The mobile banking platform developer's latest round, co-led by Tencent, is the latest in a busy 2021 for the French tech sector.

France-based finance management app developer Lydia secured over $100m in a financing round co-led by internet and gaming group Tencent yesterday, capping off a fervent 2021 for French technology funding.

Venture capital firm Accel and venture studio Founders Future co-led the round with Tencent, participating alongside investment group Dragoneer and alternative asset manager Echo Street Capital Management at a valuation exceeding $1bn.

Lydia is the operator of a diversified financial services app with more than 5.5 million users – 2…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.
Email LinkedIn