Europe's startup ecosystem faces challenges but also holds promise through shared networks of expertise and resources. The EU plays an essential role, seen in the success of fintech startups like Swan, which acknowledges that its existence owes much to EU initiatives like the Payment Service Directive. This legislation has allowed European fintechs to thrive against traditional banks. Experts at a recent webinar emphasized how interconnected partnerships within the ecosystem are vital for startup success, but acknowledged that further improvements are necessary for sustainable growth.
"Our company wouldn't exist without the European Union," he says.
"Without this directive, I don't think we'd have so many fintechs today in Europe," Benady says.
Their success depends on a thriving ecosystem of partners.
The ecosystem model creates networks of individuals, organisations, and resources.
Collection
[
|
...
]