Lydia Raises Additional $86M Led by Accel in Series B Extension

Lydia, one of the fastest growing mobile financial services platforms in Europe, today announced an extension of its Series B round , raising an additional $86M led by Accel, the global venture capital firm. The total Series B funding round now sits at $131M, making it the largest round ever raised by a French fintech. All major existing shareholders actively participated to fund Lydia’s accelerating growth and expansion into becoming the one-stop shop for all the financial needs of the mobile generation. Amit Jhawar, the former General Manager of Venmo and Accel venture partner, led the investment for Accel and will join the Board of Directors… full press release

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