TechCrunch

OCTOBER 13, 2022

A flurry of fintechs emerged in hope of meeting that demand while incumbent banks clamored to step up their own digital games. Founded by Eytan Bensoussan and Justin Adler in 2016, the startup was born to serve small business owners such as barbers, mechanics and local restaurant owners. million since inception.

capital 98

capital incumbents education finance 98

TechCrunch

MAY 19, 2022

When Pedro Conrade started Brazilian digital bank Neon in 2016, he was a 23-year-old business school student who was frustrated with the service and costs associated with traditional banking in his country. “I I had a catastrophic relationship with incumbent banks.”. It was super expensive, and the service was terrible. ’” .

incumbents 86

incumbents finance financing education 86

TechCrunch

APRIL 7, 2021

Founded in 2016, San Francisco-based Zero Financial has raised $147 million in debt and equity , according to Crunchbase. The challenger bank was created to target millennials dissatisfied with the incumbent banking options. Those offerings include deposits, personal loans, credit cards and auto loans.

incumbents 98

incumbents finance financing innovation 98

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

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. Rangel added that its choice to build was partly done out of necessity, since in 2016 there weren’t many banking-as-a-service platforms to provide those APIs. “We are competing against big banks.

incumbents 99

incumbents finance financing health 99

TechCrunch

APRIL 27, 2022

This is a major round for the startup: Taxfix has raised around $330 million since being founded in 2016. That’s a sign of how there is not just incumbent marketshare to take away, but new users popping up all the time. Index led its Series C in 2020 ; Valar led a round in 2018 ). Turbotax, Intuit’s big product in the U.S.

incumbents 91

incumbents finance financing board 91

TechCrunch

MARCH 29, 2022

Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. ” Founders : Tobi Ololade, the CEO, was the chief technological officer of TradeBuza, a data and API infrastructure for agriculture finance. Founded in: 2016. YC-backed Duplo raises $1.3M

startup 91

startup hospitality health finance 91

TechCrunch

SEPTEMBER 30, 2022

Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. If you’re an investor who’d like to participate in future surveys, fill out this form.

peer-to-peer 92

peer-to-peer sustainability ventures technology 92

TechCrunch

JULY 25, 2022

As the founder of an infrastructure project that has been around since 2016, I want to remind you that web3 isn’t just a drop-down menu of features to be bolted on to your project. Does the ability to make users collective owners in the platform’s success give you an advantage over web2 incumbents? FOMO is real.

frameworks 91

frameworks founder incumbents disruption 91

TechCrunch

JANUARY 14, 2021

Founded in Gothenburg, Sweden in 2016, Minna enables customers to manage subscription services via their existing bank’s app. Sjöblom told me that by largely working with incumbent banks, Minna is providing them with a way to fight back against challenger banks. It has now raised $18.8 million (€15.5

technology 70

technology incumbents ventures enablement 70

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.

investing 116

investing investment venture capital peer-to-peer 116

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. According to the CB Insights’ latest State of Fintech report , this is the first time that has happened since the end of 2016.

startup 71

startup incumbents real estate ventures 71

TechCrunch

FEBRUARY 8, 2022

Thndr, launched in late 2020 by Ahmad Hammouda and Seif Amr , is filling the gap by making it easier to open and manage investment accounts, consequently replacing traditionally slow and outdated processes by incumbents. The first investment that 75% of our users have done was with less than $500.

investing 99

investing investment ventures incumbents 99

abovethecrowd.com

NOVEMBER 14, 2017

He was named the venture capitalist of the year in 2016 at the TechCrunch’s annual Crunchy awards. So backing up on how healthcare is financed, let’s say you got a plan with basically no deductible, so you’ve got first dollar coverage. He is one of Silicon Valley’s legendary venture capitalists.

health 43

health VC hospitality disruption 43