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Lydia raises another $86 million
source link: https://fintechranking.com/2020/12/17/lydia-raises-another-86-million/
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Lydia raises another $86 million
French fintech startup Lydia has extended its Series B round, TechCrunch reports. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now raising another $86 million, which means that Lydia has raised $131 million in total as part of its Series B round.
While Lydia wouldn’t discuss the valuation of the round, its co-founder and CEO gave me a hint. “The value of the company has really significantly increased between the two parts of the B round,” he told me.
Read more: TechCrunch
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