(BFM Stock Exchange) – The co -founder of the specialist in payment services with friends and online prize pools indicated to explore the track of an IPO within five years, during an online conference.

The French fintech Lydia Solutions, which is the source of the Lydia payments application, plans a IPO within five years, said its co -founder Cyril Chiche on Wednesday.

We have all that on the map: Lydia international launch, obtaining a credit institution approval for Sumeria (hoped before the end of this year, editor’s note), and IPO (initial public offering, or Introduction on the stock market, editor’s note), all of this being in this five -year horizon, “said Cyril Chiche during an online conference organized by the Cabinet Syrtals Cards.

235 million euros raised since its creation

Launched in 2013, the application of payments between individuals Lydia has been enriched over time. His parent company, founded in 2011,, for example, launched in France in May 2024 an online bank, called Sumeria.

The company then planned to invest 100 million euros and hire 400 people in the three years, and had the aim of reaching five million customers within this period.

The company has raised 235 million euros since its creation with Accel, Tencent, Xange, New Alpha, Duval group and Founders Future.

During his last fundraising at the end of 2021, which allowed him to obtain at least at that time the status of unicorn (company valued more than a billion dollars), the start-up already mentioned its views of Spain, Portugal, Germany and Italy and planned to hire nearly 800 people in the three years. According to its website, it has 250 employees based in Paris, Nantes, Bordeaux and Lyon.

Invited to the same conference, the head of the German neobank N26 in France, Jérémie Rosselli, also spoke of the horizon of the entry into his business, “at three years”.

(With AFP)