Lydia is a French startup founded in 2013 that offers a 100% mobile and digital current account. The company's slogan, "Lydia is the new mobile current account," encompasses its key offerings, including fee-free spending abroad, contactless payment using any mobile device, and the ability to manage multiple bank accounts from a single app. Additionally, Lydia allows users to send money instantly to contacts using their phone number, pay online securely with unlimited internet cards, and set up shared accounts for equitable expense sharing. The company recently received a substantial $100.00M Series C investment on 08 December 2021 from prominent investors including Accel, Founders Future, Dragoneer Investment Group, Echo Street, and Tencent. Lydia operates within the E-Commerce, Financial Services, Fintech, and Payments industries, offering a comprehensive suite of financial services designed for the digital age.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $100.00M | 5 | Tencent | 08 Dec 2021 |
Series B | €70.00M | 3 | Romain Afflelou, AA Sons | 17 Dec 2020 |
Series B | €40.00M | 5 | Tencent, NewAlpha Asset Management VC | 15 Jan 2020 |
Venture Round | $16.10M | 5 | Oddo & Cie, NewAlpha Asset Management VC +1 | 15 Feb 2018 |
Venture Round | $7.80M | 3 | Oddo & Cie, NewAlpha Asset Management VC +1 | 29 Sep 2016 |