The cryptocurrency payment app Lyzi has completed a seed round financing of approximately $1.4 million, with participation from Astek's founder and others

ChainCatcher news, according to CoinDesk, the crypto payment app Lyzi has completed a seed round financing of approximately $1.4 million, with investments from Astek founder Jean-Luc Bernard and Dfns founder Christopher Grilhault des Fontaines.

Lyzi is built on the Tezos Layer 1 blockchain, allowing consumers to make everyday payments using cryptocurrency in retail and e-commerce environments, while merchants receive payments in cryptocurrency and have fiat currency deposited directly into their bank accounts.