Lydia Archive

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

French startup Lydia raised $7.8 million (€7 million) from New Alpha AM and Oddo & Cie in order to expand to other European countries. The startup lets you easily pay back your friends without any fee using a mobile app — among other things. Think about it as a sort of Venmo for France. While Lydia has only been available in France, with today’s funding …

Lydia launches a good old plastic card to go beyond the peer-to-peer payment space

French startup Lydia is launching a card so that you can spend your Lydia balance in every retailer that accepts MasterCard. You can trigger a lot of features in the app. In other words, you remain in control of your card, and not your bank. Lydia started off as a peer-to-peer payment app so that you can pay back your friends using your phone — …