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French fintech startup Lydia raises $100 million in series C funding round
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cointelegraph.comFrench crypto-friendly fintech startup Lydia has raised $100 million in a series C funding round, as per a report in TechCrunch.
The latest capital raise reportedly helped Lydia attain unicorn status with a valuation of over $1 billion.
The $100 million fundraise comes nearly a year after its series B funding round of $86 million in December 2020.
The round was led by existing investors Tencent and Accel and also saw participation from Dragoneer and Echo Street. The fintech startup aims to use the fresh capital to expand its footprint in Europe. The firm hopes to onboard 10 million European customers by 2025.
Lydia did not immediately respond to Cointelegraph’s request for comment.
The app started out as a peer-to-peer mobile payment app and
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