16 July 2019
Lemonway, the pan European payment institution, has today been appointed as the UK partner for online investment platform Angels Den Funding.
Lemonway, who manage crowdfunding and crowdlending payments for nearly one thousand platforms across Europe, will handle all payment transactions in the UK for Angels Den Funding., Their focus will be on providing a better customer experience, while ensuring full compliance with market regulations, catering to meet the needs of its users.
Adrian Enache, CEO of Angels Den Funding, comments:
“We selected Lemonway to handle our UK payments after a thorough competitive analysis. We were impressed with Lemonway’s best-in-class approach to regulation and compliance, which gave our team confidence that they would be our best choice. Furthermore, we can confirm that the implementation process was straightforward and professional. We look forward to building a long-lasting working relationship together.”
Emmanuel de Cazotte, Lemonway President of the Supervisory Board and Head of UK, adds:
“We are proud to serve Angels Den Funding in the UK and abroad and we are thrilled with this promising opportunity. Our streamlined one-stop shop provides crowdfunding platforms with the means to scale rapidly without worrying about reconciliations, payment regulatory constraints, or KYC/AML processing. We hope this will be a showcase for Lemonway’s future growth in the UK.”
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Lemonway is a pan-European payment institution dedicated to marketplaces, crowdfunding platforms, e-commerce websites, 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 websites in Europe including 200 crowdfunding platforms. Since December 2012, the company has opened 5 million e-wallets to end-users and has registered 95 platforms as agents with the ACPR – Banque de France. Lemonway self-financed its growth since its creation in 2007 and then raised €10M from two VC funds, Breega Capital and Speedinvest, in July 2018. Lemonway is approved and regulated by the ACPR and benefits from the ” EU financial passport” in 29 countries. The company based in Paris (HQ), London, Madrid, Milano, employs 70 people from 14 different nationalities.) In 2018, it processed €2Bn (money-in/money-out) in 2018 compared to €1.4M in 2017 (up 43%). 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.
Website: www.lemonway.com Twitter: @LemonWay
About Angels Den Funding
Angels Den Funding is an online investment platform that makes it simple for investors to own shares in early-stage companies with great potential. Using Artificial Intelligence combined with their team’s vast experience, Angels Den Funding are constantly improving their start-up selection process. Their mission is to ensure that investors have access to businesses that meet the highest standards.
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