Remove 2020 Remove financing Remove incumbents
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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

In 2020, all the long-term trends forcing change in this sector continued and even accelerated. Public fintech stocks rose 97% in 2020. For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index. Second, liquidity.

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Digital road freight forwarder Sennder raises $160M Series, plans European expansion

TechCrunch

Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. In June 2020 it merged with French competitor Everoad, and acquired Uber Freight’s European business last September. Sources say Hedosophia may be the unnamed growth investor, although Sennder declined to comment.

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Monzo Makes Money Work For Everyone

Y Combinator

In April 2020, British banking startup Monzo’s revenue fell by almost 50%. 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. When they joined, Monzo was generating $69M in revenues (in April 2020). expectations.

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The Truth About the Scooter Economy?—?An Insider’s Perspective

Both Sides of the Table

This is only true when: 1) there is funding available to finance short-term losses and 2) when there is a lucrative positive unit-economics business when you become the winner. You can’t simply drop a bunch of electric scooters in a market and hope to compete with the data and software advantages of the incumbents.

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Debt versus equity: When do non-traditional funding strategies make sense?

TechCrunch

This works for some, but too often founders find themselves diluting their equity to unrecoverable portions rather than considering other financing options that allow them to hold on to their company — options like debt capital. People tend to think that category creation is less risky than incumbent disruption.

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

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.

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Keyway secures funding to buy property from small business owners and lease it back to them

TechCrunch

Keyway , a startup that buys property from small and medium-sized business owners and then leases it back to them, has secured $70 million in debt financing on the heels of a $15 million equity raise. And 20% of transactions fall through because the buyer didn’t have guaranteed financing.” commercial real estate value.