications to its Auto Retail platform — digital finance and online sales — to offer dealerships “a seamless online to in-store car-buying experience, from search to signing.”

incumbents 105

incumbents media ventures financing 105

TechCrunch

MARCH 10, 2022

Lunar has a full banking license (setting it apart from a number of other neobanks, which operate on other banks’ rails), and it offers checking and deposit accounts; loans and other credit services like buy now, pay later; stock, fund and ETF investing for consumers; plus business accounts, loans and financial management for SMBs.

incumbents 95

incumbents strategy capital culture 95

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. Retail investment behemoth Robinhood laid off 23% of its staff — just 3 months after letting go of 9% of its workforce. and Mexico. and Mexico.

real estate 106

real estate VC mix-use opportunity 106

TechCrunch

SEPTEMBER 13, 2021

It also helps the finance team understand expenses, including which are valid and those that are not.”. Costanoa Ventures led the investment and was joined by Torch Capital and a group of angel investors including Fivestars CTO Matt Doka and Hu’s Kitchen CEO Mark Ramadan. Cresicor’s opportunity to go beyond trade is significant.

startup 80

startup incumbents development capital 80

TechCrunch

MARCH 29, 2022

beU delivery is YC’s first set of investments in Africa’s food delivery space alongside Heyfood, another startup in this batch. Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Website : [link]. Founded in : 2021.

startup 91

startup hospitality health financing 91

TechCrunch

NOVEMBER 13, 2022

In September, he co-invested in a Seattle startup called Far Homes that was founded by Redfin alums and is focused on “buying and selling real estate in foreign markets,” as reported by GeekWire. I’m sorry that we don’t have enough sales to keep paying you.”. Unfortunately, either way, thousands of employees are paying the price. Weekly News.

real estate 97

real estate incumbents mix-use financing 97

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. In other Goldman Sachs news, Bloomberg reported that the investment banking and financial services giant is “ embarking on its biggest round of jobs cuts since the start of the pandemic.”

real estate 82

real estate incumbents opportunity founder 82

TechCrunch

DECEMBER 20, 2021

In one development of that theme, today, Taptap Send — one of the startups building tools to manage these money transfers — is announcing $65 million in growth funding as it continues its mission to enable remittances specifically to the most overlooked countries.

incumbents 94

incumbents communities networking capital 94

TechCrunch

JUNE 22, 2022

The models of these B2B companies mirror their retail e-commerce counterparts such as Wasoko and TradeDepot, as they use tech-enabled solutions to digitize medicine distribution to underserved pharmacies, drug shops, clinics, and hospitals. As such, their growth has been rapid, Salient says.

investing 114

investing investment health startup 114

TechCrunch

APRIL 3, 2022

In a statement, Luke Sarsfield, co-head of Goldman Sachs Asset Management, said: “Employers are looking to provide their employees tailored solutions and customizable advice that can better support individual saving and investing needs to help improve retirement savings outcomes. That deal closed last week. Fast slows its roll.

startup 110

startup financing finance incumbents 110

TechCrunch

MAY 15, 2022

Earlier this year , Axios’ Dan Primack wrote: “ SoftBank, in its apparent zeal to invest, promised to give Garg the 1.9% When SoftBank ponied up $750 million in November, it was Garg — not the company as a whole — who assumed responsibility for compensating the Japanese investment conglomerate for any losses. Weekly News.

financing 83

financing finance enablement venture capital 83