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. Much of this can trickle down into the startup ecosystem. I am expecting a downturn at some point.

opportunity 76

opportunity incumbents VC culture 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 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 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

TechCrunch

DECEMBER 7, 2021

What’s really impressive with this round is that it is primarily financed by existing investors,” Lydia co-founder and CEO Cyril Chiche told me. But now, many VC firms have raised huge funds. If a portfolio company is doing well, VC firms now usually want to double down on their previous investment. Times are changing.

peer-to-peer 83

peer-to-peer incumbents VC finance 83

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

AUGUST 24, 2021

million Series A round — led by Silicon Valley VC firm Ribbit Capital — in early April. 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

incumbents 96

incumbents capital finance financing 96

TechCrunch

JUNE 29, 2022

April users connect their payroll, bank statements, mortgage, prior year’s tax return and other finance apps to the platform and then tell April about significant tax events over the past year (e.g., ” Countless vendors offer online tax prep services, including incumbents like TurboTax and H&R Block. moving to another state).

incumbents 87

incumbents finance financing advice 87

TechCrunch

FEBRUARY 1, 2022

Despite a roughly 30% draw-down in the last months of 2021, the Matrix Fintech Index continued to beat the broader market as well as incumbent financial service companies. VC funding into private fintech companies crossed $134 billion in 2021, rising by 177% from a year earlier, according to Crunchbase.

incumbents 107

incumbents VC accelerator investment 107

TechCrunch

SEPTEMBER 8, 2022

One reason it attracts the most VC dollars is how expensive building a fintech product can be when factors such as integration, compliance and licensing are considered. Fintech is Africa’s hottest startup segment, and startups here make up the largest percentage of any typical YC cohort — in this case, five out of eight are fintechs.

startup 81

startup incumbents accelerator finance 81

TechCrunch

JULY 14, 2021

Other investors include the owners and management of the Phoenix Suns and Boston Celtics and existing backers such as Accomplice and Pear VC. The financing brings the two-year-old company’s total raised since its 2019 inception to $50 million. Accomplice and Greycroft co-led its $7 million Series A last June.

incumbents 95

incumbents finance financing innovation 95

TechCrunch

AUGUST 16, 2021

It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry. But lately, fintech upstarts are the ones doing the acquiring.

incumbents 106

incumbents accelerator technology startup 106

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 finance 98

TechCrunch

DECEMBER 5, 2020

Now we’re very much a data-driven, thesis-driven outbound firm, where we’re reaching out to entrepreneurs soon after they’ve started their companies or gotten seed financing. I think that’s what’s required to build a relationship and the conviction, because financings are happening so fast. Image Credits: Brighteye Ventures.

education 113

education frameworks SaaS incumbents 113

TechCrunch

OCTOBER 13, 2022

government’s own reported school financing data, and established that schools spend around £2 billion ($2.2 And with another chunk of change in the bank, it’s now well-financed to expand further into the U.S. Zen Educate platform Image Credits: Zen Educate. Show me the money. Now, the company is adding a further £19.3

education 90

education incumbents finance financing 90

TechCrunch

AUGUST 29, 2022

These platforms have become popular with neobanks or upstarts in different segments trying to embed financial services into their offerings because large, incumbent banks have been relatively slow to bring their services up to speed with the pace of change in the world of tech and banking. The situation is no different in Africa.

startup 93

startup incumbents finance financing 93

Both Sides of the Table

APRIL 18, 2019

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.

transportation 250

transportation incumbents disruption finance 250

TechCrunch

FEBRUARY 3, 2022

We don’t want to be elitist, we don’t want to do this for a very small category of people because we really want to become the incumbent bank in the U.S.,” The round, led by Tiger Global with participation from Sequoia, Lux Capital, Emerson Collective, Plural VC and more, came together in less than 24 hours, Yahyaoui noted.

incumbents 99

incumbents startup communities consulting 99

TechCrunch

MARCH 16, 2023

Mironov came from the finance world, having spent several years as a private equity analyst, associate and consultant. And of course incumbent payroll providers like Square offer their own solutions. In fact, one survey found that three out of every five gig workers lose earnings because of technical difficulties clocking in or out.

incumbents 89

incumbents consulting sustainability ventures 89

TechCrunch

JUNE 23, 2021

Lower , an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. The financing also marks the previously bootstrapped Lower’s first external round of funding in its seven-year history. This round is notable for a number of reasons.

finance 94

finance financing incumbents investment 94

TechCrunch

JANUARY 13, 2022

Digital banks, neobanks, challenger banks or whatever you may call them, are among the biggest recipients of VC investments in fintech. Globally, hundreds have sprung forth the past few years to challenge incumbents in their respective markets. TA Ventures, Jiji, u.ventures and AVentures Capital also participated.

incumbents 104

incumbents financing finance investment 104

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

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. The deal fell through at the last minute and ADT chose not to continue financing the company, which was forced to shut down. The first instinct is fear, then dread, then panic.

funders 254

funders innovation disruption incumbents 254

TechCrunch

MARCH 15, 2022

But with more and more business processes moving online, online job search is the gift that keeps on giving, and so today comes news of another portal in the space raising a big round to take on the incumbents in the space with more innovative and accurate technology.

incumbents 74

incumbents education innovation technology 74

TechCrunch

MAY 3, 2022

“They are the strongest company in the segment and well financed in this growing market,” said Forrester analyst Craig Le Clair. If your business requires a lot of preparation to understand the nuances before you meet the VC, you probably need to reframe your story a little bit and simplify,” she said.

pitching 84

pitching SaaS incumbents ventures 84

TechCrunch

JANUARY 22, 2023

Snafus can happen even when incumbents and fintechs partner. How can fintech startups outlast the VC winter? Reports Fintech Finance News: Turkish fintech company “ Papara. The relationship between incumbents and upstarts has long been a complicated one. Reports CFO Dive : “Wilmington N.C.-based

incumbents 105

incumbents media ventures financing 105

TechCrunch

JANUARY 16, 2021

M1 Finance , a fintech startup that brings together lots of pieces of the fintech playbook into a single service, reached $3 billion in assets under management (AUM) this week. But I really bring up the M1 Finance milestone for a different reason. One more VC Visa-Plaid take. And for Bumble, which filed to go public.

incumbents 128

incumbents finance financing SaaS 128

Tomasz Tunguz

APRIL 1, 2013

What kinds of moves are the incumbents making and how they change the 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. Then, I try to dig deeper into the nuances of the market.

VC 41

VC startup pitching incumbents 41

Both Sides of the Table

FEBRUARY 13, 2011

I run Revolution’s VC investments. 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. Both AOL and Time Warner had existing VC operations. In that way, you could say that we are stage agnostic. Can you talk about it?

founder 277

founder venture capital media strategy 277

TechCrunch

MARCH 2, 2022

Like many API-led fintechs, card-issuing API (pioneered by the likes of Rapyd, Ayden and even Stripe globally) is increasingly getting attention from investors who think it’s the next big thing in a sector that has attracted the most VC dollars in Africa. Union54, despite being based in Zambia, has customers across Africa.

incumbents 98

incumbents capital founder pitching 98

TechCrunch

APRIL 14, 2022

One of the things you do in VC asset allocation is lean in to the winners,” he told TechCrunch. I think that’s a big moat around any of the incumbents,” he said. “In Which neobanks will rise or fall? You really buy into the ones that are doing well and put all your resources there.

education 78

education communities incumbents health 78

TechCrunch

AUGUST 16, 2022

The first iteration of the app launched last August, and in the intervening months the company raised an “over-subscribed” $700,000 pre-seed round of funding from backers including early-stage Swiss venture capital (VC) firm Wingman Ventures, as well as U.S.-based

incumbents 88

incumbents VC support venture capital 88

TechCrunch

JANUARY 16, 2021

Same as VC funds are deeply acquainted with Silicon Valley, tech investors cannot ignore this hub of innovation that has produced global market leading companies and serial entrepreneurs. Fintech (specifically embedded finance or financial SaaS), synthetic bio. The cliche VC answer: strong team, big market.

startup 141

startup mix-use SaaS opportunity 141

TechCrunch

SEPTEMBER 30, 2022

Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. VC return expectations might deliver valuations that a founder perceives as too low. In some cases, this is postponing the inevitable.

peer-to-peer 92

peer-to-peer sustainability ventures technology 92

TechCrunch

MAY 22, 2022

One day, I’m hearing personal accounts of VCs pulling term sheets at the last minute, with some citing that their own investors had backed out of providing funds, leaving founders scrambling to save a round — and face. One day, I’m having a fintech-focused VC tell me they haven’t invested in any startups since last October.

real estate 92

real estate ventures venture capital financing 92

TechCrunch

NOVEMBER 12, 2020

Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. More recently — and unsurprisingly given recent fintech trends — Railsbank is also talking itself up as an embedded finance partner. Visa), regulation, and compliance,” he told me at the time.

incumbents 115

incumbents disruption pitching capital 115

TechCrunch

APRIL 29, 2021

Phil Edmondson-Jones is a principal at Oxx , the specialist SaaS VC backing Europe and Israel's most promising B2B SaaS businesses at the scale-up stage. The insurance market is enormous, but the sector has suffered from notoriously poor customer experience and major incumbents have been slow to adapt. Phil Edmondson-Jones.

incumbents 98

incumbents SaaS health VC 98

TechCrunch

NOVEMBER 2, 2020

This meant that Boden, who had struggled to raise traditional venture capital from VCs in London and beyond, could focus on recruiting a new team and building out the infrastructure required to launch an actual bank. She paid a high price, giving away a majority stake in the process.

founder 77

founder entrepreneurship entrepreneurs incumbents 77