Lydia Page, the new way of "making a Lydia"

Lydia Solutions has in recent months been increasing the launch of new solutions and features. Its neo-bank Sumeria recently launched its "programmed investment plans" its in-app calls promising more security, or its calendar expenditure monitoring. But the latest service from Lydia Solutions puts emphasis on its original core business: payment. Page Lydia still needs to facilitate payments between individuals, even anonymously.

FACTS

• Lydia Solutions has just announced the launch of Page Lydia, the new feature dedicated to payments between individuals.

• This time, users of the service should no longer be limited to their knowledge circle. Lydia page allows you to receive and send money to individuals anonymously.

• The new feature, accessible directly in the Lydia app, allows you to create or share a simple link or QR Code to receive a payment, without needing to share your bank details or personal information such as your phone number or email address. conceptvc: f4b08105-82fc-488d-8f10-d299e5ce59b5 notionvc: 1d50273f-9e61-48ff-8941-55794550241c

• Lydia Solutions highlights several concrete examples for which Page Lydia will prove relevant, in the context of payments in a brocante or an attic vacuum, to pay a tip or make a donation, even on the street, for example.

• If the recipient of the funds needs a Lydia account to create a payment link, the payer is automatically redirected to the Lydia app if he already uses it, but can also validate his payment via the corresponding web page by informing his card information. The latter does not necessarily need to have a Lydia account.

• Lydia Solutions then plans to offer other payment methods such as bank transfers, Apple Pay and Google Pay. conceptvc: 3b8bca9f-0516-4726-a9a1-6655fa3bf66c

ISSUES

• Open payment between individuals : The historic promise of Lydia payment service is above all to facilitate digital payments between individuals within their knowledge circle. Today the new Lydia Page service still opens up the possibilities of payment between individuals, including anonymously.

• Internationalizing the Service : In line with its objectives, Lydia Solutions is also international with the launch of Page Lydia. The service makes it possible to receive money from all citizens of the European Union, regardless of their bank. conceptvc: fe98b27f-5d9f-4fd1-9ed7-c5a318eea474

• Enjoying a new tool of conquest Lydia page is available free of charge to users of the application, and charges 2.5% of fees on transactions made outside the application. notionvc: 9c0d9e07-1496-40a3-b578-6f84e2054a6b

PERSPECTIVE

• This announcement once again confirms Lydia Solutions' expansion strategy. The group specified Last April, in order to extend its services to the euro area (a first step being ensured by launching Page Lydia and opening international payments between individuals). Lydia Solutions also plans to achieve profitability for its operations by the end of the year.

• And for that, the group also relies on the expansion of its features and on the great popularity of its payment service between individuals, which is still enriched today.

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