More payment methods

Lydia

Transforming Peer-to-Peer Payments Into Full Financial Solutions in France

Lydia began as a simple P2P payment app in France and has grown into a versatile financial platform. It now offers a wide range of services including money transfers, payments, and financial management tools, making it a go-to app for everyday banking needs.

Lydia

Country

France

Population (France)

68 million (estimated)

Number of Internet users

63 million (estimated)

Popular payment methods

Digital wallets (PayPal, Apple Pay), Credit/Debit cards (Visa, Mastercard), Bank Transfers (SEPA Direct Debit), Buy Now Pay Later (Klarna, PayLib).

Distribution by payment method (%)

Type: Mobile Payment System Total Customers: 7 million users
Currency: Multiple currencies Money transfer volume: > 100 million transactions annually
Coverage: 25% of the mobile payments market of France Refunds: Yes
Chargebacks: Limited

About payment system

Lydia has grown into a comprehensive financial platform with over 7 million users across six European countries. Originally launched as a peer-to-peer payment app, Lydia now offers a wide range of services including bank accounts, virtual cards, personal loans, stock trading, and crypto investments.

Fully integrated with Apple Pay, Google Pay, and Samsung Pay, Lydia provides users with a flexible and secure way to manage their finances within a single mobile app.

Following a successful €40 million funding round in 2020, Lydia has continued to expand rapidly, with an ambitious goal of reaching 10 million users by 2025. Its commitment to constant innovation has solidified Lydia’s role as a key player in the European fintech landscape, with ongoing plans to broaden its features and reach.

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