DOCSLIB.ORG

Prepare for the Insurtech Wave

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Prepare for the Insurtech Wave September 2016 Financial Technology Partners Prepare for the InsurTech Wave Overview of Key Insurance Technology Trends The Only Investment Bank Focused Exclusively on Financial Technology © 2016 Steve McLaughlin Founder & CEO OVERVIEW OF FT PARTNERS Tel: 415.992.8880 [email protected] FT Partners – Focused Exclusively on FinTech www.ftpartners.com • Financial Technology Partners ("FT Partners") was founded in 2001 and is the only investment banking firm focused exclusively on FinTech with offices in San Francisco and New York • Founder and CEO, Steve McLaughlin, was formerly a senior investment banker in Goldman Sachs & Co.'s Financial FT PartnersTechnology –GroupFocused and Financial Exclusively Institutions Group on inFinTech New York and San Francisco • Named Investment Banking Firm of the Year in 2016 & Deal maker of the Year in 2015 along with Deal of the Decade and many more industry awards and accolades FT Partners’ Advisory Capabilities FT Partners’ FinTech Research Named Silicon Valley’s #1 FinTech Ranked #4 Most Influential Person in Numerous Awards for Transaction Banker (2016) and ranked #2 Overall all of FinTech in Institution Investors Excellence including by The Information “FinTech Finance 35” “Deal of the Decade” 2 INSURANCE TECHNOLOGY TRENDS Table of Contents I. Executive Summary ............................................................................................... 5 Click title to skip to section II. Industry Overview and the Rise of InsurTech .................................................... 13 III. Key Selected Insurance Technology Trends ...................................................... 23 Insurance Distribution.......... 24 Sales, Marketing and Engagement...... 42 Data and Analytics................ 46 Insurance Administration..................... 55 IV. Industry Landscape .............................................................................................. 58 V. Financing Activity ................................................................................................. 62 VI. Selected Company Profiles ..…………………………………………………........... 82 VII. Selected Insurance & Related Public Company Comparables ........................ 139 VIII. Selected Transaction Profiles .………………………....…………………….…...... 149 IX. Upcoming Industry Conferences ........................................................................ 230 X. Overview of FT Partners ..…………………………....…………………….....……... 233 3 Highly Confidential and proprietary information. Unauthorized distribution without prior consent from Financial Technology Partners LP or FTP Securities LLC (together “FT Partners”) is strictly prohibited. This communication should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product or service, nor is it an official confirmation of any transaction or representative of an official position or statement of Financial Technology Partners LP, FTP Securities LLC or any other related entity. FTP Securities LLC is a FINRA registered broker-dealer. © 2016 Cover photo credit: Adobe Stock / stockchairatgfx INSURANCE TECHNOLOGY TRENDS Table of Contents – Selected Company and Transaction Profiles Disruptors VI. Selected Company Profiles Click logo to view profile Established Tech-Enabled Companies VI. Selected Company Profiles M&A and Financing Transactions VIII. Selected Transaction Profiles Raises $70 mm Raises $160 mm Sells to Vista Raises $80 mm Raises $400 mm Raises $50 mm Sells to All Web Leads Raises $31 mm Sells to WEX Raises $33 mm Sells to Vista Raises $70 mm Sells to Thoma Bravo Raises $500 mm Sells to Moelis Sells to Aurora 4 I. Executive Summary EXECUTIVE SUMMARY Overview of the Opportunity Insurance is widely • Unlike many other areas of financial services, the insurance industry to-date has not viewed as the next been substantially disrupted by new technology and game-changing business models. great opportunity However, the industry now appears to be at a key inflection point as many different for players in the constituents in the FinTech ecosystem have their sights squarely set on insurance as FinTech ecosystem the next great opportunity. While the pace of innovation is • To this end, FT Partners is seeing a proliferation of Insurance Tech startups targeting rapidly accelerating, all areas of the multi-trillion dollar global industry. Some innovators are targeting the insurance is still a biggest opportunity by creating entirely new insurance carriers, some are creating new very complex and digital tools aimed at helping consumers better understand and become more involved highly regulated with their insurance policies, while still others are looking to enhance and digitize the industry with operations of the existing insurance ecosystem. outdated, but entrenched • New technologies are poised to shake up the industry like never before. For example, processes the recently developed concepts of the “connected home,” “connected car” and even the “connected self” (or, collectively, the Internet of Things) all have huge implications across the insurance value chain. • While the pace of innovation in insurance is accelerating rapidly, this is still a complex, highly regulated industry with outdated, but entrenched processes. The industry won’t change overnight, and the incumbents certainly do not have their “heads in the sand”. Many traditional carriers are embracing the pending changes by starting ventures arms, partnering with startups and generally staying close to the potential opportunities and threats that innovation will bring in the coming years. 6 EXECUTIVE SUMMARY Highlights of the Report In this report, we … . Provide a high-level overview of the insurance industry and highlight the rise of “InsurTech” in the media . Discuss 4 selected key trends driving innovation in the Insurance Technology space Insurance Distribution: Sales, Marketing and Engagement: Improving Insurance Delivery Across All Providing Carriers & Brokers Better Online Channels Marketing & Customer Relationship Tools Data and Analytics: Insurance Administration: Leveraging Tools to Gain Insight and Modernizing Legacy Systems & Developing Improve Business Operations Self-Service Tools . Examine the responses of incumbents to date, including the innovations, partnerships, and acquisitions being made to stay ahead of the game . Provide a broad landscape of established Insurance Technology providers as well as other emerging and innovative companies . Profile 54 key companies and 16 financing and M&A transactions in the Insurance Technology space . Include a comprehensive list of private equity financing transactions in the space 7 FT PARTNERS – FOCUSED EXCLUSIVELY ON FINTECH Selected FT Partners’ Insurance Technology and Benefits Experience 8 FT PARTNERS – FOCUSED EXCLUSIVELY ON FINTECH Selected FT Partners’ Insurance Technology and Benefits Experience • Largest U.S. provider of • Leading provider of integrated • Insureon is the leading SaaS-based software and SaaS technologies and insurance online marketplace services to the property services for health insurance for small and micro businesses contents insurance premium billing, payment and • Serves retail clients directly and marketplace workflow management also supports banks, • This combination will allow • Benaissance will be brokerages and insurance Solera, a global technology integrated with WEX’s existing companies through a powerful leader in intelligent data and Evolution1 platform, creating wholesale offering software systems for the an opportunity for potential • Coverage provided for vehicle and home, to leverage synergies as the businesses 175,000+ small businesses Enservio's proprietary already share a number of database and grow its Digital mutual partners and Home platform customers 9 FT PARTNERS – FOCUSED EXCLUSIVELY ON FINTECH Selected FT Partners’ Insurance Technology and Benefits Experience • Leading technology-enabled • Market-leading provider of • Leading provider of SaaS software and technology- global commercial specialty software and technology- insurance distributor placing enabled sales automation enabled content solutions platforms, with its core over $10bn in premiums to the insurance brokerage annually Foresight illustration product industry and Firelight e-application • Business divisions include • Offers marketing • The transaction brokerage, underwriting, communications, data demonstrates the increasing group benefits and analytics, agency value of technological sales- international management and employer enablement within the resource portal solutions • One of the largest insurance insurance industry – and the brokerage transactions of continued private equity 2012 interest in the space 10 FT PARTNERS – FOCUSED EXCLUSIVELY ON FINTECH Selected FT Partners’ Insurance Technology and Benefits Experience • Largest independent warranty • Provider of finance and provider for consumer insurance (“F&I”) solutions to electronics and major the automobile industry appliances • Blue chip client base • Serves customers directly including: through its website and − Five of the world’s leading through a large network of auto OEMs online and in-store retailers − Two of the world’s largest • Largest venture capital motorcycle manufacturers transaction of 2012 (1) − The nation’s largest new and used vehicle retailers 11 (1) PricewaterhouseCoopers, National Venture Capital Association and Thomson Reuters. FT PARTNERS – FOCUSED EXCLUSIVELY ON FINTECH Selected FT Partners’ Insurance Technology and Benefits
Load more

Recommended publications
  • Philadelphia Investment Trends Report
    Venture impact Technology investment in the Greater Philadelphia region Trends and highlights, January 2008 to June 2013 Innovation, investment and opportunity On behalf of EY, Ben Franklin Technology Partners of Southeastern Pennsylvania and the Greater Philadelphia Alliance for Capital and Technologies (PACT), we are pleased to present this review 421 companies of technology investment trends and highlights in the Greater Philadelphia region. $4.1 billion The technology investment community in the Greater Philadelphia region includes a wide variety of funding sources supporting a diverse array of companies and industry sectors. In this report, Total investment since we’ve analyzed more than a thousand investment rounds and January 2008 exits that occurred in the Philadelphia region since 2008 – including investments from venture capital fi rms (VCs), angel investors (Angels), corporate/strategic investors, seed funds, accelerators and other sources of funding. As shown in this report, 2012 reversed a post-recession slowdown in venture funding in Greater Philadelphia, and to date, 2013 has brought a welcome increase in the amount of new funds available at regional investment fi rms. These are positive signs for our region’s technology companies, as are the increasing number of exits via IPO and acquisition, which serve as further validation of the investment opportunities created by our region’s growing technology sector. We encourage you to explore this report, and we hope that it will provide useful insights into the current state of
    [Show full text]
  • Thank You! Match Your Gift to GSCM Here’S How
    Thank You! Match Your Gift to GSCM Here’s how: Look for your employer in the sample list below. Don’t see them? Ask your HR department if your company matches 1 your gift or donates to your volunteer hours. 2 Follow the necessary steps with your HR department. Let us know if your company will be matching your gift by 3 calling 410.358.9711, Ext. 244 or email us at [email protected]. Here are some of the companies that match gifts: A ConAgra Foods, Inc. H Connexus Energy AT&T HP, Inc. Constant Contact, Inc. AAA Harris Corp. Constellation Brands, Inc. AARP Heller Consulting, Inc. Costco AEGIS Henry Crown & Co. Craigslist, Inc. ARAMARK Henry Luce Foundation CyberGrants, Inc. ATAPCO Hewlett Packard Adobe Systems, Inc. D Highmark, Inc. Advanced Instructional Systems, Inc. Hillman Co. DEMCO, Inc. Allstate Home Depot DMB Associates, Inc. Altria Group, Inc. Honeywell International, Inc. DPL, Inc. American Express Co. Houghton Mifflin Harcourt Co. DTC Global Services, LLC American Fidelity Assurance Corp. Howard S. Wright Constructors DTE Energy American Honda Motor Co., Inc. Humana, Inc. Dell, Inc. American Vanguard Corp. Deutsche Bank AG Ameriprise Financial, Inc I Dodge & Cox Aon Corp. iParadigms, LLC Dolby Laboratories, Inc. Apple ING Financial Services, LLC Dorsey & Whitney LLP Association of American Medical Colleges Ingersoll Rand Dun & Bradstreet Corp. Astoria Bank Investment Technology Group, Inc. Avon Products, Inc. E Itron, Inc. B eBay J eClinicalWorks BP Foundation J.P. Morgan Chase Eli Lilly & Co. Bank of America Corp. JC Penney’s Energen Barnes Group, Inc. Jackson Hewitt Tax Service, Inc.
    [Show full text]
  • Insurance Report
    Collision Auto / Collision Moto Comp Auto / Comp Moto Highway Loss Data Institute Theft — Auto /Moto combined Insurance Report Noncrash fire losses PD — Auto PD, BI, Med Pay — Moto BI — Auto Prepared by HLDI for NHTSA Med Pay — Auto 2016–18 Passenger Cars, Pickups, SUVs, and Vans PIP — Auto only December 2018 This Highway Loss Data Institute reportNon-crash presents re comprehensive — Auto only noncrash fire losses for passenger vehicles produced in model years 2016–18. Noncrash fire losses represent fire damage to a vehicle not caused by a collision or vandalism. Results in this report are based on more than 39 million insured vehicle years and more than 5,500 claims. Special — Auto /Moto Specs 2018 Board of Directors Chair Mike Petrarca, Amica Mutual Insurance Company Vice Chair Anthony E. Ptasznik, Auto Club Group Prior Chair Harry Todd Pearce, GEICO Corporation Justin B. Cruz, American Family Insurance David Cummings, USAA Michael D. Doerfler, Progressive Insurance Josh Grunin, The Hartford John Hardiman, New Jersey Manufacturers Insurance Group Robert Harrington, Erie Insurance Group Thomas Karol, National Association of Mutual Insurance Companies Andy Lau, Kemper Corporation Dawn Lee, PEMCO Mutual Insurance Company Richard Lonardo, MetLife Auto and Home Justin Milam, American National Hamid Mirza, Liberty Mutual Insurance Company Thomas G. Myers, Plymouth Rock Assurance James Nutting, Farmers Insurance Group of Companies Robert C. Passmore, Property Casualty Insurers Association of America Thomas O. Rau, Nationwide Insurance Bill Reddington, Kentucky Farm Bureau Mutual Insurance Company Michael Stienstra, CHUBB Laurette Stiles, State Farm Insurance Companies James Whittle, American Insurance Association Geoff Williams, Allstate Insurance Group Andrew Woods, The Travelers Companies John Xu, CSAA Insurance Group David L.
    [Show full text]
  • Technologyquarterly September 3Rd 2011
    Artifi cial muscles Brainwave control: Marc Andreessen’s challenge motors sci-fi no longer second act TechnologyQuarterly September 3rd 2011 Changes in the air The emerging technologies that will defi ne the future of fl ight TQCOV-September4-2011.indd 1 22/08/2011 15:42 2 Monitor The Economist Technology Quarterly September 3rd 2011 Contents On the cover From lightweight components and drag-reducing paint today, to holographic entertainment systems and hypersonic aircraft tomorrow, researchers are devising the emerging technologies that will dene the future of ight. What can tomorrow’s Cameras get cleverer travellers expect? Page 10 Monitor 2 Computational photography, a new approach to desalination, monitoring yacht performance, spotting fakes with lasers, guiding nanoparticles to ght Consumer electronics: New approaches to photography treat it as a branch of cancer, mopping up oil with wool, smaller military drones, computing as well as optics, making possible a range of new tricks keeping barnacles at bay and HOTOGRAPHY can trace its roots to dierent exposures, into one picture of the religious overtones of Pthe camera obscura, the optical princi- superior quality. Where a single snap may computing programming ples of which were understood as early as miss out on detail in the lightest and dar- the 5th century BC. Latin for a darkened kest areas, an HDR image of the same Dierence engine chamber, it was just that: a shrouded box scene looks preternaturally well lit (see 9 Worrying about wireless or room with a pinhole at one end above). HDR used to be a specialised Concerns about the health risks through which light from the outside was technique employed mostly by profes- of mobile phones are misplaced projected onto a screen inside, displaying sionals.
    [Show full text]
  • Massachusetts Licensed Motor Vehicle Damage Appraisers - Individuals September 05, 2021
    COMMONWEALTH OF MASSACHUSETTS DIVISION OF INSURANCE PRODUCER LICENSING 1000 Washington Street, Suite 810 Boston, MA 02118-6200 FAX (617) 753-6883 http://www.mass.gov/doi Massachusetts Licensed Motor Vehicle Damage Appraisers - Individuals September 05, 2021 License # Licensure Individual Address City State Zip Phone # 1 007408 01/01/1977 Abate, Andrew Suffolk AutoBody, Inc., 25 Merchants Dr #3 Walpole MA 02081 0-- 0 2 014260 11/24/2003 Abdelaziz, Ilaj 20 Vine Street Lexington MA 02420 0-- 0 3 013836 10/31/2001 Abkarian, Khatchik H. Accurate Collision, 36 Mystic Street Everett MA 02149 0-- 0 4 016443 04/11/2017 Abouelfadl, Mohamed N Progressive Insurance, 2200 Hartford Ave Johnston RI 02919 0-- 0 5 016337 08/17/2016 Accolla, Kevin 109 Sagamore Ave Chelsea MA 02150 0-- 0 6 010790 10/06/1987 Acloque, Evans P Liberty Mutual Ins Co, 50 Derby St Hingham MA 02018 0-- 0 7 017053 06/01/2021 Acres, Jessica A 0-- 0 8 009557 03/01/1982 Adam, Robert W 0-- 0 West 9 005074 03/01/1973 Adamczyk, Stanley J Western Mass Collision, 62 Baldwin Street Box 401 MA 01089 0-- 0 Springfield 10 013824 07/31/2001 Adams, Arleen 0-- 0 11 014080 11/26/2002 Adams, Derek R Junior's Auto Body, 11 Goodhue Street Salem MA 01970 0-- 0 12 016992 12/28/2020 Adams, Evan C Esurance, 31 Peach Farm Road East Hampton CT 06424 0-- 0 13 006575 03/01/1975 Adams, Gary P c/o Adams Auto, 516 Boston Turnpike Shrewsbury MA 01545 0-- 0 14 013105 05/27/1997 Adams, Jeffrey R Rodman Ford Coll Ctr, Route 1 Foxboro MA 00000 0-- 0 15 016531 11/21/2017 Adams, Philip Plymouth Rock Assurance, 901 Franklin Ave Garden City NY 11530 0-- 0 16 015746 04/25/2013 Adams, Robert Andrew Country Collision, 20 Myricks St Berkley MA 02779 0-- 0 17 013823 07/31/2001 Adams, Rymer E 0-- 0 18 013999 07/30/2002 Addesa, Carmen E Arbella Insurance, 1100 Crown Colony Drive Quincy MA 02169 0-- 0 19 014971 03/04/2008 Addis, Andrew R Progressive Insurance, 300 Unicorn Park Drive 4th Flr Woburn MA 01801 0-- 0 20 013761 05/10/2001 Adie, Scott L.
    [Show full text]
  • Deal Flow Report 2018 Idaho
    2018 IDAHO DEAL FLOW REPORT Deal Flow Report Presented by Deal Flow Opening Notes The Idaho Technology Council is pleased to present the 2018 Idaho Deal Flow Report! This is our fifth annual report, showcasing many of the companies that are starting, growing, and thriving in Idaho. The report confirms that Idaho continues to experience rapid growth and to be one of the best places in the country to do business! The data collected demonstrates the strong Idaho economy which is driving a demand for more talent and supports increased capital investment. Presenting Sponsor Hosting Sponsor In 2018, Idaho was recognized as the fastest growing state in the country. Idaho’s businesses are receiving increased attention and investment dollars from capital providers within the state and from around the country. More venture capital, private equity and angel funds are coming to Idaho to find new investment opportunities in Idaho companies. We want to recognize the many capital providers, service providers, and supporters of the Idaho entrepreneurial ecosystem, and especially the entrepreneurs and innovators who make Idaho such a great place! The most rewarding trend that we’ve seen over the last five years is the Sponsors reinvestment into the local economy by the entrepreneurs who have successful built and sold their business and used a portion of the funds to reinvest into the next generation of entrepreneurs and businesses. This trend is propelling Idaho’s growth even further and we believe it is key to Idaho’s future success. Community Venture Sponsors We would like to thank the members of this year’s Deal Flow Committee, and the various sponsors who supported our efforts, and congratulate the companies whose transactions are featured in this year’s report.
    [Show full text]
  • List of Insurance Companies Authorized to Transact Business In
    List of Insurance Companies Authorized to Transact Business in South Carolina as of May 2020 NAIC Name of Company Company Type Mailing Address City State Zipcode Phone Lines of Authority Code 23833 @HOME INSURANCE COMPANY Property & Casualty P.O. BOX 905 LINCROFT NJ 07738 - 0905 (302) 252 - 2000 Casualty, Marine, Property Risk Purchasing c/o ALLIANT INSURANCE 1285 DRUMMERS 123CPL Group SERVICES, INC. LN, STE 305 WAYNE PA 19087 - 0000 (610) 635 - 3311 21ST CENTURY ASSURANCE Accident & Health, Casualty, 44245 COMPANY Property & Casualty 3 BEAVER VALLEY ROAD WILMINGTON DE 19803 - 1115 (302) 252 - 2000 Marine, Property 21ST CENTURY CASUALTY 36404 COMPANY Property & Casualty 3 BEAVER VALLEY ROAD WILMINGTON DE 19803 - 1115 (302) 252 - 2000 Casualty, Property 21ST CENTURY CENTENNIAL Accident & Health, Casualty, 34789 INSURANCE COMPANY Property & Casualty 3 BEAVER VALLEY ROAD WILMINGTON DE 19803 - 1115 (302) 252 - 2000 Marine, Property, Surety 21ST CENTURY INSURANCE 12963 COMPANY Property & Casualty 3 BEAVER VALLEY ROAD WILMINGTON DE 19803 - 1115 (302) 252 - 2000 Casualty, Property 21ST CENTURY NORTH AMERICA Accident & Health, Casualty, 32220 INSURANCE COMPANY Property & Casualty 3 BEAVER VALLEY ROAD WILMINGTON DE 19803 - 1115 (302) 252 - 2000 Marine, Property, Surety 21ST CENTURY PACIFIC INSURANCE 23795 COMPANY Property & Casualty 3 BEAVER VALLEY ROAD WILMINGTON DE 19803 - 1115 (302) 252 - 2000 Casualty, Marine, Property 21ST CENTURY PREMIER Accident & Health, Casualty, 20796 INSURANCE COMPANY Property & Casualty 3 BEAVER VALLEY ROAD WILMINGTON DE 19803 - 1115 (302) 252 - 2000 Marine, Property, Surety 2 Mid America Plaza, Suite Oakbrook 80985 4 EVER LIFE INSURANCE COMPANY Life 200 Terrace IL 60181 - 0000 (630) 472 - 7833 Accident & Health, Life 77879 5 STAR LIFE INSURANCE COMPANY Life 909 N.
    [Show full text]
  • GCC Insurance Industry | November 24, 2019 Page | 1
    GCC Insurance Industry | November 24, 2019 Page | 1 Table of Contents 1. EXECUTIVE SUMMARY ............................................................................ 8 1.1 Scope of the Report ..................................................................................... 8 1.2 Industry Outlook ......................................................................................... 8 1.3 Key Growth Drivers ...................................................................................... 8 1.4 Key Challenges ........................................................................................... 9 1.5 Key Trends ................................................................................................. 9 2. THE GCC INSURANCE INDUSTRY OVERVIEW ....................................... 10 2.1 Country-wise Insurance Market Overview ....................................................... 19 3. THE GCC INSURANCE INDUSTRY OUTLOOK ......................................... 33 3.1 Forecasting Methodology ............................................................................. 33 3.2 GCC Insurance Market Forecast .................................................................... 34 3.3 Country-wise Market Size Forecast ................................................................ 36 4. GROWTH DRIVERS ............................................................................... 43 5. CHALLENGES ........................................................................................ 49 6. TRENDS ..............................................................................................
    [Show full text]
  • 2018 Consumer Complaints Report
    Illinois Department of Insurance 2018 Consumer Complaints Report The following tabs contain 2018 consumer complaint counts by responding insurer, along with the direct written premium for each insurer. The complaint share is calculated by dividing the number of complaints for an insurer by the total number of complaints for the particular line. The market share is calculated by dividing the direct written premium for an insurer by the total direct written premium for the particular line. The complaint ratio is calculated by dividing the complaint share by the market share. The result is a number greater than or equal to zero. A ratio of 1.00, for example, means the insurer has the same percentage share of Illinois complaints as its pecentage share of Illinois premiums. A ratio of 1.50, for example, means the insurer has a 50% higher share of Illinois complaints when compared to its share of Illinois premiums. The data is shown for seven lines of business: Private Passenger Automobile, Homeowner's, Individual Life, Individual Annuity, Individual Accident & Health, Group Accident & Health, and Health Maintenance Organizations. Illinois Department of Insurance 2018 Complaint Ratios - Private Passenger Automobile 2018 Illinois 2018 Illinois 2018 Complaint to Direct Written 2018 Market Closed 2018 Complaint Market Share Cocode Company Name Premiums Share Complaints Share Ratio 44725 1st Auto & Cas Ins Co $5,309,544 0.069% 1 0.038% 0.55 34789 21st Century Centennial Ins Co $0 0.000% 1 0.038% N/A 32220 21st Century N Amer Ins Co $0 0.000% 0 0.000%
    [Show full text]
  • 2018 FINTECH100 Leading Global Fintech Innovators 2017 FINTECH100
    2018 FINTECH100 Leading Global Fintech Innovators 2017 FINTECH100 Leadin loba Fintec nnovators 1 1 2016 2017 Fintech100 Report FINTECH100 Leadin loba Fintec nnovators Company #00 1 | Fintech Innovators 2016 1 2015 Fintech100 Report FINTECH 100 Leading Global “ Fintech Innovators Report 2015 Company Description At a Glance Tag Line Located Year Founded Key People Website Specialisation Staff Enabler or Disruptor Key Investors Ownership Size User Engagement $ $ $ $ $ The 100 Leading Fintech Innovators Report 2016 Fintech100 Report The 50 Best Fintech Innovators Report 2014 Fintech100 Report 2 About the List The Fintech100 is a collaborative effort between H2 Ventures and KPMG. In its fifth year, the Fintech100 uncovers and evaluates the most innovative Fintech companies globally. The Fintech100 comprises a ‘Top 50’ and an ‘Emerging 50’ and highlights those companies globally that are taking advantage of technology and driving disruption within the financial services industry. A judging panel comprised of senior partners from H2 Ventures and KPMG has decided the final composition of the Fintech100 list. H2 Ventures H2 Ventures is a global thought leader in fintech venture capital investment. Founded by brothers Ben and Toby Heap, and based in Sydney, Australia, it invests alongside entrepreneurs and other investors in early stage fintech ventures. H2 Ventures is the manager of the H2 Accelerator – Australia’s only dedicated fintech accelerator – and operates out of Sydney’s dynamic Startup Hub. Twitter @H2_Ventures LinkedIn H2 Ventures Facebook H2 Ventures KPMG Global Fintech The financial services industry is transforming with the emergence of innovative, new products, channels and business models. This wave of disruption is primarily driven by evolving customer expectations, digitalisation, as well as continued regulatory and cost pressures.
    [Show full text]
  • View Whitepaper
    INFRAREPORT Top M&A Trends in Infrastructure Software EXECUTIVE SUMMARY 4 1 EVOLUTION OF CLOUD INFRASTRUCTURE 7 1.1 Size of the Prize 7 1.2 The Evolution of the Infrastructure (Public) Cloud Market and Technology 7 1.2.1 Original 2006 Public Cloud - Hardware as a Service 8 1.2.2 2016 - 2010 - Platform as a Service 9 1.2.3 2016 - 2019 - Containers as a Service 10 1.2.4 Container Orchestration 11 1.2.5 Standardization of Container Orchestration 11 1.2.6 Hybrid Cloud & Multi-Cloud 12 1.2.7 Edge Computing and 5G 12 1.2.8 APIs, Cloud Components and AI 13 1.2.9 Service Mesh 14 1.2.10 Serverless 15 1.2.11 Zero Code 15 1.2.12 Cloud as a Service 16 2 STATE OF THE MARKET 18 2.1 Investment Trend Summary -Summary of Funding Activity in Cloud Infrastructure 18 3 MARKET FOCUS – TRENDS & COMPANIES 20 3.1 Cloud Providers Provide Enhanced Security, Including AI/ML and Zero Trust Security 20 3.2 Cloud Management and Cost Containment Becomes a Challenge for Customers 21 3.3 The Container Market is Just Starting to Heat Up 23 3.4 Kubernetes 24 3.5 APIs Have Become the Dominant Information Sharing Paradigm 27 3.6 DevOps is the Answer to Increasing Competition From Emerging Digital Disruptors. 30 3.7 Serverless 32 3.8 Zero Code 38 3.9 Hybrid, Multi and Edge Clouds 43 4 LARGE PUBLIC/PRIVATE ACQUIRERS 57 4.1 Amazon Web Services | Private Company Profile 57 4.2 Cloudera (NYS: CLDR) | Public Company Profile 59 4.3 Hortonworks | Private Company Profile 61 Infrastructure Software Report l Woodside Capital Partners l Confidential l October 2020 Page | 2 INFRAREPORT
    [Show full text]
  • Book Review: the Hard Thing About Hard Things: Building a Business
    Book Review: The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz If you’re interested in technology entrepreneurship, Ben Horowitz’s venture capital firm is likely a household name— Silicon Valley-based Andreessen Horowitz, LLC has invested in some of the world’s biggest and fastest growing technology companies since its formation in 2009: Skype, Twitter, Facebook, Airbnb, and numerous others. In The Hard Thing About Hard Things, though, Horowitz isn’t out to tell people how to spot hot technology companies, but rather how to grow them while not losing your mind or your business in the process. Overview The book follows Horowitz from the early parts of his career as a software engineer who quickly worked his way up to product management in California technology firms. Nine years after finishing his formal education, he launched his first company, Loudcloud, which over the years would morph into Opsware. The bulk of the book addresses the decisions Horowitz was continually confronted with, navigating the technology bubble’s burst in 2001, splitting his company in two, and selling his businesses to larger firms at varying points of leverage. Hard Things is a mixture of story-telling on the specific tricky points that Horowitz encountered, and more general advice to people who are managing a company (“Should you poach employees from a friend’s company?”). Through it all, Horowitz speaks with a sometimes brash but straight-ahead voice, acknowledging his areas of past ignorance while also attempting to share the best of what he’s learned.
    [Show full text]