TechCrunch

FEBRUARY 10, 2021

As it stands, 2006-founded Northmill is available in Sweden, Norway and Finland, where it competes with incumbent banks with physical branches and the likes of Lunar, Revolut and Klarna (which operates as a bank in its home country of Sweden, and Germany). Next stop, Norway. Making sense of Klarna.

incumbents 93

incumbents sustainability board accelerator 93

TechCrunch

DECEMBER 15, 2021

To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil. “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.

incumbents 80

incumbents startup finance financing 80

TechCrunch

JANUARY 7, 2021

CEO and co-founder Eugene Danilkis said it will be using the money to expand deeper in the 50 markets where it is already active, as well as focus more on specific regions like South America and Asia. ” story, it’s one of the many tech companies with its U.S. The funding gives Mambu a post-money valuation of €1.7

SaaS 126

SaaS incumbents opportunity disruption 126

Tomasz Tunguz

DECEMBER 18, 2019

Software M&A in 2019 reached about $170B up from $136B in 2018, up 25%. And incumbents desire as much of that as possible for themselves. In it, 65% of founders believe the fundraising market in 2020 will present more challenges than 2019. Here are my 2019 predictions and my analysis of them.

incumbents 57

incumbents SaaS sustainability collaboration 57

TechCrunch

DECEMBER 16, 2021

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. The company will focus more on large enterprises next year, he added. .

incumbents 87

incumbents hospitality collaboration enablement 87

TechCrunch

JUNE 9, 2022

Klar experienced a “7x” year-over-year increase in revenue and 4x bump in transaction volume over the same time period, according to Klar co-founder and CEO Stefan Möller. In total, the company has raised over $150 million in equity funding since its 2019 inception. I tie it back to complacency from the incumbents.

incumbents 97

incumbents opportunity financing finance 97

TechCrunch

JULY 14, 2021

The financing brings the two-year-old company’s total raised since its 2019 inception to $50 million. today, only one is from a company that is less than two decades old, according to Cardless’ co-founder and president Michael Spelfogel. Accomplice and Greycroft co-led its $7 million Series A last June.

incumbents 95

incumbents finance financing innovation 95

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. Ever since Climate Corp.

incumbents 98

incumbents sustainability ventures investment 98

TechCrunch

NOVEMBER 16, 2022

After finding it, the three co-founders together built a service for managing passwords, API keys and digital certificates, which evolved into a fully fledged business — Akeyless — over the course of the next several years. If Akeyless’s co-founders have concerns, they didn’t show it.

incumbents 86

incumbents development capital venture capital 86

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

TechCrunch

DECEMBER 7, 2021

It then went on to secure another $15 million in Series A funding and $40 million in Series B funding in 2019. Arturo Elizondo, founder and CEO of The EVERY Co. The Series B in 2019 was about proving the technology and now with Series C, it can bring products to market and leverage the capital to drive scale, he added.

incumbents 99

incumbents enablement technology capital 99

TechCrunch

FEBRUARY 10, 2021

Co-founder and CEO Kristy Kim came up with the concept for the company after being rejected multiple times for an auto loan while in her early 20s. So she teamed up with Dmitry Kashlev, a Russian immigrant, in January of 2019 to create a solution for other foreign-born individuals and young adults facing similar credit challenges.

incumbents 101

incumbents finance financing accelerator 101

TechCrunch

MAY 25, 2022

After emerging from stealth in 2019, Sima.ai “The funding will be used to accelerate scaling of the engineering and business teams globally, and to continue investing in both hardware and software innovation,” founder and CEO Krishna Rangasayee told TechCrunch in an email interview.

startup 95

startup accelerator incumbents disruption 95

AsiaTechDaily

JANUARY 19, 2023

Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. Willson Cuaca, Co-Founder and Managing Partner of East Ventures, said that as an early supporter of Komunal, they have witnessed the company’s growth and many achievements.

peer-to-peer 54

peer-to-peer incumbents accelerator economic growth 54

TechCrunch

DECEMBER 15, 2022

Virgio says consumers’ fashion preferences are changing rapidly and they are not satisfied with the incumbents’ offerings. Traditionally, the fashion industry has operated on depth and discount models,” said Nagaram, founder and chief executive of Virgio, in a statement. “At

startup 76

startup incumbents media finance 76

TechCrunch

JANUARY 14, 2021

The company was founded in April 2019 by Bijan Moallemi, Brian Campbell and Joe Garafalo, who worked together at Palantir in the company’s finance team for more than 15 years collectively. Mosaic founders Bijan Moallemi, Brian Campbell and Joseph Garafalo. Photos via Mosaic. Screenshot of Mosaic’s planning function.

finance 98

finance financing incumbents consulting 98

TechCrunch

FEBRUARY 23, 2023

Co-founder and CEO Chris Cochran says that the company approached H.I.G. ” 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. ” “H.I.G.

investment 92

investment investing peer-to-peer startup 92

TechCrunch

SEPTEMBER 14, 2021

Co-founders Kevin Lee and Kevin Chanthasiriphan both grew up in food families from Taiwan and Thailand, respectively, and met a decade ago while working at the same tech company. Immi is putting a healthy spin on instant ramen by going plant-based and offering more bold tastes. The company announced Tuesday that it raised $3.8

incumbents 98

incumbents collaboration capital culture 98

Haystack

DECEMBER 26, 2018

Maybe it will be 2019, or 2020 — or even 2021. A successful seed investor once remarked to me that he views “the traditional seed round” today for a good or proven founder to be akin to having a “ free first move on the chess board.” I am expecting a downturn at some point. Dreams can be fueled here.

opportunity 76

opportunity incumbents VC culture 76

TechCrunch

DECEMBER 10, 2021

Maev founder and CEO Katie Spies. Though they officially started the company in 2019, Busaba and Spies didn’t launch their first product, the raw dog food, until 2020. She worked at a startup as a product development manager, but ultimately left that behind to find a different calling. Image Credits: Maev .

incumbents 89

incumbents innovation education ventures 89

TechCrunch

AUGUST 24, 2021

million since its 2019 inception. The company wasn’t actively in the market, according to CEO and co-founder Igor Senra, but was approached by existing backer Greenoaks and other investors. It’s also notable that São Paulo-based Cora only raised its $26.7 The startup has now raised a total of $152.7

incumbents 96

incumbents capital finance financing 96

TechCrunch

APRIL 7, 2021

New Enterprise Associates (NEA) led its $20 million Series A in May of 2019. The challenger bank was created to target millennials dissatisfied with the incumbent banking options.

incumbents 98

incumbents finance financing innovation 98

TechCrunch

AUGUST 17, 2022

Including the company’s debut round of $110 million led by Pitango when it first came out of stealth mode in 2019, DriveNets has now raised just over $580 million. The funding, we should point out, is a also a measure of the faith investors have in repeat, successful founders.

networking 77

networking peer-to-peer incumbents innovation 77

TechCrunch

MAY 11, 2021

It’s raising a $30 million Series B, led by TransUnion — one of the largest incumbents in an industry that Spring Labs is looking to shake up. Spring Labs founder and CEO Adam Jiwan told TechCrunch that the two companies’ recent partnership evolved out of a series of discussions that began a couple of years ago.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

JULY 13, 2021

Strategic angel investors include Phil Bentley, CEO of Mitie, and Naman Budhdeo, co-founder and CEO of TripStack and FlightNetwork. Shoihet met his co-founder and COO Peter D. They started Marco in 2019 and now have offices in New York, Dallas and across Latin America. “Now

support 100

support finance financing funders 100

TechCrunch

JANUARY 27, 2022

The seed round is coming almost three years after NALA secured a seven-figure pre-seed round led by Accel in 2019. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share. Sheel Tyle , the founder and general partner at Amplo, will join NALA’s board, the company said in a statement.

peer-to-peer 98

peer-to-peer incumbents finance financing 98

TechCrunch

NOVEMBER 11, 2021

The company was founded in 2019 by Harrison Fugman, Alex Kost and Tim Marbach, who created a “fast fail” method to develop new foods that includes an end-to-end infrastructure that can go from idea to market in about three months. “The The Naked Market founders Alex Kost and Harrison Fugman. Image Credits: The Naked Market.

capital 86

capital incumbents venture capital enablement 86

TechCrunch

JUNE 17, 2021

Silicon Valley-based Accel led the round for Unit, bringing the company’s total raised since its 2019 inception to nearly $70 million. Founders Itai Damti and Doron Somech are no strangers to growing companies. Unit raises $18.6M to offer banking features as a service. Unit has dual headquarters in Tel Aviv and New York City.

incumbents 89

incumbents finance financing accelerator 89

TechCrunch

DECEMBER 3, 2020

Realizing that modern, complex businesses can no longer be adequately managed using spreadsheet-style programs, the founders of Pigment decided there had to be a better solution. Their business forecasting platform has now raised a substantial Series A of $25.9 million, led by Blossom Capital.

capital 50

capital incumbents creativity opportunity 50

TechCrunch

MAY 3, 2023

CEO and founder Nitin Jayakrishnan says that the new capital will be put toward expanding Pando’s global sales, marketing and delivery capabilities. This, along with the platform’s emphasis on no-code capabilities, differentiates Pando from incumbents like SAP, Oracle, Blue Yonder and E2Open, Jayakrishnan asserts.

investment 100

investment investing startup transportation 100

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. Accel actually invested in Galileo before it sold to SoFi in October of 2019. ).

incumbents 96

incumbents finance financing technology 96

TechCrunch

MARCH 2, 2022

Having worked in a luxury firm, as an investment banker at JP Morgan and her own consulting firm, Bardet decided to start Susu in 2019. Susu founders. So that’s how the story started.”. According to a few reports, the medical insurance penetration rate is less than 3% in Africa.

health 95

health startup consulting incumbents 95

TechCrunch

JANUARY 22, 2023

Snafus can happen even when incumbents and fintechs partner. Peter Hazlehurst, co-founder and CEO of BaaS startup Synctera , shares his thoughts in this TC+ article here. All this leads Eric to ask: “ With JP Morgan suing a startup founder, will 2023 be the year of accountability? How can fintech startups outlast the VC winter?

incumbents 105

incumbents media ventures financing 105

TechCrunch

DECEMBER 6, 2022

And on the incumbent side, Google’s competing for dominance with its tensor processing units (TPUs) while Amazon’s betting on Inferentia. ” NeuReality was co-founded in 2019 by Tzvika Shmueli, Yossi Kasus and Tanach, who previously served as a director of engineering at Marvell and Intel.

accelerator 95

accelerator networking incumbents support 95

TechCrunch

JANUARY 15, 2023

” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”. It looks like incumbent banks and institutions are still struggling when it comes to offering tech-enabled financial services. Funding and M&A.

incumbents 117

incumbents energy investing investment 117

TechCrunch

JANUARY 26, 2022

Adam Carmel, founder and CEO of Polly , says the company has increased its customer count by nearly 3x over the past year, including “several of the country’s top 100 lenders.”. The latest financing brings the San Francisco-based startup’s total funding raised to $50 million.

incumbents 78

incumbents finance financing SaaS 78

TechCrunch

MARCH 15, 2022

But with more and more business processes moving online, online job search is the gift that keeps on giving, and so today comes news of another portal in the space raising a big round to take on the incumbents in the space with more innovative and accurate technology. It paid $1.3

incumbents 74

incumbents education innovation technology 74