TechCrunch

MARCH 2, 2022

million in debt and grant financing from BPI France , the French government’s public investment bank. In addition to allowing patients to finance their bills, Susu proposes a collective financing solution where family members living locally or in the diaspora can also help patients finance their monthly subscription fees via care bundles.

health 95

health startup consulting incumbents 95

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

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

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 111

frameworks incumbents leadership advice 111

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 consulting communities 99

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

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

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 financing finance 97

TechCrunch

JANUARY 15, 2023

Fidelity said its purchase of Shoobx is a sign of its commitment to the private market “and will help to satisfy an increasing demand Fidelity sees from private companies to support them as they scale and grow.”. It looks like incumbent banks and institutions are still struggling when it comes to offering tech-enabled financial services.

incumbents 117

incumbents energy board investing 117

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 financing finance venture capital 87

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

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

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

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.

financing 88

financing finance incumbents capital 88

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 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

FEBRUARY 9, 2021

There are a number of tailwinds supporting the growth of a business like David Energy right now. The sands of market power are shifting and incumbents are poorly-positioned to adapt to evolving customer needs, so there’s a massive opportunity for us to capitalize.” . million in pre-seed financing back in March 2020.

energy 78

energy incumbents construction financing 78

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

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 financing finance 83

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 87

incumbents peer-to-peer health opportunity 87

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

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

AUGUST 17, 2021

“It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry,” Ryan Lawler writes. It’s never too early to think big, and, with the right support, launch the next industry titan.”.

incumbents 93

incumbents collaboration support technology 93

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

TechCrunch

MARCH 27, 2022

Startups like these are keeping the incumbents (relatively speaking) on their toes. Robinhood expands into consumer finance while Apple steps up its fintech game. ” So if Overdorff’s observations are any indications, both startup founders and investors alike are working harder to make their dollars last longer.

ventures 96

ventures technology startup real estate 96

TechCrunch

AUGUST 16, 2022

And given how popular podcasts are with drivers , Snipd also recently rolled out support for Apple’s CarPlay, allowing users to generate podcast highlights while at the wheel. Snipd supports its “knowledge-unlocking” mission in other ways, too. The short answer is that Snipd doesn’t make money… yet.

incumbents 88

incumbents VC support venture capital 88

TechCrunch

AUGUST 7, 2022

” Also in the report: “Exits have also stalled as IPO activity grinds to a halt, and analysts expect fintech startups will attract the attention of incumbents looking for M&A opportunities.” Apple alum’s finance operations startup Bluecopa raises funds to expand globally. from the previous quarter” to $24.1

real estate 106

real estate VC mix-use opportunity 106

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. About 28% of the team — mostly sales and support staff — were laid off. FIS has launched Worldpay for Platforms, an embedded finance solution aimed at SMBs.

real estate 82

real estate incumbents opportunity founder 82

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

TechCrunch

OCTOBER 27, 2021

But it feels like we have written far less about fintechs that exist solely to help the incumbents better compete with fintechs. The latest financing brings Extend’s total raised since its 2017 inception to $55 million. . We help the incumbents close the gap relative to those players.”. Extend is one such company.

incumbents 88

incumbents frameworks financing finance 88

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. This did not happen by magic. expectations.

peer-to-peer 101

peer-to-peer incumbents financing finance 101

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.

startup 110

startup financing finance incumbents 110

TechCrunch

MAY 20, 2021

That side has lagged the card acquiring side by five to seven years…We’ve built a lot to support card creation for ourselves, and realized tons of other developers need this to create cards.”. We’ve heard from customers that Lithic can power a launch in the same amount of time it takes an incumbent issuer to return a phone call.”.

incumbents 97

incumbents strategy ventures development 97

WSJ - The Accelerators

JULY 2, 2015

For instance, in first quarter 2015, 55% of all American venture rounds were either seed or Series A, split almost evenly, while 19% of all rounds were Series B (the third round of financing), according to data from CB Insights. That’s not much firepower to support what’s coming through an increasingly conical funnel.

ventures 28

ventures incumbents venture capital financing 28

TechCrunch

MARCH 22, 2023

Besides seeking to snag market share from incumbents such as Concur, Brex is also taking on startups such as Navan (formerly called TripActions) — which actually started its business focused on travel expense management before broadening its offering — and also Ramp, which itself expanded into travel last year.

incumbents 76

incumbents technology financing finance 76

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

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