Turnover: million EUR ()

Country: France

Founded in 2011, fintech company Lydia has developed an app-based mobile payment solution. It claims over one million users. It offers a prepaid Lydia Mastercard, but is not yet disclosing the number of users of this. In December 2020, it raises 72 million euros in capital.

In , the company launches the Lydia card, a mastercard connected to the app. The app is integrated with Slack as well as Siri and iMessage.

In , the app opens up to Europe with rollouts in Ireland, Spain, the UK, Portugal and Germany.

In 2020, China's Tencent acquired a stake (€40 million)


Lydia's new plan to become profitable 07/03/2023

  • The peer-to-peer money transfer app has expanded to include a current account and bank card, stock and cryptocurrency trading, and instant lending.
  • Lydia obtains approval as a finance company, enabling it to lend its own money
  • Lydia does not disclose its sales figures 85% of revenues come from subscriptions and trading commissions

The grand ambitions of fintech Lydia 09/12/2022

  • Valued at over €1 billion, Lydia has raised $100 million
  • 5.5 million users, including 2 million with current accounts or other banking services
  • 5 billion transactions carried out each year on the platform
  • Lydia has used peer-to-peer payments as a loss leader and is now building on its other paid services
  • Lydia has 10 million European customers
  • The company employs 160 people in 2021 and aims to hire the same number in 2022

Lydia, the 22nd French Tech unicorn. 08/12/2021

  • Lydia, co-founded in 2013 by Cyril Chiche and Antoine Porte, has raised 112 million euros.
  • 5.5 million users, 4 billion euros in transactions per year
  • Lydia is aimed at consumers who want to control their budget.
  • An online service that helped its users save over 53 million kWh of energy in France in 2019.
  • Lydia offers businesses access to financial and banking services.
  • Present in all European markets.
  • China's Tencent invests $40 million.

In 2020, Lydia was awarded the French tech 120 label which identifies 120 fast-growing French start-ups.

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