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Lydia raises $86m in Series B funding

Paris based developer of a fintech super-app raised $86m in Series B funding led by Accel.

“You know that P2P is successful when they leave money in their account because they’re going to come back,” he said. Back in 2014, when I first covered Lydia, I called it the Venmo for France — they had only raised €600,000 back then. It seems like Jhawar agrees with that take. Since then, Lydia has grown quite a lot and has expanded beyond peer-to-peer payments in various ways.

Tags

france, p2p, banking, payments