Lydia in the news

Lydia is replacing phone numbers with QR codes for peer-to-peer transfers to improve data protection and security amid increasing competition.

Lydia is ending phone number-based peer-to-peer transfers, switching to QR codes due to privacy concerns and increased competition.

Lydia is phasing out phone number-based transfers for QR codes, driven by privacy concerns and intensified competition in the digital payment sector.

Lydia will stop using phone numbers for peer-to-peer payments, opting for QR codes due to security concerns and increased competition.

Lydia replaces phone number transfers with secure links to combat fraud and harassment, while its online bank Sumeria reached profitability in 2026.

Lydia, a digital payments company, is discontinuing the use of phone numbers for payments due to privacy concerns and increasing competition, transitioning to a QR code system instead.

Lydia, a mobile payment company, is discontinuing its phone number-based money transfer service due to market changes and increased competition, shifting to QR codes and payment links for transactions.

Lydia ceases using phone numbers for peer-to-peer payments, implementing links and QR codes instead, citing privacy concerns amidst rising cyberattacks, and challenges competitors like Wero to follow suit.

Lydia is expanding its online bank account Sumeria, which aims for a banking license and helps users with budget management.

Lydia Solutions achieved profitability across its money transfer and neobank Sumeria activities, generating cash and 3.5 million euros in monthly revenue.

SumUp, a payment terminal provider, is launching online bank accounts for consumers in several European markets, competing with existing digital banking services like Lydia's Sumeria.

A community-driven Facebook group helps users manage their Sumeria accounts while discussing banking alternatives like Green-Got and N26.

Lydia makes online money pots free for users who contribute through its own payment apps rather than bank cards.

Lydia removes fees on online money pots while Lucya CNP launches a highly competitive life insurance contract with minimal management costs.

Inactive Sumeria accounts linked to Lydia incur €3 monthly fees, and users must delete accounts via app or email to avoid charges, with irreversible data loss upon closure.

Lydia's online bank Sumeria charges 3 euros monthly for inactive accounts, prompting users to either use or permanently delete their accounts to avoid fees.

Lydia offers mobile payment services via its Lydia app and full banking features through Sumeria, including accounts, cards, savings tools, and professional payment solutions, regulated as an electronic money institution.

Lydia Pro offers professionals and associations a secure, low-fee payment collection solution with transaction management, flexible payment options, and automatic fund transfers.

Sumeria provides remunerated current accounts with tiered Visa cards, investment options, and budgeting tools, evolving from Lydia's peer-to-peer payment app into a full digital banking service.

Sumeria, la banque en ligne de Lydia, instaurera des frais de 3 euros par mois pour les comptes inactifs, impactant moins de 0,5% des clients.