The Lydia payment service has attracted investments in the amount of $100 million
The company has successfully completed a Series C funding round
09.12.2021 - 08:30
134
1 min
0
What’s new? The Lydia payment service has completed another Series C funding round, the TechCrunch portal reports. The company has raised $100 million in funds and its valuation has risen to $1 billion.
News on the TechCrunch website
Who participated? The startup's major investors include such large companies and funds as Dragoneer, Accel, Echo Street, Founders Future, and Tencent.
“What’s really impressive with this round is that it is primarily financed by existing investors,” said Lydia CEO Cyril Chiche.
How do they plan to use the funding? The funds raised will be used to expand Lydia's staff to 800 employees. Another major goal is to increase the service's audience from its current 5б5 million clients to 10 million over the next four years. The main focus will be on attracting new users from the European region.
Useful material?
Telegram 
Twitter Incidents
Crypto mixer smart contracts do not have an administrator key, so no one can control them, and they are not considered proprietary
Nov 27, 2024
Market
According to the politician, this will combat widespread corruption by ensuring transparency and accountability of budgetary funds
Nov 26, 2024
Market
Justin Sun invested $30 million in the project
Nov 26, 2024
Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Cryptocurrency rates
-
Bitcoin
$96 255
BTC
+4.64%
-
Ethereum
$3 580.59
ETH
+9.66%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.49
XRP
+10.64%
-
Dogecoin
$0.40117
DOGE
+7.6%
-
Cardano
$1.03
ADA
+13.74%
-
Stellar XLM
$0.502512
XLM
+15.4%
-
Polkadot
$8.37
DOT
+6.67%
-
Bitcoin Cash
$516.95
BCH
+7.27%
-
Litecoin
$96.92
LTC
+8.45%