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

APRIL 20, 2021

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

incumbents 106

incumbents consulting disruption SaaS 106

Both Sides of the Table

APRIL 18, 2019

If you read Reid Hoffman’s important book, “ Blitzscaling ” you’ll realize that in some markets that are large, global and being disruptive sometimes being first to global scale can be more important than short-term unit economics. Last year I pointed out that software would help build competitive moats and we’re already seeing that.

transportation 250

transportation incumbents disruption finance 250

TechCrunch

MAY 25, 2022

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. He has a deep history of investing in deep tech startups that have gone on to disrupt industries across AI, data, semiconductors, among others.”

startup 95

startup accelerator incumbents disruption 95

TechCrunch

JUNE 9, 2022

Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their businesses with fresher approaches and newer technologies. We want to be closer to companies’ larger digital transformation programs.”

incumbents 78

incumbents leadership disruption strategy 78

TechCrunch

OCTOBER 21, 2021

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. The startup was founded earlier this year to build a fintech-as-a-service platform for Latin America.

financing 96

financing finance incumbents venture capital 96

TechCrunch

JUNE 3, 2022

Entrepreneurs saw this as an opportunity to disrupt incumbents, and soon there were lofty claims that everything about the industry was about to change. Many like to refute the underlying disruption by pointing to public valuations of insurtech firms, some of which are down as much as 85%-90%.

incumbents 93

incumbents disruption pitching ventures 93

TechCrunch

JUNE 9, 2022

General Atlantic doubled down on Klar , leading its latest financing in addition to its $70 million Series B last July. 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. he told TechCrunch.

incumbents 97

incumbents opportunity finance financing 97

TechCrunch

JANUARY 22, 2021

The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. The end-to-end approach makes the most sense when disrupting very large markets. At their core, these companies are facilitators, matching consumer demand with existing supply of a product or service.

real estate 144

real estate incumbents health disruption 144

TechCrunch

AUGUST 4, 2022

The financing marks the company’s first ever institutional funding. In a nutshell, Geopagos feels it is in the ideal position of being able to serve as the software enabler that can retrofit incumbents like large banks and launch the enablers like fintechs. Endeavor Catalyst also participated in the financing.

startup 84

startup incumbents financing finance 84

TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. Ascend is offering point-of-sale financing to enable insurance brokers to break up those commercial payments into monthly installments. Ascend on Wednesday announced a $5.5 Ascend app.

financing 83

financing finance incumbents disruption 83

Both Sides of the Table

MAY 17, 2017

I’ve been involved with several startups where a giant incumbent attacks you and tries to sue you out of existence. And the giant gets disrupted precisely because its cost structure to serve its customers and its cash cow, high-priced offering makes it nearly impossible for it to try compete. And what prompted this lawsuit?

funders 254

funders innovation disruption incumbents 254

TechCrunch

JANUARY 7, 2021

It will be interesting to see how newer entrants in the SaaS banking-platform space disrupt what are, effectively, becoming incumbents in their own right: Mambu is now approaching 10 years old (it was founded in 2011). That could lead to consolidation, too.

SaaS 126

SaaS incumbents opportunity disruption 126

TechCrunch

FEBRUARY 2, 2022

It also plans to soon offer embedded finance products. Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. . And in January, fulfillment is up 20% compared to November of 2021. So, just how does it work?

enablement 97

enablement startup incumbents transportation 97

Y Combinator

DECEMBER 8, 2021

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. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. This did not happen by magic.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

TechCrunch

JULY 7, 2021

When Daniel Simon sold Bread , a consumer purchase finance and payments startup he’d co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup.

founder 98

founder startup incumbents financing 98

TechCrunch

SEPTEMBER 7, 2021

” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents. Wave, however , wants to disrupt it. Whereas the incumbents mostly focus on USSD (although there are provisions to use applications), Wave is solely app-based.

investing 124

investing investment incumbents networking 124

TechCrunch

JULY 12, 2022

With a large population, Pakistan is geographically smaller, well-connected with fewer provinces, has lower regulatory barriers and doesn’t have strong incumbents,” Khurshid, who is originally from Pakistan, said via email. Catherine Shu reported on C2 Ventures ’ second $20 million fund targeting startups disrupting legacy industries.

venture capital 92

venture capital VC capital ventures 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 growth of e-commerce and other services on digital platforms has further spurred that trend. ClearBank describes itself as the first clearing bank to have launched in the U.K.

incumbents 79

incumbents enablement disruption innovation 79

TechCrunch

MAY 12, 2022

The company is not disclosing valuation but CEO Todd Clyde confirmed it was up compared to its previous financing. Some will still need financing and credit alternatives. I mentioned credit to Clyde: not every consumer wants to or can pay for goods in cash today, so why would they be able to do so in A2A?

incumbents 81

incumbents financing finance innovation 81

TechCrunch

MAY 11, 2021

A number of fintechs have popped up as of late aiming to disrupt the traditional model of evaluating an individual’s creditworthiness. 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 is one of them.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

JUNE 14, 2021

Brazil’s banking system is a massive market, and one ill-served by incumbents. McCarthy, who spent significant time in Brazil growing up and is trilingual in English, Spanish and Portuguese, has been covering the LatAm and Miami ecosystems for TechCrunch with an eye to the disruption underway in these interconnected regions.

incumbents 99

incumbents pitching strategy disruption 99

TechCrunch

NOVEMBER 19, 2021

This is a huge business, typified by incumbent behemoths like Lloyd’s of London, who in theory mitigate the risk insurance companies face when they get the formula wrong. “As a homeowner, if my home burns down I’ll get its value back. That can be a truly life changing thing.”

incumbents 79

incumbents capital disruption technology 79

TechCrunch

SEPTEMBER 18, 2022

This is particularly interesting because many of the existing corporate card players often point to Concur as an incumbent that they are trying to replace. FIS has launched Worldpay for Platforms, an embedded finance solution aimed at SMBs. These companies, of course, join a plethora of others in the U.S. See you next week!

real estate 82

real estate incumbents opportunity founder 82

TechCrunch

JANUARY 16, 2021

At Qumra, we get excited about companies that disrupt traditional industries while doing good and improving quality of life. Our portfolio includes some great examples such as Fiverr that has disrupted the labor market by unlocking the global talent pool, or Talkspace, which is providing access to therapy to all. are at risk.

startup 141

startup mix-use SaaS opportunity 141

Y Combinator

APRIL 26, 2021

Even with $125K from YC and $1–2M in venture funding, a startup’s credit limit is still likely to tap out at $20K from an incumbent creditor—which is not nearly enough to cover software, marketing, and other expenses. incumbent offerings which only offered end-of-month reconciliation). As Brex has scaled, so have their customers.

incumbents 130

incumbents financing finance enablement 130

Both Sides of the Table

FEBRUARY 13, 2011

We look at huge markets where there are large incumbents that might not be incented to innovate or react to what they perceive as an insurgent. That’s why Revolution was so supportive of Revolution Money, which sought to break up the troika that controls consumer finance. I run Revolution’s VC investments.

founder 277

founder venture capital media strategy 277

TechCrunch

JULY 25, 2022

It’s been on the lips of a growing number of investors on the hunt for disruptive opportunities blockchain-based technologies can offer. Blockchain is at its most powerfully disruptive when it supplies the missing link. can repair the attention-driven digital economy. What’s your web3 strategy?

frameworks 91

frameworks founder incumbents disruption 91

TechCrunch

NOVEMBER 12, 2020

Most immediately, Verdon says it allowed several million card holders to continue to operate their cards, “and customers could remain in business with minimal disruption” Railsbank is buying Wirecard Card Solutions, the UK arm of the disgraced fintech. and Europe and helps protect the reputation of the fintech industry.

incumbents 115

incumbents disruption pitching capital 115

Tomasz Tunguz

APRIL 1, 2013

What kinds of moves are the incumbents making and how they change the market? How might a startup disrupt this market? Financing plan : What are the major buckets of expenditures? Market Size Validation : The first thing is to verify market size and whether it foots with the data the company presented.

VC 41

VC startup pitching incumbents 41

TechCrunch

APRIL 14, 2022

But Amy Spurling, the CEO of Compt, makes the case that incumbent solutions are overly reliant on vendor marketplaces or benefits cards, which limit the ways in which employees can use their perks. Spurling was previously the COO and CFO at Jana, a mobile advertising company, where she managed HR and finance teams.

incumbents 87

incumbents transportation support financing 87

TechCrunch

JULY 13, 2022

The company is disrupting the mobile money industry dominated by banks and telcos with its app-based solution, cheaper fees and QR-based tech. And despite its continuous squabble with these incumbents due to eating into their market share, Wave claims to serve over 10 million users monthly across its operating markets.

incumbents 98

incumbents disruption capital venture capital 98

Tomasz Tunguz

MARCH 5, 2013

Freemium businesses disrupt incumbents by dramatically reducing the costs of customer acquisition. The paid product features satisfy the needs of accountants and company finance teams, not end users. Both of these challenges arise when the pricing model is applied to end users, instead of the right target, the manager.

incumbents 40

incumbents SaaS disruption communities 40

TechCrunch

AUGUST 7, 2022

has a legacy, centralized financial infrastructure that needs to be disrupted and re-imagined by fintechs with blockchain technology. ” Also in the report: “Exits have also stalled as IPO activity grinds to a halt, and analysts expect fintech startups will attract the attention of incumbents looking for M&A opportunities.”

real estate 106

real estate VC mix-use opportunity 106

TechCrunch

JANUARY 29, 2021

Since the pandemic disrupted the social rhythms of work and school, many of us have compensated by changing our relationship to digital media. Rapid shifts in the way we buy goods and services disrupted old-school marketplaces like local newspapers and the Yellow Pages. End-to-end operators are the next generation of consumer business.

VC 107

VC founder media education 107

TechCrunch

FEBRUARY 19, 2021

COVID-19 disrupted virtually every sector of the transportation industry. COVID-19 disrupted virtually every sector of the transportation industry. We’d love to see better debt financing for electric vehicle companies. If the debt markets line up to finance these at scale, it could be a nice win-win.

transportation 119

transportation innovation accelerator construction 119

TechCrunch

FEBRUARY 21, 2022

Experts say Africa is poised to be disrupted by web3 in a similar fashion that has seen Southeast Asia become one of the best markets for web3. Many web2 incumbents or even web3 are having a $100-200 user acquisition costs so we can lower that by order of magnitude by directly incentivizing the end-user.”. million in seed funding.

education 96

education incumbents mix-use media 96