News

May 15, 2024

French fintech Lydia to invest €100m in banking services, aims to reach profitability in 2025

The fintech says it won’t need to raise more money to support its new strategy

French unicorn Lydia, a popular payments app for French Gen Z and millenials, is investing €100m over the next three years to double down on its banking services.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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