French startup Lydia is launching into a whole new category at the end of the year by adding business features to its financial super application. The company is partnering with feature Bitpanda under this feature.
Users of Lydia application will also be able to buy ,hold and sell European stock and US stock, cryptocurrencies, precious metals, and ETFs. Lydia Application launched as a peer-to-peer payment in its application that allows users to receive and send money instantly from their mobile application. Lydia has over time added more features to its application, such as IBAN, Debit Card, Money Pool, Cashback, Charity, Personal Loan, etc
Lydia introduced savings accounts powered by Cashbee a few months back. This is a very good old fixed-rate savings account. Lydia offers 0.6% in interest. It’s not much, but it’s much better than leaving it on your main Lydia account.
And the facility is working well too. On average, users opening a savings account in the Lydia application put thousands of euros in their account. And the next step is trading, which introduces high risk but great potential returns.
If you want to buy property right now, it’s very difficult,” Cyril Chiche, co-founder and co-founder of Lydia Applications, told us. And yes, it’s even harder to access those markets. Register and verify your account It takes you a lot of days and time to do porn. After this you have to send money. And after that, there are minimum amounts.”
Along with the trading convenience of the Lydia application, creating a great trading account requires just a few taps into the application. Application user need not send their passport photo again and again, users don’t even need to create new account with different password.
In Lydia app no need to plan ahead as the money is credited to the users’ Lydia application account instantly.