Both Sides of the Table

NOVEMBER 4, 2010

I cannot recommend it enough for people in the technology or media sectors. Many people bandy about the definitions of “disruptive technology&# or “the innovator’s dilemma&# without ever having read the book and almost universally misunderstand the concepts. I’ve characterized it in a chart below.

incumbents 376

incumbents disruption frameworks innovation 376

TechCrunch

OCTOBER 1, 2021

In conversation with reporter Taylor Hatmaker, Rubin said NFTs show that individuals can benefit from Web3 adoption, while decentralized finance and cryptocurrency trading are more commercialized forms. Successful startups will inevitably draw the attention of powerful incumbents in their industry,” he writes for TechCrunch+.

financing 74

financing finance venture capital disruption 74

TechCrunch

AUGUST 10, 2021

Similar to other insurance products, disability insurance was sold the same way for more than 20 years: using outdated technology, data science and underwriting that didn’t provide consumers an appropriate policy based on their occupation and health.

incumbents 99

incumbents health education ventures 99

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 90

opportunity incumbents financing finance 90

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

SEPTEMBER 8, 2021

David Friend is a serial entrepreneur, six-time founder, and the current co-founder and CEO of cloud storage company, Wasabi Technologies. Discount airlines, cell phones (not smartphones) and integrated circuits are good examples of the “faster, cheaper, simpler” variety, because they simply displaced familiar incumbents. David Friend.

strategy 95

strategy incumbents VC disruption 95

TechCrunch

JUNE 8, 2022

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to help fuel new business and to help incumbents get up to speed with their disruptors.

incumbents 87

incumbents financing finance technology 87

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

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

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

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 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. Clocktower Technology Ventures makes $25M bet on Latin American fintechs. incumbents. “It market with different dynamics.

incumbents 107

incumbents financing finance ventures 107

TechCrunch

APRIL 3, 2022

billion in an all-stock deal that was a reflection of its continued push into consumer finance. It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g. TechCrunch last reported on Fast in January of 2021, when the startup raised a $102 million Series B financing led by Stripe.

startup 110

startup financing finance incumbents 110

TechCrunch

MARCH 16, 2021

On banking competitors, Ikigai’s founders argue that existing incumbents and challengers both have “significant” failings. “It allows us to focus on what we are good at and really matters to our customers: the user experience” Challenger bank Starling adds investment service Wealthify to its in-app marketplace.

incumbents 109

incumbents consulting collaboration financing 109

TechCrunch

AUGUST 16, 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. But lately, fintech upstarts are the ones doing the acquiring.

incumbents 106

incumbents accelerator technology startup 106

abovethecrowd.com

JUNE 17, 2014

First, they believe that the current offerings from the financial incumbents are lacking. They also believe that today’s technologies, most notably the smartphone, should allow for remarkably simpler one-click paperless transactions that have transaction costs that are a fraction of the status quo. If you look at the graph below, U.S.

disruption 83

disruption financing finance incumbents 83

TechCrunch

JUNE 9, 2022

Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their businesses with fresher approaches and newer technologies. The funds — coming from a single investor, Motive Partners — values Backbase at €2.5 billion ($2.6 billion).

incumbents 78

incumbents leadership disruption strategy 78

Andreessen Horowitz

OCTOBER 16, 2023

With massive annual technology budgets and scaled distribution, the largest FIs are the ideal end-buyers. This is because FIs have long relied on painstaking manual operational processes to accomplish their goals, eschewing technology for human labor.

frameworks 106

frameworks incumbents leadership advice 106

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

JUNE 9, 2022

General Atlantic doubled down on Klar , leading its latest financing in addition to its $70 million Series B last July. One advantage for Klar, according to Möller , is that its “cost to serve a user” is about 1/20 of what the incumbents pay. I tie it back to complacency from the incumbents. he told TechCrunch.

incumbents 97

incumbents opportunity financing finance 97

TechCrunch

SEPTEMBER 20, 2022

But a new startup, DynamoFL , hopes to take on the incumbents with a federated learning platform that focuses on performance, ostensibly without sacrificing privacy. “Our personalized federated learning technology … enable[s] machine learning teams to fine-tune their models to improve performance on individual cohorts.

incumbents 74

incumbents frameworks health financing 74

TechCrunch

OCTOBER 21, 2021

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. Each market has its own regulation and nuances, and legacy providers offer poor technology at expensive prices,” he said.

financing 96

financing finance incumbents venture capital 96

TechCrunch

JUNE 5, 2022

As such, companies that offer that technology to merchants are unsurprisingly growing more competitive with each other. This past week, San Francisco–based Affirm announced it was making its buy now, pay later technology available to U.S. Buy now, pay later has become nearly ubiquitous here in the U.S. Case in point.

incumbents 96

incumbents financing finance pitching 96

TechCrunch

OCTOBER 19, 2021

But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competitively. We are a technology company first and foremost,” he said. “We Image Credits: Pismo.

incumbents 96

incumbents financing finance technology 96

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

AsiaTechDaily

JANUARY 19, 2023

It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners. Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy.

peer-to-peer 75

peer-to-peer incumbents accelerator economic growth 75

Andreessen Horowitz

OCTOBER 12, 2023

Positioning the product (with the enterprise buyer in mind) Frame the problem you’re trying to solve In a recent conversation with Daniel Barchi, CIO of CommonSpirit Health, he compared AI software purchasing to buying a car with lane assist technology. In other words, buyers aren’t seeking AI for AI’s sake.

incumbents 104

incumbents health frameworks strategy 104

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

AUGUST 12, 2021

The latest financing officially makes the Salt Lake City, Utah-based provider of crypto tax and accounting software a unicor n, with a valuation of $1.33 Dozens of financial institutions are integrating TaxBit’s Tax Center Suite technology, the latest being FTX US. and the United Kingdom.

data analysis 106

data analysis incumbents financing finance 106

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. So we connect organizations, people and technologies across the entire logistics value chain,” said CEO Mehdi Cherif Alami.

incumbents 80

incumbents transportation collaboration consulting 80

TechCrunch

SEPTEMBER 7, 2021

When it comes to growing that proportion, however, m obile money — based on simpler technology and with an easier onboarding process — wins out, and it is set to capture more market share faster than traditional banking in the region. Neobanking, based on mobile technology too, falls somewhere in the middle of the two). .

investing 124

investing investment incumbents networking 124

TechCrunch

APRIL 23, 2023

They also worked a lot on helping fintechs build partnerships with incumbent financial institutions — experience they plan to use to offer portfolio companies bespoke “Strategy Sheets” alongside term sheets. million in equity financing Actor Ryan Reynolds Buys Position in Canadian Payments Tech Company Nuvei Insurtech Capitola raises $15.6M

startup 71

startup incumbents real estate ventures 71

TechCrunch

DECEMBER 2, 2021

The Mexico-based startup closed the $15 million Series A round and $20 million debt financing after participating in Y Combinator’s Winter 2021 cohort. Mendel says its software gives finance teams a way to manage card transactions in real time, set granular spend rules and track spending from a central dashboard.

incumbents 90

incumbents financing finance frameworks 90

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.

financing 69

financing finance incumbents enablement 69

TechCrunch

JANUARY 27, 2022

During their time at Blend — a 10-year-old publicly traded company whose white label technology powers mortgage applications on the site of banks — Mike Yu and Devon Yang realized that current mortgage infrastructure has not kept up with the pace of change in more digitally native industries.

peer-to-peer 97

peer-to-peer incumbents financing finance 97

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

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