TechCrunch

MAY 12, 2021

The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes. Index Ventures’ Mark Fiorentino agrees that the company’s founder-market fit was crucial in his firm’s decision to invest.

incumbents 107

incumbents financing finance ventures 107

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

JUNE 9, 2022

Klar experienced a “7x” year-over-year increase in revenue and 4x bump in transaction volume over the same time period, according to Klar co-founder and CEO Stefan Möller. General Atlantic doubled down on Klar , leading its latest financing in addition to its $70 million Series B last July. It’s also looking for M&A opportunities.

incumbents 97

incumbents opportunity financing finance 97

TechCrunch

MARCH 8, 2021

Challenger banks continue to see huge infusions of cash from investors bullish on the opportunity for smaller and faster-moving tech-based banking startups to woo customers from their larger rivals. Digital banking has reached a tipping point,” said Anne Boden, founder and CEO of Starling Bank, in a statement.

incumbents 110

incumbents investing investment innovation 110

TechCrunch

SEPTEMBER 7, 2021

Four big-name backers jointly led the round — Sequoia Heritage, a private investment fund and a subsidiary of Sequoia; Founders Fund; payments upstart Stripe; and Ribbit Capital. ” Going up against incumbents. . ” Going up against incumbents. Wave, however , wants to disrupt it.

investing 124

investing investment incumbents networking 124

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

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

NOVEMBER 23, 2021

Some prominent angel investors also participated in the round, including Opendoor founder Eric Wu and former Wealthfront CEO Adam Nash. Column Tax co-founders Gavin Nachbar and Michael Bock. Wealthy Americans have access to CPAs and accountants and tax advice people watching over their finances year-round.

incumbents 76

incumbents advice education financing 76

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. EdgeQ , Kneron , and Hailo are among the dozens of upstarts vying for customers, the last of which nabbed $136 million in October as it doubles down on new opportunities.

startup 95

startup accelerator incumbents disruption 95

Both Sides of the Table

MAY 27, 2016

I was asked again in an LP meeting later in the week and then again at a founder breakfast gathering we hosted yesterday. I fall in love with both the founders and the concept. I spend hours thinking about the products, competitors, market opportunities, recruiting and financing of these businesses. I fall in love.”

investing 254

investing investment incumbents culture 254

TechCrunch

SEPTEMBER 1, 2022

Laura Spiekerman is the co-founder and chief revenue officer of Alloy , an identity-decisioning platform for banks and fintech companies. Infrastructure providers have a unique opportunity to be a bright spot amidst all the doom and gloom. Laura Spiekerman. Contributor. Share on Twitter.

incumbents 92

incumbents opportunity enablement innovation 92

Andreessen Horowitz

OCTOBER 16, 2023

However, a fear of long sales cycles, heavy compliance requirements, and opaque organizational structures preclude many early stage founders from pursuing this go-to-market channel. With massive annual technology budgets and scaled distribution, the largest FIs are the ideal end-buyers. within a given line of business you are selling into.

frameworks 109

frameworks incumbents leadership advice 109

TechCrunch

JUNE 30, 2021

Ribbit Capital led the financing, which also included participation from DST Global, NFX and Zigg Capital. The company claims that besides having founders that have years of experience at a company with a reach like Zillow’s, they also aim to be different from other competitors in the space in that they are strictly focused on the buyer.

real estate 98

real estate incumbents strategy financing 98

TechCrunch

JANUARY 7, 2021

CEO and co-founder Eugene Danilkis said it will be using the money to expand deeper in the 50 markets where it is already active, as well as focus more on specific regions like South America and Asia. Mambu was one of the first companies to leverage the opportunity to move banking software into the cloud,” he said in a statement.

SaaS 126

SaaS incumbents opportunity disruption 126

TechCrunch

JANUARY 26, 2022

The latest financing brings the San Francisco-based startup’s total funding raised to $50 million. Adam Carmel, founder and CEO of Polly , says the company has increased its customer count by nearly 3x over the past year, including “several of the country’s top 100 lenders.”.

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

FEBRUARY 2, 2022

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. It also plans to soon offer embedded finance products. So, just how does it work?

enablement 97

enablement startup incumbents transportation 97

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 Kennan Davison, an engineer who previously worked at Hulu and Pinterest, founded the startup in April. billion earlier this year after a $227 million raise. .

incumbents 98

incumbents frameworks financing finance 98

abovethecrowd.com

JUNE 17, 2014

First, they believe that the current offerings from the financial incumbents are lacking. Regulation becomes the friend of the incumbent in highly regulated industries through a process known as regulatory capture. we immediately thought of Wealthfront , the automated investment service started by Benchmark founder Andy Rachleff.

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disruption financing finance incumbents 83

TechCrunch

OCTOBER 1, 2021

million seed financing in the summer of 2020. Menlo also put money in the company’s latest round, in addition to 40 angel investors, including tech unicorn founders and chief financial officers. Their goal was to create a strategic finance platform for the enterprise that had the look and feel of a consumer offering.

financing 98

financing finance incumbents collaboration 98

TechCrunch

FEBRUARY 3, 2022

Human rights activist and Mos founder Amira Yahyaoui couldn’t afford to go to college, so when she first launched a platform to connect students to scholarships, the innovation felt full circle. Banks are trying to become relevant, but students don’t buy the BS that incumbents are doing.” Amira Yahyaoui, the founder of Mos.

incumbents 99

incumbents startup consulting communities 99

TechCrunch

AUGUST 29, 2022

At the time, the startup’s co-founder and CEO, Segun Adeyemi , said that he was taking a break and would “likely start another company” later. As such, banking-as-a-service platforms see an opportunity to provide more personalized services and flexibility at less cost. Treasury Prime raises $20M to scale its banking-as-a-service biz.

startup 93

startup incumbents financing finance 93

TechCrunch

JANUARY 27, 2022

The business opportunity for remittance is lucrative despite digital lenders vying for less than 20% of the international money market dominated by traditional offline players. to select African countries include unicorn Chipper Cash , Lemonade Finance, Zazuu and Sendwave. O ther players in the space facilitating transfer from the U.K.

peer-to-peer 98

peer-to-peer incumbents financing finance 98

TechCrunch

FEBRUARY 2, 2021

Abstract Ventures led the financing, which also included participation from Propel Venture Partners, NFP Ventures, BoxGroup and Precursor Ventures. TrustLayer co-founder and CEO John Fohr said the company was founded on the premise that verification of insurance and business credentials is a major pain point for millions of businesses.

data analysis 89

data analysis incumbents hospitality construction 89

TechCrunch

JULY 14, 2021

Thanks to San Francisco-based Cardless , that opportunity may be less of a stretch than you think. The financing brings the two-year-old company’s total raised since its 2019 inception to $50 million. today, only one is from a company that is less than two decades old, according to Cardless’ co-founder and president Michael Spelfogel.

incumbents 95

incumbents financing finance innovation 95

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. Here are just a few we’ve seen just this month: Akeneo, focused on product experience and information management, brought in $135 million in Series D financing.

capital 89

capital startup enablement incumbents 89

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

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

TechCrunch

AUGUST 24, 2021

The company wasn’t actively in the market, according to CEO and co-founder Igor Senra, but was approached by existing backer Greenoaks and other investors. 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

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. Founders pitched carriers a tech-forward relationship with the customer, focusing on: Just over five years ago, the insurance industry entered the crosshairs of the tech world.

incumbents 93

incumbents disruption pitching technology 93

TechCrunch

DECEMBER 7, 2021

Dragoneer and Echo Street are investing in the startup for the first time, and many of Lydia’s existing investors are putting more money on the table, such as Tencent, Accel and Founders Future. What’s really impressive with this round is that it is primarily financed by existing investors,” Lydia co-founder and CEO Cyril Chiche told me.

peer-to-peer 83

peer-to-peer incumbents VC financing 83

TechCrunch

APRIL 27, 2022

— so Ott wasn’t keen to talk about how much money it calculated people owed to the state, but there is an opportunity there too to provide financing and longer-term managing of that financing as a different kind of product. “It’s complicated and people are afraid of the outcome,” she said. .”

incumbents 91

incumbents financing finance board 91

TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. Wynn started the company in January 2021 with his co-founder Praveen Chekuri after working together at Instacart. Ascend on Wednesday announced a $5.5 This is the first funding for the company that is live in 20 states.

financing 83

financing finance incumbents disruption 83

Entrepreneurs' Organization

OCTOBER 30, 2018

Co-founder of Owned Outcomes Krupa Srinivas explores the value of fear in an entrepreneur’s journey as she describes partnering with a US healthcare intermediary to solve the problem of cataloguing hospital supplies. This challenge spelled fear and opportunity in equal parts. We didn’t know the domain.

innovation 152

innovation hospitality incumbents technology 152

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. When Gusto founders Josh, Tomer, and Eddie came together in 2011, they saw an unmet need in small business payroll.

incumbents 89

incumbents peer-to-peer health opportunity 89

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

JANUARY 13, 2022

Globally, hundreds have sprung forth the past few years to challenge incumbents in their respective markets. After helping to scale Monobank in Europe, Dmytro Dubilet , one of its co-founders, aims to do the same in emerging markets via his new company. and Middleware founder and CEO Alexander Vityaz. .

incumbents 104

incumbents financing finance investing 104

TechCrunch

MARCH 15, 2021

Dominic Yap, chief operating officer and co-founder, and Ben Pfisterer, chief executive officer and co-founder of Zeller. He estimated that Zeller’s market opportunity in Australia includes just under 1.5 Image Credits: Zeller. million USD) Series A last year, it announced today.

incumbents 83

incumbents hospitality financing finance 83