Lydia

Lydia is a mobile payment company that develops a peer to peer payments platform intended to make payments easier.

Lydia unites the best of mobile payments and the key features of banking apps: Monitor all your bank accounts. Make bank transfers.

Lydia was founded in Jun 1, 2013 by Antoine Porte and Cyril Chiche. The company is headquartered in Paris, France. 

 

Lydia has recently expanded its product offering to become a one-stop shop application for financial life. Users can now get accounts, payment cards, loans, insurance, money pots, gift cards and much more in a single intuitive interface.

Lydia has also upgraded many core features, such as migrating cards to a new infrastructure, adding alerts to account aggregation, supporting instant SEPA transfers to bank accounts, etc.Lydia has also upgraded many core features, such as migrating cards to a new infrastructure, adding alerts to account aggregation, supporting instant SEPA transfers to bank accounts, etc.

Lydia has managed to attract 3 million users in France. More impressive, 25% of French people between 18 and 30 years old have a Lydia account — and 5,000 people sign up every day.

 

Lydia is backed by Tencent, Accel, CNP Assurances, XAnge, New Alpha and others. The company raised an additional $86M in funding on Dec 17, 2020. This is an extension of its $45M Series B financing raised in Jan 2020, brining the Series B total $131M. The additional investment brings Lydia's total funding to $159.8M to date.

 

Lydia was identified by Wired as one of the hottest european startups in 2015! It was also awarded as the 74th company on the 2017 Fintech100 List.

 

 

  • Year founded: 2013
  • Funding Info: $159.8M over 6 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Unknown
  • City/Town: Paris
  • State: Ile-de-France
  • Country: France
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