Successful fintech startups avoid building end-to-end ecosystem plays alone
Sanjay Swamy · Episode 49 | Sanjay Swamy, Managing Partner, Prime Ventures · Jan 27, 2020 · at 14:08
Sanjay Swamy, Managing Partner at Prime Venture Partners and former CEO of mChek, reflects on the architectural and business model lessons from early fintechs versus UPI-era winners.
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“The startups that have succeeded in the space worldwide, haven't been the ones that have tried to do it all in an ecosystem play, right? Either they've taken control of their destiny, like in the case of APTM, or, you know, the ecosystem play was done by NPCI, by the government, and then the Startups like the Phone Pays, and even Google Pay, and all of the others that have come, have gone, ridden on top of the ecosystem play that was being done by the government, right?”
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