It takes an ecosystem to raise a scaleup

Europe’s startup scene has entered troubled waters. Long overshadowed by Silicon Valley and now being chased down by China, the continent is urgently looking for boosts. Increasingly, the search is leading to ecosystems.  The ecosystem model creates networks of individuals, organisations, and resources. Their shared expertise and resources can produce a multiplier effect, driving innovation and accelerating growth. A core component of European ecosystems is the EU. While its tech strategy often faces criticism, the bloc has also played a key role in driving startup success. Just ask Nicolas Benady, the CEO of Swan, a thriving banking-as-a-service (BaaS) fintech based in France.…

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