TechCrunch

JUNE 6, 2022

Can both users support their end of the payment based off of their default split? ” Ivella isn’t just competing with the theory of joint accounts pushed by incumbent banks, but also venture-backed startups seeking a multiplayer fintech world. If so, move the money and then send back an approval.” Zeta, which raised a $1.5

peer-to-peer 117

peer-to-peer finance financing incumbents 117

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

TechCrunch

MARCH 16, 2021

On banking competitors, Ikigai’s founders argue that existing incumbents and challengers both have “significant” failings. . “Not only do they expect faster, fairer and better experiences, they have specific expectations and demands that current financial providers just don’t meet.

incumbents 109

incumbents consulting collaboration financing 109

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

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 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

DECEMBER 6, 2022

There’s a growing market for private cellular networks, or dedicated cell networks configured to support a company’s specific requirements within a confined area (think a warehouse or wind farm). But that hasn’t stopped new ventures from cropping up to challenge the incumbents.

networking 88

networking startup incumbents energy 88

AsiaTechDaily

JANUARY 19, 2023

“We are humbled by the overwhelming support from our investors, rural bank partners, and loyal users. Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. Komunal has channeled $230 million (equivalent to IDR 3.6

peer-to-peer 75

peer-to-peer incumbents accelerator economic growth 75

TechCrunch

JUNE 5, 2022

But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. In other words, it wants to help fintechs be in a stronger position to compete with incumbents, something it believes will benefit consumers. And elsewhere.

incumbents 96

incumbents finance financing pitching 96

TechCrunch

FEBRUARY 3, 2022

It’s an evolution from Mos as an edtech business built to help students navigate their way through applying and attending college into a fintech that can support the same user base through all of life’s similarly complicated demands. Banks are trying to become relevant, but students don’t buy the BS that incumbents are doing.”

incumbents 99

incumbents startup communities consulting 99

TechCrunch

NOVEMBER 23, 2021

Column Tax’s software differs from that of incumbents like TurboTax and H&R Block in that it is mobile-only and will be embedded into a customer’s existing bank account, allowing for year-round integration that the company says will cut down users’ time spent on tax prep.

incumbents 76

incumbents advice education finance 76

TechCrunch

JUNE 9, 2022

” The problem that Basebase is addressing is one that is endemic to the financial services industry: incumbent big banks and others have been building digital services for forty years at this point. We want to be closer to companies’ larger digital transformation programs.”

incumbents 78

incumbents leadership disruption strategy 78

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. They are electronic yet manual processes that make their work very inefficient. More than 3,000 users also utilize its software.

incumbents 80

incumbents transportation collaboration consulting 80

TechCrunch

JUNE 22, 2022

On competition between these platforms, Adeseun said a few of these chain pharmacy incumbents, such as MedPlus and HealthPlus, are taking on a digital strategy by adding telemedicine capabilities, thus responding to the innovation that startups introduced. Women founders are disadvantaged,” the director said.

investing 114

investing investment health startup 114

Andreessen Horowitz

AUGUST 30, 2023

Popularized by Michael Milken at Drexel Burnham Lambert, the invention wasn’t all that complicated: issue bonds with very high interest rates and correspondingly high risk, and use that capital to finance the wholesale acquisition of mismanaged, inefficient, and sclerotic companies. billion, against almost $2.8

opportunity 91

opportunity incumbents financing finance 91

TechCrunch

APRIL 6, 2021

D1 Capital Partners led the financing, with participation from Tiger Global and Investment Group of Santa Barbara (IGSB), the company said. “The pandemic accelerated OneStream’s business given that it was a wake-up call for many companies that had not digitally transformed their key finance processes,” said Koefoed.

finance 69

finance financing incumbents enablement 69

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

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

TechCrunch

JULY 14, 2021

The financing brings the two-year-old company’s total raised since its 2019 inception to $50 million. We’re committed to supporting the super users of today’s influential brands across a variety of verticals,” said Spelfogel. Accomplice and Greycroft co-led its $7 million Series A last June.

incumbents 95

incumbents financing finance innovation 95

Andreessen Horowitz

OCTOBER 16, 2023

This framework, which is frequently leveraged by our GTM team, is a qualification methodology that supports the sales process and can help companies answer internal sales questions such as which customers to go after and how to actually win a deal. Leverage your investors/advisors to help uncover that inside baseball for you.

frameworks 112

frameworks incumbents leadership advice 112

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

MAY 8, 2022

Led by Lindsay Holden, the startup had raised more than $20 million in funding and had built a gamified finance mobile app that aims to help people “save, learn and engage” with their finances. In other words, incumbents in some cases need fintechs even as they compete with them. million in a round led by Firebrand Ventures.

real estate 87

real estate finance financing venture capital 87

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

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 Image Credits: Vesta.

peer-to-peer 97

peer-to-peer incumbents finance financing 97

TechCrunch

SEPTEMBER 28, 2021

Fintech startups have thrown a curve ball into the world of financial services by building more flexible, cheaper and user-friendly tools to businesses and consumers, who in turn are walking away from older incumbents and taking their custom to newer providers. They are where they are,” he concluded with a small shrug. ¯_(?)_/¯.

finance 88

finance financing incumbents opportunity 88

TechCrunch

SEPTEMBER 7, 2021

. “We started with the idea of the power of data and using a wider range of resources [than incumbents], and using that in our pricing led us to be able to offer better rates to more people,” Oliver said, but that hasn’t led to Marshmallow seeing sharper competition from older incumbents.

incumbents 87

incumbents technology startup strategy 87

TechCrunch

FEBRUARY 11, 2021

And last but definitely not least, the latest extension — which closed in December but is only now being publicly announced — effectively doubles Human Interest’s valuation from its financing a few months prior. . It was later revealed that American Express Ventures had joined the financing as an investor.

finance 88

finance financing incumbents capital 88

TechCrunch

JANUARY 13, 2022

Globally, hundreds have sprung forth the past few years to challenge incumbents in their respective markets. As part of this financing round, Vladimir Mnogoletniy, co-founder of Genesis, the parent company of African online classifieds platform Jiji, will join Fintech Farm’s board. He is also a partner at co-lead investor Flyer One.

incumbents 104

incumbents financing finance investing 104

TechCrunch

APRIL 8, 2022

Dear Sophie: Supporting Ukrainians with H-1Bs and beyond. How can we support them? Dear Sophie: Supporting Ukrainians with H-1Bs and beyond. 6 questions investors should ask when evaluating psychedelic biotech companies. Image Credits: Bryce Durbin/TechCrunch. He is trying to get his parents out of Ukraine. United with Ukraine.

transportation 88

transportation venture capital incumbents hospitality 88

TechCrunch

AUGUST 29, 2022

These platforms have become popular with neobanks or upstarts in different segments trying to embed financial services into their offerings because large, incumbent banks have been relatively slow to bring their services up to speed with the pace of change in the world of tech and banking.

startup 93

startup incumbents financing finance 93

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 94

incumbents peer-to-peer health opportunity 94

Haystack

JULY 20, 2018

More recently, this trend has shifted a bit within the Bay Area, which today’s giants like Uber, Airbnb, and Stripe being built in San Francisco proper while incumbents down south have begun scooping up premium commercial real estate in the city. Over the past two years, however, I’ve felt that something is out of balance.

investment 116

investment investing venture capital peer-to-peer 116

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. It has made 38 new hires over the past six months, growing its team to 50 people. Zeller will have no lock-in contracts and one low fee for card payments.

incumbents 83

incumbents hospitality finance financing 83

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.” In other cases, decisions were less honorable and more about furthering the executive’s own agenda. Weekly News.

real estate 97

real estate incumbents mix-use financing 97

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 10, 2022

“ We look forward to supporting the team in developing next generation digital-first financial services in the Nordics and beyond.” “The investment builds on our strategy of backing best-in-class businesses and management teams,” Lise Kaae, the CEO of Heartland, said in a statement when the first tranche was announced.

incumbents 95

incumbents strategy capital culture 95

TechCrunch

MARCH 16, 2023

Mironov came from the finance world, having spent several years as a private equity analyst, associate and consultant. The future of work is happening now, but actually supporting it requires a paradigm shift in how companies efficiently engage with independent contractors at scale.” So what does Wingspan bring to the table?

incumbents 89

incumbents consulting sustainability ventures 89