Lydia partners with Qover

Paris-based banking startup Lydia has partnered with Qover to introduce travel insurance.

The new coverage, backed by Zurich and Cover-More, is available to Lydia’s Black+ cardholders in Belgium, France, Portugal and Spain.

Founded in 2013, Lydia has raised ~$260 million and it claims to have over 7 million users.

“Our priority was to craft a seamless experience for our Black+ users. We invest significantly in acquiring and maintaining our user base, and aligning insurance experiences with our high standards is key. Qover’s platform capabilities and transparent insights into claims data and program performance empower us to enhance user benefits. Moving forward, we’re committed to refining the insurance experience and backend processes, making Qover the ideal partner for Lydia.” – Cyril Chiche, co-founder and CEO of Lydia.

“From the outset, it was evident that Lydia had exceptionally high standards. Strict SLAs were a prime example. This was perfectly suited for Qover, where delivering such quality of service and customer satisfaction is inherent to our DNA. We’re eager to see how this partnership evolves, as we push the boundaries of what the fintech landscape can achieve.” – Quentin Colmant, CEO and co-founder of Qover.