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

JULY 13, 2021

To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. The company is able to show what kind of financing can be obtained based on the amount of data customers provide.

support 100

support financing finance funders 100

TechCrunch

MAY 5, 2022

Neo has also expanded beyond just offering personalized loyalty card programs and into launching co-branded card programs, “buy now, pay later” options (BNPL), point of sale installment financing and subscription-based loyalty services for both online and brick and mortar retailers. .

incumbents 97

incumbents networking financing finance 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. It seems that his thesis was correct.

economic environments 86

economic environments incumbents financing finance 86

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

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 8, 2021

Starling — which competes against incumbent banks, as well as other challengers like Monzo and Revolut — said it will be using the money to continue its growth. That bigger market picture has also meant a surge of many neobanks, and so Starling competes with more than just the incumbents. billion) post-money.

incumbents 110

incumbents investing investment innovation 110

Andreessen Horowitz

OCTOBER 16, 2023

For example, a sense of needing to keep up with these technology advancements from leadership can be translated down to a VP of Consumer Finance who needs to grow a consumer banking app while battling fintech upstarts and who may be thinking about using AI products to do so–which your product could help enable.

frameworks 110

frameworks incumbents leadership advice 110

Andreessen Horowitz

OCTOBER 12, 2023

As Paul Uhrig, Chief Legal and Digital Health Officer of Bassett Healthcare Network and Executive Director of Bassett Innovation Center told us, “if we can get the ultimate user excited and to be champions about this, that I found to be very much the winning strategy.”

incumbents 109

incumbents health frameworks strategy 109

TechCrunch

FEBRUARY 2, 2021

Abstract Ventures led the financing, which also included participation from Propel Venture Partners, NFP Ventures, BoxGroup and Precursor Ventures. Mort appreciates that TrustLayer is tackling the problem not by becoming the insurance broker, but by working with the incumbents as a software solution. million in a seed round.

data analysis 89

data analysis incumbents hospitality construction 89

TechCrunch

MARCH 4, 2022

To learn more, we put questions to Arjun Kapur , a managing director at Comcast’s Forecast Labs; Andrés Saborido , a global director at Telefónica’s Wayra; and Serge Tanjga , a finance exec at MongoDB, a company that recently put together its own venture capital arm. The Exchange explores startups, markets and money.

capital 83

capital venture capital incumbents creativity 83

TechCrunch

NOVEMBER 23, 2021

Bain Capital Ventures led the seed round alongside South Park Commons, Core Innovation Capital, and Operator Partners. Wealthy Americans have access to CPAs and accountants and tax advice people watching over their finances year-round. Mobile income tax software Column Tax announced today that it raised $5.1

incumbents 76

incumbents advice education 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

AsiaTechDaily

JANUARY 19, 2023

Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. Fintech help SMEs manage their finances and capital with convenience and efficiency. Komunal has channeled $230 million (equivalent to IDR 3.6

peer-to-peer 54

peer-to-peer incumbents accelerator economic growth 54

TechCrunch

JANUARY 22, 2021

The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. Incumbents in these industries are very large and entrenched, but they are legacy players, making them slow to adopt new technology.

real estate 144

real estate incumbents health disruption 144

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

JULY 14, 2021

The financing brings the two-year-old company’s total raised since its 2019 inception to $50 million. Andrew Steele of Activant was impressed with Cardless’ ability to power and execute “unique” credit card programs “for prestigious and innovative brands” just two years after launch.

incumbents 95

incumbents financing finance innovation 95

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. But Simon argues that the companies that sell such cards were founded decades ago with very little innovation since.

founder 98

founder startup incumbents financing 98

Tomasz Tunguz

OCTOBER 21, 2017

Venture capitalists have financed many of those businesses. Those venture dollars have financed a panoply of competition. Incumbent client/server technologies have lost their market dominance to new incumbents. Salesforce was founded in 1999. Since then, many major categories of software have been saasified.

SaaS 75

SaaS incumbents financing finance 75

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. Infrastructure providers can help connect fintech companies with incumbent banks so that they can both reap the benefits of the interest rate environment.

incumbents 92

incumbents opportunity enablement innovation 92

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

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. As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits.

startup 95

startup accelerator incumbents disruption 95

TechCrunch

APRIL 7, 2021

The challenger bank was created to target millennials dissatisfied with the incumbent banking options. Zero Financial co-founder and CEO Bryce Galen said that Avant shared his company’s mission “to challenge the status quo by bringing innovative financial services products to consumers who might otherwise be unable to access them.”.

incumbents 98

incumbents financing finance innovation 98

TechCrunch

SEPTEMBER 7, 2021

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

investing 124

investing investment incumbents networking 124

Both Sides of the Table

MAY 28, 2018

So it’s incumbent on you to know what a smart business plan and use of cash looks like. Most VCs lead one round of financing in your company and are looking for other VCs to lead subsequent rounds. Will these milestones be enough that a VC would pay a higher price in the next round of financing? That’s what’s called a “soft no.”

VC 247

VC capital incumbents financing 247

TechCrunch

FEBRUARY 10, 2021

Angel and individual investors also put money in the round, including: Backstage Capital founder Arlan Hamilton, ex-Venmo COO Michael Vaughan and James Kim, former head of finance at Tinder. . People have different personal finance behavior than in the past, which makes it harder for traditional lenders to evaluate them.”.

incumbents 101

incumbents financing finance accelerator 101

TechCrunch

APRIL 28, 2021

We look forward to supporting new exciting protocols and projects, empowering innovative corporate use cases, and adding additional (decentralized) financial products and services to our platform.”. Finoa is bridging this gap by providing seamless, safe, and regulated access to the world of digital assets.”

capital 79

capital incumbents innovation accelerator 79

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.

incumbents 74

incumbents education innovation VC 74

TechCrunch

FEBRUARY 9, 2021

million in venture financing from investors led by Equal Ventures and including Operator Partners, Box Group, Greycroft, Sandeep Jain and Xuan Yong of RigUp, returning angel investor Kiran Bhatraju of Arcadia and Jason Jacobs’ recently launched My Climate Journey Collective, an early-stage climate tech fund. .

energy 78

energy incumbents construction financing 78

TechCrunch

JULY 12, 2022

With a large population, Pakistan is geographically smaller, well-connected with fewer provinces, has lower regulatory barriers and doesn’t have strong incumbents,” Khurshid, who is originally from Pakistan, said via email. Paul Sawers covered Cathay Innovation ’s third fund, with $1.05 billion in capital commitments.

venture capital 92

venture capital VC capital ventures 92

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.” Yahyaoui said, starting with students.

incumbents 99

incumbents startup consulting communities 99

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

NOVEMBER 2, 2022

“We’re going to bring innovation to the market that will increase the number of data assets we cover and the people who will leverage and access Alation.” Alation counts more than 25% of the Fortune 100 as clients, touching verticals such as finance, healthcare, pharma, manufacturing, retail, insurance and tech.

incumbents 86

incumbents collaboration enablement leadership 86

TechCrunch

JANUARY 15, 2023

” 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?”. Some of the large banks have already been active, and the others need to ask themselves whether they are serious about innovation and digital transformation.

incumbents 117

incumbents energy board investing 117

TechCrunch

NOVEMBER 13, 2022

Months after acquiring gamified finance mobile app startup Long Game, Truist Financial Corporation has introduced the Truist Foundry, an innovation division that it says “will function as a startup within the bank.” Unfortunately, either way, thousands of employees are paying the price. Image Credits: Kuzma / Getty Images. Weekly News.

real estate 97

real estate incumbents mix-use financing 97

TechCrunch

NOVEMBER 19, 2021

“It’s the classic innovator’s dilemma.” 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. “The industry hasn’t updated,” he said. That can be a truly life changing thing.”

incumbents 79

incumbents disruption capital technology 79

Tomasz Tunguz

JULY 13, 2015

Where are founders finding unique opportunities to innovate? The rest of the list controverts the notion that startups and investors pursue only incremental innovations. In addition, investors will seek under-explored areas to finance, looking for great returns. Space travel startups look to conquer the final frontier.

investing 40

investing investment hospitality transportation 40