TechCrunch

SEPTEMBER 7, 2021

The International Monetary Fund says that as of 2017, only 43% of adults in sub-Saharan Africa were “banked” by way of a traditional bank or mobile money account. ” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents.

investing 124

investing investment incumbents networking 124

TechCrunch

FEBRUARY 1, 2022

We were bullish on fintech when we launched the Matrix Fintech Index in 2017, but even we underestimated the magnitude of the growth to come. Despite a roughly 30% draw-down in the last months of 2021, the Matrix Fintech Index continued to beat the broader market as well as incumbent financial service companies.

incumbents 107

incumbents VC accelerator investment 107

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. Outperforming incumbents with modern experience and digital infrastructure. Monzo has also been able to move faster than incumbents because of its forward-looking approach to building banking infrastructure.

peer-to-peer 102

peer-to-peer incumbents finance financing 102

TechCrunch

SEPTEMBER 17, 2022

The startup launched its banking services in 2017, aimed at making younger consumers comfortable doing all their banking online. Last month, Varo Bank celebrated the two-year anniversary of obtaining its national bank charter. The move made Varo the first-ever all-digital nationally chartered U.S. consumer bank. And if so, why?

incumbents 123

incumbents sustainability capital health 123

TechCrunch

APRIL 20, 2023

CoreWeave was founded in 2017 by Intrator, Brian Venturo and Brannin McBee to address what they saw as “a void” in the cloud market. ” It’s tough for any cloud provider to compete with the incumbents in the space — i.e., Google, Amazon and Microsoft. CoreWeave currently operates five in North America.

investing 97

investing investment incumbents accelerator 97

TechCrunch

APRIL 28, 2021

The company was founded in 2018 by Christopher May and Henrik Ebbing, but both had previously worked together at McKinsey and started working in blockchain in 2017. ” “Being in the European Union requires a fundamentally different organizational setup, and poses a very high entry to new incumbents and other players overseas.

capital 79

capital incumbents innovation accelerator 79

TechCrunch

FEBRUARY 3, 2022

Since its 2017 inception, Mos has opened access to a pool of over $160 billion in financial aid to the more than 400,000 students within its community. We don’t want to be elitist, we don’t want to do this for a very small category of people because we really want to become the incumbent bank in the U.S.,”

incumbents 99

incumbents startup communities consulting 99

TechCrunch

NOVEMBER 29, 2021

Most people in French-speaking Africa are unbanked due to a lack of trust in incumbents and inefficient banking solutions. He founded Yassir with Mahdi Yettou in 2017. The company started with ride-hailing services because the cities it targeted had dense populations and inefficient transportation services.

incumbents 99

incumbents transportation capital accelerator 99

TechCrunch

OCTOBER 26, 2022

” Consolidation followed, TechCrunch’s Kyle Wiggers noted , “as incumbents in adjacent sectors saw the opportunities presented by cloud cost optimization. Microsoft in 2017 acquired Cloudyn [ … ]. Meanwhile, cloud cost-optimization tools (represented by Spot, Granulate) allowed for tactical changes to lower costs.”

incumbents 98

incumbents SaaS innovation opportunity 98

TechCrunch

JULY 19, 2021

The company has a total of $13 million in venture-backed investments since Rise was founded in 2017, founder and CEO Hank Adams told TechCrunch. Though he began in 2017, Adams, who has a background in sports technology, said he spent a few years working on prototypes before launching the first products in 2019.

incumbents 98

incumbents sustainability ventures investing 98

StartupNation

MARCH 16, 2021

The brand began as an online retailer that was later bought by Walmart in 2017 for $310 million. B2B companies face a similar battle against multibillion-dollar incumbents and unicorn startups. They know that this knowledge will become their edge, their primary competitive advantage, against incumbent and nascent competitors.

peer-to-peer 85

peer-to-peer incumbents innovation entrepreneurs 85

TechCrunch

SEPTEMBER 30, 2022

earned new investment as it strives to topple incumbents like Coinbase. This summer, Bloomberg reported that the SEC was investigating Binance’s 2017 coin offering of their BNB token. The company has continued to diversify its offerings and scour for new markets. In recent months, the company’s stateside entity Binance.US

opportunity 93

opportunity founder incumbents strategy 93

TechCrunch

FEBRUARY 17, 2022

But China and the United States are far from the only technology markets with developed startup and incumbent cohorts, strong venture capital activity, and capital markets able to translate early-stage ideas into public companies. China issue.

venture capital 91

venture capital incumbents leadership SaaS 91

TechCrunch

APRIL 7, 2021

The challenger bank was created to target millennials dissatisfied with the incumbent banking options. The company launched its credit card in 2017 and over the past two years alone, it has grown its number of credit card users by 170%. Since its inception in 2012, Avant has connected more than 1.5 million consumers to $7.5

incumbents 98

incumbents finance financing innovation 98

TechCrunch

NOVEMBER 15, 2022

Descript , the audio and video editing platform founded in 2017 by former Groupon CEO Andrew Mason, has raised $50 million in a Series C round led by the OpenAI Startup Fund, a tranche through which OpenAI and its partners, including Microsoft, are investing in early-stage companies.

media 94

media incumbents creativity energy 94

TechCrunch

FEBRUARY 4, 2021

Still, that partnership is a mark of how the hardware companies that are building connected appliances, and services around them, are knitting together more closely with incumbents to take their next scaling steps. And back in 2017, Electrolux acquired sous vide startup Anova for $250 million.

incumbents 111

incumbents incubation enablement capital 111

TechCrunch

FEBRUARY 23, 2023

.” Several years ago, the market for cloud optimization software and “ FinOps ,” while nascent, was consolidating as incumbents in adjacent sectors saw the opportunities presented by cloud cost optimization. Microsoft in 2017 acquired Cloudyn, which provided tools to analyze and forecast cloud spending.

investing 92

investing investment peer-to-peer startup 92

TechCrunch

MARCH 18, 2022

faster than those incumbents, and continue to expand it to more services in its home market, as well as take them abroad. The company has raised £175 million ($230 million at today’s conversion rates), from a single investor, the PE firm Apax Partners. ClearBank describes itself as the first clearing bank to have launched in the U.K.

incumbents 79

incumbents enablement disruption innovation 79

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 finance financing technology 87

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

MAY 11, 2022

But perhaps what is most unique about what Crowdz is doing is that it was built on Ethereum since 2017. “We We quickly found that most incumbents focusing solely on the financing of SaaS receivables lacked reliable data and market traction to sufficiently validate their business models,” Chupryna said.

finance 98

finance financing funders SaaS 98

TechCrunch

MARCH 2, 2022

My father died in 2017 after he had a heart issue in Benin and could not be saved. Bola Bardet founded the company with Laurent Leconte (CTO) and Sandrine Egron (COO) after losing her father to complications from a chronic health condition due to poor management. “My

health 95

health startup consulting incumbents 95

TechCrunch

SEPTEMBER 8, 2022

On the other hand, Pivo (the second all-female-founded team in a single batch since Tress, a defunct social community for black women’s hairstyles, in 2017) is focused on freight carriers in Africa.

startup 81

startup incumbents accelerator financing 81

Entrepreneur's Handbook

APRIL 25, 2022

My journey and how I came to this decision My journey into crypto began in 2017. I ended up taking a job at a SaaS startup called Troops after graduating, but I had already been orange-pilled back in 2017. 2017 versus 2020: Live Use Cases Everything was looking very different from the 2017 bull market. The 2020 Effect?—?Institutional

real estate 82

real estate incumbents investing investment 82

TechCrunch

MAY 1, 2021

Back in July of 2017, I wrote a piece noting that their aggregate value had reached the $3 trillion mark. He’s neutral-to-positive, saying that his firm does not “think all the companies in the market will work but still thinks ‘insurtechs’ will take market share from incumbents over the next decade.” trillion, Amazon $1.76

incumbents 106

incumbents mix-use capital venture capital 106

TechCrunch

MARCH 16, 2023

As we’ve written about before , several years ago, the market for cloud optimization software, while nascent, was consolidating as incumbents in adjacent sectors saw an opportunity to make a mark. In 2017, Microsoft acquired Cloudyn, which provided tools to analyze and forecast cloud spending.

incumbents 98

incumbents investing investment opportunity 98

TechCrunch

OCTOBER 13, 2022

Founded out of London in 2017, Zen Educate is setting out to supplant the traditional approach to recruiting teachers, a system that typically involves third-party agencies and hefty fees. Zen Educate , an online marketplace that algorithmically matches schools with the best available teachers, has raised £19.3

education 90

education incumbents financing finance 90

TechCrunch

SEPTEMBER 13, 2021

Whatley started the company in 2017 with his brother, Daniel, Stuart Kennedy and Nikki McNeil while a Harvard undergrad. The CPG industry is in the middle of a rapid change where we see all of these emerging, digital native and mission-driven brands rapidly eating share from incumbents,” he added.

startup 80

startup incumbents development capital 80

Tomasz Tunguz

NOVEMBER 6, 2016

The exuberant acquisition environment should enable some early-stage companies to menace their incumbents and take share, as those behemoths are distracted by M&A. Many of the most of apparent and immediate opportunities in the software market have been filled by now SaaS incumbents.

SaaS 40

SaaS incumbents support investing 40

Tomasz Tunguz

DECEMBER 20, 2016

The first post sketched the idea and the second filled in the details of one theory on how startups will disrupt their incumbents, and particularly the dominant systems of record. It’s been a wonderful 2016 and I’m looking forward to another exciting year in 2017.

SaaS 40

SaaS incumbents strategy disruption 40

TechCrunch

NOVEMBER 16, 2020

And in all those cases, big old incumbents like ICC will try to find ways to slow down their new competitors.” After the ICC filed its copyright infringement lawsuit in August 2017, UpCodes’ site was redesigned to include only enacted state and local building codes, instead of the ICC’s model codes).

startup 104

startup collaboration incumbents innovation 104

Y Combinator

JANUARY 21, 2021

In the last few years, incumbents have started to adopt technology to fix inefficiencies, but they’ve focused on tools to streamline individual tasks (e.g., Fragmented supply and demand is a problem for incumbents, but a great opportunity for a digital marketplace. On the supply side of the US freight market, there are 1.6

incumbents 72

incumbents transportation networking mix-use 72

TechCrunch

APRIL 9, 2021

The competition intensified further last year when American incumbents Beyond Meat and Eat Just entered China. Solivan has ample experience on both sides of the fence, as she founded TaskRabbit and led it to exit through an acquisition by Ikea in 2017. How to kick the 10 worst startup habits with Fuel Capital’s Leah Solivan.

board 91

board pitching venture capital mix-use 91

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. Monzo attacked incumbent models by creating an entirely app-based experience where customers could open a checking account from their phone for free. Traditional banks have not been able to keep pace.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

Tomasz Tunguz

MAY 3, 2016

But I do believe that they are the harbingers of a very active software acquisition market we’ll see in 2016 and 2017. Large software incumbents must bolster their product portfolios so their sales teams have new products to sell.

SaaS 40

SaaS incumbents construction startup 40

TechCrunch

OCTOBER 1, 2021

Successful startups will inevitably draw the attention of powerful incumbents in their industry,” he writes for TechCrunch+. Gharegozlou and the team at his startup, Dapper Labs, shipped the blockchain world’s first popular game, CryptoKitties, back in 2017. 3 questions startups must answer before taking on their largest competitors.

finance 74

finance financing venture capital disruption 74

TechCrunch

NOVEMBER 2, 2020

Insurance is a huge industry, with McKinsey estimating back in 2017 premiums of more than €4 trillion globally. Tim Holliday, a founding employee who is now the chairman, has been integral also to understanding what the company can use tech to tackle in terms of incumbency: he has a longstanding record as an executive in the industry.

incumbents 66

incumbents health founder accelerator 66