Financial services app Lydia hits unicorn status with latest funding
Paris-based Lydia has raised over $100 million in new funding.
Paris-based Lydia has raised over $100 million in new funding.
“The payment card market is undergoing a huge transformation,” says BNP’s head of cards.
Partnership will provide investment opportunities to Lydia’s 5 million customers via its app.
Start-up also plans to release two new digital-led products.
Speaking at Sibos 2021, Frédéric Oudéa says CBDCs “might be more efficient than, and might replace, cash”.
French banking group plans to have 30% of its retail products sold online by 2025.
The BaaS platform wants to democratise access to banking services.
European payments firm seeks greater foothold in core markets.
The Yolt app has more than 1.6 million downloads.
US lender settles over arrangements with Wendel Investment Group.
Uwe Sandner, Katja Hunstock and Ignacio Garcia named as CTO, CPO and CSO.
The firm will combine Limonetik’s PaaS model with its existing global payments network.
The Paris-based firm plans to use the funds to double its staff and accelerate product development.
The experiment was supported by JP Morgan’s blockchain innovation lab, Onyx.
The new funding brings the French firm’s total raised to $400 million.
French bank signs deal with Pasqal and Multiverse Computing.
The bank says it strengthens “essential links” in its credit value chain.
The bank will offer the services of Fusion Risk modules to its compatriots.
German trading app aims for a roll-out across the euro zone.
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New AmEx customers will “seamlessly connect” to their accounts.
A clutch of early investment rounds from May you could have missed.
The French unit moved to the shelf back in September 2019.
The paper focuses on Big Tech-associated threats to competition.
The start-up claims to cut the costs for operators to 0.5% per transaction.
The industry has long called out the interchangeable use of the word “neobank”.
French postal bank aims to expand abroad for SME customers.
The previous funding round closed in 2019, with €70 million.
Franco-German bank to deploy Abacus/Transactions platform.
Orange’s banking ops in trouble despite an income of €79 million last year.
A round-up of some of the recent investments in fintech, paytech and tax tech firms.
Banking software firm picks up minority stake in SaaS fintech.
The French unit moved to the shelf back in September 2019.
The US firm is expanding its treasury tools for corporates.
Germany-based Compeon lands €15 million and France-based SESAMm – €7.5 million.
Featuring PPRO, iSTOX, Indy, Mercado Bitcoin, and Brigit.
Anytime to fall under the Orange brand as it looks to scale up for businesses.
New York-based private equity firm takes majority stake in core banking vendor.
Worldline says Australia is an ideal stomping ground for international expansion.
The bank wants to expand the car sales start-up’s insurance and financing.