TechCrunch

JANUARY 25, 2021

For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index. For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index.

incumbents 139

incumbents accelerator finance financing 139

abovethecrowd.com

JUNE 17, 2014

First, they believe that the current offerings from the financial incumbents are lacking. Regulation becomes the friend of the incumbent in highly regulated industries through a process known as regulatory capture. Finance government stimulus Internet Payment Regulation Uncategorized Venture Capital Disruption payments wealthfront'

disruption 83

disruption finance financing incumbents 83

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. This did not happen by magic. expectations.

peer-to-peer 103

peer-to-peer incumbents finance financing 103

TechCrunch

MARCH 4, 2022

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.

real estate 97

real estate finance financing incumbents 97

TechCrunch

JULY 13, 2021

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.

support 100

support finance financing funders 100

TechCrunch

JANUARY 14, 2021

Worse, CFOs are expected to be more strategic than ever about finance, but can struggle to deliver important forecasts and projections given the lack of availability of key data. Mosaic is a “strategic finance platform” that is designed to ingest data from all sorts of systems in the alphabet soup of enterprise IT — ERPs, HRISs, CRMs, etc. —

finance 98

finance financing incumbents consulting 98

TechCrunch

SEPTEMBER 8, 2021

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.

strategy 95

strategy incumbents VC disruption 95

TechCrunch

JUNE 6, 2022

” Ivella isn’t just competing with the theory of joint accounts pushed by incumbent banks, but also venture-backed startups seeking a multiplayer fintech world. Many standard joint accounts just give every user entire access to other users’ finances, while Zeta wants to give folks a more flexible way to share money.

peer-to-peer 117

peer-to-peer finance financing incumbents 117

AsiaTechDaily

OCTOBER 15, 2022

Register Indonesian open finance platform Ayoconnect has raised an additional $13 million in its Series B funding round, bringing the total amount it raised to date to $43 million. Founded in 2016, Ayoconnect is Southeast Asia’s largest Open Finance API platform.

incumbents 59

incumbents startup finance financing 59

TechCrunch

APRIL 3, 2022

billion in an all-stock deal that was a reflection of its continued push into consumer finance. It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g. TechCrunch last reported on Fast in January of 2021, when the startup raised a $102 million Series B financing led by Stripe.

startup 110

startup finance financing incumbents 110

TechCrunch

AUGUST 10, 2021

Northwestern Mutual Ventures, Silicon Valley Bank, M25, Fiat Ventures and Invest Nebraska also participated in the financing. Lisa Dolan, managing director at Link Ventures, said she found the company while examining web traffic data, where Breeze was listed among industry incumbents among consumers searching for disability.

incumbents 99

incumbents health education ventures 99

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

JANUARY 14, 2021

Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. Sennder competes with large incumbents like Wincanton and CH Robinson, as well as other startups such as OnTrac and Instafreight. The European logistics and freight sector has a market size of $427 billion.

incumbents 118

incumbents transportation sustainability finance 118

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.

finance 96

finance financing incumbents venture capital 96

Andreessen Horowitz

AUGUST 30, 2023

Popularized by Michael Milken at Drexel Burnham Lambert, the invention wasn’t all that complicated: issue bonds with very high interest rates and correspondingly high risk, and use that capital to finance the wholesale acquisition of mismanaged, inefficient, and sclerotic companies. billion, against almost $2.8

opportunity 91

opportunity incumbents financing finance 91

TechCrunch

DECEMBER 15, 2021

Its aim is to “finance consumption for Brazilians in a healthy way.” “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. It also aims to allow its customers to access over $616 million in financing in 2022. .

incumbents 80

incumbents startup finance financing 80

TechCrunch

NOVEMBER 30, 2022

Today, Teampay has hundreds of customers and significant venture capital financing behind it. “Enterprises crave control and visibility over the finances, and this not only helps the IT department, but [also] enables all departments to make better aligned business decisions,” he added. It seems that his thesis was correct.

economic environments 86

economic environments incumbents finance financing 86

TechCrunch

OCTOBER 1, 2021

million seed financing in the summer of 2020. Their goal was to create a strategic finance platform for the enterprise that had the look and feel of a consumer offering. So Singh ended up assembling a 10-person “shadow finance and ops team” to get “the right information at the right time.”. Talk about validation.

finance 98

finance financing incumbents collaboration 98

TechCrunch

MAY 23, 2022

Recently, there’s been rapid digitization of this market , with several startups upending incumbents such as classifieds and hoping to define the new era of used-car-sale platforms. According to the founders, Sylndr also plans on providing seven-day money back guarantee, warranty and availing flexible financing options to users.

disruption 99

disruption finance financing venture capital 99

Both Sides of the Table

NOVEMBER 4, 2010

The thesis of the book is that incumbents in markets – especially large and well entrenched markets – seldom survive fundamental technology changes in their industries. It should affect how you think if you are an incumbent but also if you’re a startup. Let’s start with the incumbents position in a market.

incumbents 376

incumbents disruption frameworks innovation 376

TechCrunch

APRIL 6, 2021

D1 Capital Partners led the financing, with participation from Tiger Global and Investment Group of Santa Barbara (IGSB), the company said. “The pandemic accelerated OneStream’s business given that it was a wake-up call for many companies that had not digitally transformed their key finance processes,” said Koefoed.

finance 69

finance financing incumbents enablement 69

TechCrunch

MAY 12, 2021

The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes. incumbents. “It While the majority of transactions are still done in cash, there are still over a billion cards in the region.

incumbents 107

incumbents finance financing ventures 107

TechCrunch

MARCH 2, 2022

million in debt and grant financing from BPI France , the French government’s public investment bank. In addition to allowing patients to finance their bills, Susu proposes a collective financing solution where family members living locally or in the diaspora can also help patients finance their monthly subscription fees via care bundles.

health 95

health startup consulting incumbents 95

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 finance financing 84

TechCrunch

JANUARY 26, 2022

The latest financing brings the San Francisco-based startup’s total funding raised to $50 million. Impressed with Polly’s traction even at that point, the firm still participated in that financing with a smaller check and stayed close to the company. “

incumbents 78

incumbents finance financing SaaS 78

TechCrunch

NOVEMBER 23, 2021

Column Tax’s software differs from that of incumbents like TurboTax and H&R Block in that it is mobile-only and will be embedded into a customer’s existing bank account, allowing for year-round integration that the company says will cut down users’ time spent on tax prep.

incumbents 76

incumbents advice education finance 76

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 financing finance 97

TechCrunch

AUGUST 29, 2022

PostEx provides services like upfront payments in a country where more than 90% of e-commerce payments are still completed in cash, and revenue-based financing for e-commerce sellers and SMEs. This acquisition makes PostEx the largest e-commerce service provider in the market, showing the potential of startups for challenging incumbents.

incumbents 99

incumbents sustainability collaboration finance 99

TechCrunch

MARCH 16, 2021

On banking competitors, Ikigai’s founders argue that existing incumbents and challengers both have “significant” failings. . “Not only do they expect faster, fairer and better experiences, they have specific expectations and demands that current financial providers just don’t meet.

incumbents 109

incumbents consulting collaboration financing 109

Both Sides of the Table

MAY 28, 2018

So it’s incumbent on you to know what a smart business plan and use of cash looks like. Most VCs lead one round of financing in your company and are looking for other VCs to lead subsequent rounds. Will these milestones be enough that a VC would pay a higher price in the next round of financing? That’s what’s called a “soft no.”

VC 247

VC capital finance financing 247

TechCrunch

OCTOBER 13, 2022

A flurry of fintechs emerged in hope of meeting that demand while incumbent banks clamored to step up their own digital games. The financing brings NorthOne’s fundraising total to $90.3 Ultimately, the company’s goal is to give its business the “control, clarity and confidence” they need to better manage their finances.

capital 98

capital incumbents education finance 98

TechCrunch

MAY 19, 2022

I had a catastrophic relationship with incumbent banks.”. In February, Neon raised a $300 million Series D financing that valued the company at $1.6 Every time we hire senior management from incumbents, they ask why we’re not going after premium clients, who might have better margins. We’re a purpose-driven company.

incumbents 86

incumbents financing finance education 86

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. São Paulo-based Pismo is one of those infrastructure providers.

incumbents 96

incumbents finance financing technology 96

TechCrunch

MAY 8, 2022

Led by Lindsay Holden, the startup had raised more than $20 million in funding and had built a gamified finance mobile app that aims to help people “save, learn and engage” with their finances. In other words, incumbents in some cases need fintechs even as they compete with them. million in a round led by Firebrand Ventures.

real estate 87

real estate finance financing venture capital 87

Tomasz Tunguz

OCTOBER 21, 2017

Venture capitalists have financed many of those businesses. Those venture dollars have financed a panoply of competition. Incumbent client/server technologies have lost their market dominance to new incumbents. Salesforce was founded in 1999. Since then, many major categories of software have been saasified.

SaaS 73

SaaS incumbents finance financing 73

TechCrunch

MARCH 4, 2022

To learn more, we put questions to Arjun Kapur , a managing director at Comcast’s Forecast Labs; Andrés Saborido , a global director at Telefónica’s Wayra; and Serge Tanjga , a finance exec at MongoDB, a company that recently put together its own venture capital arm. The Exchange explores startups, markets and money.

capital 83

capital venture capital incumbents creativity 83

TechCrunch

JUNE 30, 2021

Ribbit Capital led the financing, which also included participation from DST Global, NFX and Zigg Capital. And it’s because the incumbents have no reason to fundamentally change.”. That’s a massive seed round by any standards (the third-largest in the U.S., No doubt it has plenty of competition.

real estate 98

real estate incumbents strategy finance 98