Tezos-based crypto payment center Lyzi raises €1.3 million in seed funding to expand the platform-web3.0-php.cn

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Tezos-based crypto payment center Lyzi raises €1.3 million in seed funding to expand the platform

Barbara Streisand

Apr 21, 2025 pm 01:51 PM

BlockchainaicryptocurrencyEthereumWhy

Lyzi, a crypto payment platform based in Tezos blockchain, announced a 1.3 million euro (about US$1.4 million) seed round of financing for further development and expansion of the platform.

Tezos-based crypto payment center Lyzi raises €1.3 million in seed funding to expand the platform

The round was led by DFNS founder Christopher Grilhault des Fontaines and Astek founder Jean-Luc Bernard. Lyzi plans to use the funds to launch services on Tezos' second layer solution, Etherlink, which is compatible with Ethereum Virtual Machines (EVMs), to expand its market coverage.

Lyzi's goal is to simplify the cryptocurrency payment process and make it more attractive to merchants. "We want to make cryptocurrency payments so convenient that merchants will ask themselves, 'Why not do this?'" said Damien Patureaux, CEO of Lyzi.

Currently, Lyzi mainly serves the French market, allowing consumers to use cryptocurrency to make daily payments in physical stores and e-commerce platforms. After the merchant accepts cryptocurrency payments, the funds will be transferred directly to their bank account.

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