Lydia grabs $7.8 million for its peer-to-peer payment service

Clipperton, a leading European corporate finance boutique focused on the High Tech and Media industries announced the closing of a €7 million financing for Lydia.

FR | FR

raises $7.8 million led by

Fintech

Press release (extract)

Lydia is the leading mobile payment app in France and has attracted more than 500,000 people since launching in July 2013. Lydia aims at reshaping the way we exchange funds on a daily basis, by giving users seamless access to their money and spearheading the trend towards a “cashless world”. New investors New Alpha and Oddo BHF led a €7 million round to give the company the means of its ambitions, especially in terms of European roll-out. READ FULL PR

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