Lemonway is a pan-European payment institution dedicated to marketplaces, alternative finance platforms and other companies looking for payment processing, wallet management and third-party payment in a KYC/AML – regulated framework. Its payment solution is trusted and used by over 1,400 marketplaces in Europe including 200 crowdfunding platforms.
Since December 2012, the company has opened 8 million payment accounts (e-wallets) and has registered more than 170 platforms as agents with the ACPR – Banque de France. Lemonway self-financed its growth for 10 years and then raised €35M from three VC funds, Breega Capital, Speedinvest and Toscafund Asset Management. Lemonway is approved and regulated by the ACPR and benefits from the ” EU financial passport” in 29 countries.
The company based in Paris (HQ), Madrid, Milano, Hamburg employs 107 people from 17 different nationalities. CB Insights named Lemonway in its 250 FinTech List of the Fastest-Growing FinTech Startups and among the 28 most promising FinTech companies in Payments Processing & Networks at a global level and it is also part of the French Tech 120, the pool of most innovative companies supported by the French Government.
Lemonway was created in France by Sebastien Burlet
Winner of the National Research Competition and filing of the first mobile payment patent in France
Deployment of the payment platform with payment account management in the European banking sector
Obtaining ACPR Payment Institution license and European passport
Turnover quadruples in one year and goes from €1M to €4M
The number of employees increases from 12 to 60 in one year and offices are open in Madrid & Milan
Launch of the 100% secure payment solutions Lemonway for E-commerce and Lemonway Collect
Breega Capital and Speedinvest investment funds acquired a stake in the capital after raising €10M
ToscaFund acquired a stake in the capital and invested €25M
Lemonway is part of French Tech 120