American Entrepreneurship

SEPTEMBER 22, 2023

Investor confidence in Kin continues to climb due to its unique business strategy and market focus, which have produced systematic, capital efficient growth. The post Kin lands $33M in fresh financing from investors appeared first on American Entrepreneurship Today®. (doing its reinsurance business as HSCM Bermuda), and Alpha Edison.

financing 52

financing finance incumbents entrepreneurship 52

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. Most businesses are competing with the same strategies as their competition.

SaaS 75

SaaS incumbents financing finance 75

TechCrunch

JANUARY 14, 2021

While the CEO sets strategy, messages, and builds culture, the CFO needs to know everything that it is going on in an organization. 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. Photos via Mosaic.

financing 98

financing finance incumbents consulting 98

TechCrunch

JUNE 30, 2021

Ribbit Capital led the financing, which also included participation from DST Global, NFX and Zigg Capital. Armstrong, who serves as Tomo’s chief revenue officer, previously led business strategy, product strategy and core operations for Zillow’s $1 billion buyer services business. . No doubt it has plenty of competition.

real estate 98

real estate incumbents strategy financing 98

TechCrunch

APRIL 28, 2021

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation.

incumbents 102

incumbents financing finance strategy 102

TechCrunch

DECEMBER 2, 2021

The Mexico-based startup closed the $15 million Series A round and $20 million debt financing after participating in Y Combinator’s Winter 2021 cohort. Mendel says its software gives finance teams a way to manage card transactions in real time, set granular spend rules and track spending from a central dashboard.

incumbents 90

incumbents financing finance frameworks 90

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

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 financing 76

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 The startup’s go-to-market strategy surprisingly relies less on the internet than one might expect. million since inception.

capital 98

capital incumbents education financing 98

TechCrunch

JUNE 9, 2022

We want to double down on our go-to-market strategy, and to grow market share,” Jouk Pleiter, the founder and CEO of Backbase, said in an interview. ” There are a number of other companies that have identified these same problems faced by incumbents in the financial services industry.

incumbents 78

incumbents leadership disruption strategy 78

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

JUNE 5, 2022

But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. In other words, it wants to help fintechs be in a stronger position to compete with incumbents, something it believes will benefit consumers. And elsewhere.

incumbents 96

incumbents financing finance pitching 96

TechCrunch

JUNE 22, 2022

On competition between these platforms, Adeseun said a few of these chain pharmacy incumbents, such as MedPlus and HealthPlus, are taking on a digital strategy by adding telemedicine capabilities, thus responding to the innovation that startups introduced.

investing 114

investing investment health startup 114

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. They are electronic yet manual processes that make their work very inefficient. More than 3,000 users also utilize its software.

incumbents 80

incumbents transportation collaboration consulting 80

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 finance financing 91

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.

startup 59

startup incumbents financing finance 59

TechCrunch

FEBRUARY 21, 2022

It’s one of our main user acquisition strategies where we want to double every Africans airtime and data,” Zhang said. 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.”. The last bit is play-to-earn games.

education 96

education incumbents mix-use media 96

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. As the company continues to grow, Rangel said one other area it will be considering is picking up potential smaller players that fit with its bigger strategy. “We are competing against big banks. Kulkarni is joining Novo’s board with this round.

incumbents 99

incumbents financing finance capital 99

TechCrunch

JANUARY 27, 2022

And today, Yu and Yang’s new company, San Francisco-based Vesta , is announcing it has raised $30 million in Series A financing led by Andreessen Horowitz (a16z) with participation from new investor Zigg Capital. ” “This is very contrary to the incumbents,” Yu told TechCrunch. “We

peer-to-peer 97

peer-to-peer incumbents financing finance 97

TechCrunch

MARCH 21, 2022

We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing. Traditional brick-and-mortar strategy doesn’t transfer over to e-commerce, but the old way with spreadsheets and human-driven operations don’t scale.

capital 89

capital startup enablement incumbents 89

TechCrunch

SEPTEMBER 20, 2022

But a new startup, DynamoFL , hopes to take on the incumbents with a federated learning platform that focuses on performance, ostensibly without sacrificing privacy. Tech giants, including Nvidia (via Clara ), offer federated learning as a service. The startup has four employees currently, with plans to hire 10 by the end of the year.)

incumbents 74

incumbents frameworks health financing 74

TechCrunch

SEPTEMBER 7, 2021

— a strategy that has been in the works for a while. That means there is long-term value in improving loyalty and keeping those customers for many years to come. Alongside that, Marshmallow will also use the funding to inch closer to its plan to expand to markets outside of the U.K. “They are big companies and stuck in their ways.

incumbents 87

incumbents technology startup strategy 87

Y Combinator

AUGUST 30, 2021

In the long run, software platforms have the potential to be much larger than traditional incumbents. Upon digging deeper, the founders realized that incumbent providers were overly complex, and more manual than necessary. With its software up and running, Gusto needed to figure out its go-to-market strategy.

incumbents 92

incumbents peer-to-peer health opportunity 92

TechCrunch

JANUARY 26, 2022

The latest financing brings the San Francisco-based startup’s total funding raised to $50 million. While it invested mostly on its product in 2021, it plans to put some of its new capital toward its go to market strategy while continuing to be “heads down focused on product.”

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

AUGUST 29, 2022

“We strongly believe that the way is not just by latching banking-as-a-service on a payments platform, but there has to be proper banking as a service platform built with the right infrastructure and go-to-market strategy.

startup 93

startup incumbents financing finance 93

TechCrunch

JUNE 14, 2021

Brazil’s banking system is a massive market, and one ill-served by incumbents. Those rates are many multiples higher compared to figures in neighboring countries.

incumbents 99

incumbents pitching strategy disruption 99

Haystack

JULY 20, 2018

More recently, this trend has shifted a bit within the Bay Area, which today’s giants like Uber, Airbnb, and Stripe being built in San Francisco proper while incumbents down south have begun scooping up premium commercial real estate in the city. Raise here, but deploy elsewhere” is not a crazy strategy in today’s times.

investing 116

investing investment venture capital peer-to-peer 116

TechCrunch

MARCH 15, 2021

Zeller was founded last year by Ben Pfisterer, Square’s former Asia Pacific and Australia head, and Dominic Yap, its strategy and growth lead. The startup previously raised a $6.3 million AUD (USD $4.9 million) seed round in June 2020. It has made 38 new hires over the past six months, growing its team to 50 people.

incumbents 83

incumbents hospitality financing finance 83

TechCrunch

MARCH 10, 2022

“The investment builds on our strategy of backing best-in-class businesses and management teams,” Lise Kaae, the CEO of Heartland, said in a statement when the first tranche was announced. ” “But we believe we can build a massive business on that smaller market.” ”

incumbents 95

incumbents strategy capital culture 95

TechCrunch

JANUARY 22, 2023

Snafus can happen even when incumbents and fintechs partner. Chief corporate development and strategy officer Greg Orenstein will move into its CFO seat.” Reports Fintech Finance News: Turkish fintech company “ Papara. The relationship between incumbents and upstarts has long been a complicated one.

incumbents 105

incumbents media ventures financing 105

TechCrunch

AUGUST 7, 2022

Bob Ruark, principal and banking and fintech strategy leader for KPMG US, noted that pricing is difficult now given the rapid decline in valuations. Apple alum’s finance operations startup Bluecopa raises funds to expand globally. Specifically, it said, in Q2 2022, “ VC investment in fintech companies fell 17.8%

real estate 106

real estate VC mix-use opportunity 106

Haystack

MAY 4, 2019

You will see we made a lot of seed investments — yes, that was a part of the strategy. You will see the majority are in the Bay Area, and then New York City, and a bit more around LA and Seattle — and things get really scattered.

incumbents 87

incumbents culture transportation investment 87

TechCrunch

APRIL 8, 2022

Today’s investment showcases, if anything, how important Axie’s precedent is to the development of the broader ecosystem – and how willing VCs and crypto incumbents are to bend over backward to make sure it succeeds.”. “Our engineers are excited about this move,” said Pellisé. .

transportation 88

transportation venture capital incumbents hospitality 88

TechCrunch

FEBRUARY 8, 2022

Thndr, launched in late 2020 by Ahmad Hammouda and Seif Amr , is filling the gap by making it easier to open and manage investment accounts, consequently replacing traditionally slow and outdated processes by incumbents. The first investment that 75% of our users have done was with less than $500.

investment 99

investment investing ventures incumbents 99

TechCrunch

SEPTEMBER 13, 2021

It also helps the finance team understand expenses, including which are valid and those that are not.”. We also provide analytics for their strategy and where they should be spending it — which store, on which supply. You can see how messy the whole industry is, which is why we have a bright future and huge TAM,” he added.

startup 80

startup incumbents development capital 80

Tomasz Tunguz

JANUARY 18, 2023

This is called a suite strategy: Zoho published a history of the 2-4 product launches per year, which illustrates the idea. In a recent podcast, Parker Conrad champions the suite strategy, also called a compound company. Today, new startups have to compete with a cloud-native incumbency. Constellation Software.

strategy 125

strategy SaaS incumbents startup 125

TechCrunch

MARCH 29, 2022

Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. ” Founders : Tobi Ololade, the CEO, was the chief technological officer of TradeBuza, a data and API infrastructure for agriculture finance. Robert Nyangate is the company’s CTO.

startup 91

startup hospitality health finance 91