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French fintech Lydia has raised $100 million in Collection C funding, attaining unicorn standing with a valuation of over $1 billion.
- The funding spherical contains new buyers Dragoneers and Echo Avenue together with current backers Tencent, Accel and Founders Future, TechCrunch reported Wednesday.
- Lydia just lately allowed its 5.5 million customers to put money into digital belongings together with crypto and fractional shares in partnership with Austrian alternate Bitpanda.
- The agency raised $131 million in two funding rounds final 12 months and affords a variety of companies together with present accounts, categorical loans, cellular funds and investments via its app.
- Lydia plans to make use of the recent funding to rent 800 extra employees over the following three years and increase its buyer base to 10 million by 2025.
Learn extra: Crypto Change Bitpanda Raises $263M at $4.1B Valuation
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