Paris –  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.

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 & Cie led a €7 million round to give the company the means of its ambitions, especially in terms of European roll-out.

Clipperton acted as sole financial advisor to Lydia.

About Clipperton

Clipperton is a European independent corporate finance advisory firm exclusively dedicated to the Technology and Healthcare industries, advising innovative companies on M&A transactions, debt financings and equity offerings. With offices in London, Berlin, and Paris and an international reach, Clipperton is a European leader in Technology financial advisory. Over the past 15 years, the team has successfully completed more than 200 high profile transactions globally.