
Lidio
Online payment platform Mobilexpress now turns into a Payment Service Provider through "Lidio" branding.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
$2.0m Valuation: $8.5m | Series A | ||
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 80 % | 48 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Lidio is a fintech startup that provides a secure and user-friendly payment system. It hosts over 2.8 million registered cards, offering businesses the opportunity to tap into this vast customer base through the Lidio Pass. The company operates in the e-commerce market, providing integrated solutions for businesses to increase their sales and reduce costs.
Lidio's business model is centered around providing businesses with a unique registered card portfolio, which allows them to own their data. This can be done either through Lidio's Virtual POS system or through existing agreements with banks and payment institutions. This flexibility allows businesses to choose the method that best suits their needs and financial capabilities.
One of Lidio's key features is its closed-circuit card storage system, which enhances customer loyalty by offering an instant refund feature. This means that customers can make payments with a single click without having to repeatedly enter their card information during shopping.
Lidio is also integrated with the most popular e-commerce platforms, offering quick and flexible solutions to financial needs. Users of these platforms can activate Lidio's virtual POS services on the same day and start receiving payments securely. If a business is using one of Lidio's partner platforms, all they need to do is obtain API access information from Lidio and pass this information to their platform manager.
In summary, Lidio offers a secure and practical way to receive payments, with the added value of services such as Virtual POS. Payments from customers are transferred to the business's account on the same day, thanks to Lidio's robust infrastructure, thus accelerating cash flow.
Keywords: Fintech, Payment System, Registered Cards, Lidio Pass, E-commerce, Virtual POS, Closed-Circuit Card Storage, Instant Refund, Integrated Platforms, Cash Flow.