Sumeria (Lydia)
France's 'send me a Lydia' P2P verb rebranded to Sumeria to become a real current account.
France's P2P leader turned full account.
- Who holds it
- An e-money institution holds your balance in a safeguarding account — E-money institution (Lydia Solutions, ACPR France, CIB 17598); credit-institution license applied for.
- The ledger
- The e-money institution’s own ledger.
- If it fails
- Safeguarded funds are returned in administration — ring-fenced, but access can be frozen and slow.
Derived from Sumeria (Lydia)’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Paris, FR |
| Founded | 2013 |
| Custody | Custodial |
| Regulation type | E-money institution |
| License detail | E-money institution (Lydia Solutions, ACPR France, CIB 17598); credit-institution license applied for |
| Card | Visa · Debit |
| Yield | ~2-4% on balance |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Europe |
| Countries | France |
| Founders | Cyril Chiche, Antoine Porte |
| Funding | ~€260M raised |
Verified links: official site ↗ · terms ↗ · @sumeria_app ↗
Common questions about Sumeria (Lydia)
What is Sumeria (Lydia)?
Sumeria (Lydia) is a fiat neobank, headquartered in Paris, FR and founded in 2013. Your money is held custodially, so Sumeria (Lydia) or its partner bank holds the balance and you hold a claim on it. It is regulated as an e-money institution (E-money institution (Lydia Solutions, ACPR France, CIB 17598); credit-institution license applied for).
Does Sumeria (Lydia) have a card, and where can you use it?
It issues a Visa debit card. It is available in Europe.
Does Sumeria (Lydia) require KYC?
Yes. Sumeria (Lydia) requires identity verification (KYC) to open an account, as a e-money institution.
What does Sumeria (Lydia) cost?
From the verified fields: yield ~2-4% on balance. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Sumeria (Lydia) before relying on them.
Early investors
Peers
Monzo · Wise · Starling Bank · Atom Bank · Zopa Bank · Chase UK
Sumeria (Lydia) appears in
Neobanks authorised as e-money institutions (48) · Neobanks available in Europe (144) · Neobanks that issue a Visa card (182) · Neobanks in France (11)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.