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 103

peer-to-peer incumbents financing finance 103

TechCrunch

SEPTEMBER 1, 2022

And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. Infrastructure providers can help connect fintech companies with incumbent banks so that they can both reap the benefits of the interest rate environment.

incumbents 92

incumbents opportunity enablement innovation 92

Andreessen Horowitz

AUGUST 30, 2023

There are really three investable opportunities in the category of “known knowns”: Sell software to incumbents Compete with incumbents, with generative AI at the core Buy incumbents and remake them with AI—what a “generative AI” KKR would be doing Think about Rocket Mortgage, with thousands of mortgage brokers and 2022 net revenues of $5.8

opportunity 91

opportunity incumbents financing finance 91

TechCrunch

JUNE 21, 2021

And if you want to build one in a sector crowded by both incumbent companies and richly funded startups, it can be super expensive. Investors have proven more than willing to fund huge investments in growth and product at many neobanks, leading to steeply negative operating results at the unicorns. — Alex.

incumbents 99

incumbents startup investing investment 99

TechCrunch

JANUARY 7, 2021

Mambu has been seeing 100% growth year-on-year, but notably, Mambu covered 50 markets when it last raised money, €30 million in 2019 , so you can argue it has some investing and expanding to do on that front. Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools. That could lead to consolidation, too.

SaaS 126

SaaS incumbents opportunity disruption 126

TechCrunch

SEPTEMBER 6, 2022

Founded initially back in 2015, Santa Barbara, California-based Bitwarden operates in a space that includes well-known incumbents such as 1Password, which recently hit a $6.8 “Most importantly, we aim to continue to serve all Bitwarden users for the long haul.”

incumbents 99

incumbents VC investing investment 99

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 financing finance 80

TechCrunch

JUNE 16, 2021

It will also use the investment to continue building out its technology, specifically to help build out better, AI-based techniques of processing and parsing pictures that are taken on smartphones — by their nature small in size. ” Customers that have integrated with Tractable to date include Geico in the U.S.,

incumbents 115

incumbents opportunity technology board 115

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

FEBRUARY 10, 2021

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. Today, Tomo announced a $7 million seed funding round that included participation from a slew of investors including KB Investment Inc.

incumbents 101

incumbents financing finance accelerator 101

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. Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools.

incumbents 87

incumbents hospitality collaboration enablement 87

TechCrunch

MAY 25, 2022

After emerging from stealth in 2019, Sima.ai today closed a $30 million additional investment from Fidelity Management & Research Company with participation from Lip-Bu Tan (who’s joining the board) and previous investors, concluding the startup’s Series B. .

startup 95

startup accelerator incumbents disruption 95

TechCrunch

JUNE 9, 2022

In total, the company has raised over $150 million in equity funding since its 2019 inception. 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. WTI provided $20 million in venture debt, Möller said.

incumbents 97

incumbents opportunity financing finance 97

TechCrunch

AUGUST 17, 2022

This Series C is being led by D2 Investments, a new investment fund with LPs from the U.S. and United Emirates; and existing backers Bessemer Venture Partners, Pitango, D1 Capital, Atreides Management, and Harel Insurance Investments & Financial Services are also participating.

networking 77

networking peer-to-peer incumbents innovation 77

TechCrunch

MAY 11, 2021

Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. 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.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

DECEMBER 7, 2021

First the company, formerly known as Clara Foods, secured a deal in April with BioBrew , an investment of AB InBev’s investment arm, ZX Ventures, to brew its animal-free protein at scale. The investment was co-led by new investor, McWin, and existing investor, Rage Capital. We profiled the company back in 2015 when it raised $1.7

incumbents 99

incumbents enablement technology capital 99

TechCrunch

APRIL 26, 2022

Investors other than WeRide and Pony include Japan’s SPARX, Singapore’s Pilgrim Partners Asia, as well as government-affiliated funds Guangzhou Industrial Investment and Capital Operation, Lingnan Commerce and Trade Tourism, and Guangzhou Industrial Control.

transportation 90

transportation incumbents financing finance 90

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

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. “Most companies that can leverage AI don’t have the funds nor the huge R&D that Amazon, Meta and other huge companies investing in AI have. .

accelerator 95

accelerator networking incumbents support 95

TechCrunch

DECEMBER 15, 2022

Virgio says consumers’ fashion preferences are changing rapidly and they are not satisfied with the incumbents’ offerings. Scores of other entrepreneurs — including Mukesh Bansal, Kunal Shah, Binny Bansal, Bhavesh Agarwal, Vidit Aatrey, Saif Ali Khan, Sriharsha Majety, and Sameer Nigam — also invested in the round.

startup 76

startup incumbents media financing 76

TechCrunch

JUNE 29, 2022

According to a 2019 report from Credit Karma , 46% of taxpayers expected to get refunds of more than $1,000 for their 2019 taxes — meaning they were overestimating their income taxes throughout the year. ” Countless vendors offer online tax prep services, including incumbents like TurboTax and H&R Block.

incumbents 87

incumbents financing finance advice 87

TechCrunch

AUGUST 24, 2021

million since its 2019 inception. For its part, Patrick Backhouse of Greenoaks Capital believes that Brazil has an “enormous” SME economy that has historically been “underserved by incumbent banks.”. 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 financing finance 96

AsiaTechDaily

JANUARY 19, 2023

Register Komunal has announced that it secured new investments amounting to $8.5 Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet?

peer-to-peer 54

peer-to-peer incumbents accelerator economic growth 54

TechCrunch

DECEMBER 10, 2021

Though they officially started the company in 2019, Busaba and Spies didn’t launch their first product, the raw dog food, until 2020. During that time, the company has been growing both its revenue and customer bases, investing in supply chain and solidifying its innovation. Maev founder and CEO Katie Spies. Image Credits: Maev .

incumbents 89

incumbents innovation education ventures 89

TechCrunch

NOVEMBER 11, 2021

million of Series A investment, led by Integrated Capital, to continue developing its line of healthier food brands. He notes that customer preference toward more healthier snacks over the past decade are giving companies, like his that are investing in R&D, a seat at the table.

capital 86

capital incumbents venture capital enablement 86

Entrepreneurs' Organization

APRIL 12, 2019

In today’s Octane blog, we bring EO members and non-members alike behind the scenes of 2019 EO Global Leadership Conference Macau (GLC), profiling Leonard Brody, one of the event’s carefully selected speakers who is known as “a leader of the new world order.” Along with new competition comes new opportunity.

disruption 130

disruption incumbents leadership innovation 130

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. It also plans to invest in sales and go-to-market strategy.

incumbents 96

incumbents financing finance technology 96

TechCrunch

SEPTEMBER 14, 2021

“My dad still eats instant ramen each night, and it is such a massive market: 4 billion packets are sold per year, but it is also a product that has been dominated by the same three incumbents for years.”. Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years. billion of value in the U.S.

incumbents 98

incumbents collaboration capital culture 98

TechCrunch

JULY 13, 2021

Spradling through the Antler accelerator, a Singapore- and New York-based early-stage investment and advisory services program that connects entrepreneurs and tech operators to launch new businesses. They started Marco in 2019 and now have offices in New York, Dallas and across Latin America. Shoihet met his co-founder and COO Peter D.

support 100

support financing finance funders 100

TechCrunch

NOVEMBER 16, 2022

Today, Akeyless is thriving, Angel tells me — despite fierce competition from incumbents like Hashicorp Vault, AWS Secrets Manager and Google Cloud’s Secret Manager. Venture capital investments in security startups eclipsed $13 billion this year, according to PitchBook data, up from $11.47 billion in 2020.

incumbents 86

incumbents development capital venture capital 86

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

MARCH 2, 2022

million in debt and grant financing from BPI France , the French government’s public investment bank. 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. So that’s how the story started.”. Susu founders.

health 95

health startup consulting incumbents 95

TechCrunch

MAY 11, 2022

In 2019, Barclays Bank and Bold Capital Partners co-led a $5.5 With this latest investment, Crowdz and Citi plan to collaborate based on that goal of giving SMEs “rapid and efficient access to the working capital needed to keep their businesses running.” million Series A funding round for Crowdz. million. . “A

financing 98

financing finance funders SaaS 98

TechCrunch

MARCH 16, 2023

But one of the more successful vendors is Cast AI , which today announced that it raised $20 million in an investment led by Creandum with participation from unnamed existing investors. We will also invest in other features to help our customers with ‘day-two’ operations, like monitoring, testing and alerting.

incumbents 98

incumbents investing investment opportunity 98

TechCrunch

NOVEMBER 23, 2021

The investment comes as the startup is ramping up efforts to expand into the U.S. Part of the investment will be used to hire more staff in South Africa and support the commercial expansion to the U.S. from 2019 to 2025, according to a report by Grandview Research. and double down on marketing, sales and account management.

incumbents 90

incumbents disruption opportunity enablement 90

TechCrunch

MARCH 21, 2022

He exited the company to Lowe’s in 2019. As part of the investment, Priya Saiprasad, partner at SoftBank Investment Advisers, is joining CommerceIQ’s board of directors. “E-commerce reported this month that $51 billion of venture capital was invested into U.S. London & Partners and Dealroom.co

capital 89

capital startup enablement incumbents 89

Haystack

DECEMBER 26, 2018

There are many reasons for that, such as private equity and crossover investors investing earlier, or the fact that LPs in VC funds are affected by public market swings and could, theoretically, hit some VC firms to feel the pinch. Maybe it will be 2019, or 2020 — or even 2021. I am expecting a downturn at some point.

opportunity 76

opportunity incumbents VC culture 76