Lydia raises $16.1 million to become the PayPal of mobile payments

Funding Rounds

Summary

First, Lydia grabs new users thanks to free and instant transactions to pay back your friends.When you want to pay in store, you first enter the amount and show a QR code to the cashier.With Lydia, you don’t have to put your phone back in your pocket or bag to find a card.You can top up your Lydia balance with your personal IBAN, activate or deactivate features in real time and more.Lydia hires native country managers who fly back and forth between the main office in Paris and those new markets.

$ Funding

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