Latest round

Series B

Last raised

Oct 2025

Total raised

$65M

Investors

19

About Lemon

Lemon Cash Inc. Lemon Cash Inc. was founded in 2018 in Argentina and operates as a comprehensive fintech platform providing cryptocurrency exchange and digital wallet services. In October 2025, Lemon Cash Inc. The founders include Borja Seward and Marcelo Cavazzoli, with Christopher Mukoka as the current CEO. Lemon Cash operates as a comprehensive fintech platform that enables users to engage with cryptocurrencies and digital assets in Argentina and beyond. The primary offerings include a cryptocurrency exchange and a digital wallet that facilitate the seamless exchange of Argentine pesos for cryptocurrencies such as Bitcoin, Ethereum, and stablecoins like USDT and USDC. Users can also access decentralized finance (DeFi) protocols, which allow for investment opportunities that aim to deliver weekly profits in various digital tokens.Lemon Cash generates revenue through transaction fees associated with trades made on its platform as users buy and sell cryptocurrencies. The business model includes both direct-to-consumer transactions, where individual users exchange local currency for digital assets, and P2P transactions that facilitate the trading of cryptocurrencies among users. The introduction of the VISA Lemon Card adds another revenue stream by offering cashback incentives on purchases, while also enabling users to transact in both cryptocurrencies and Argentine pesos across a wide range of services, enhancing customer engagement. The platform also promotes investment in DeFi, which may involve management fees related to the investment products offered. Overall, Lemon Cash’s revenue structure is multifaceted, leveraging its core product offerings to foster user growth and retention within the rapidly evolving cryptocurrency landscape.

Who invested in Lemon

19 investors across 4 rounds

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Funding rounds

  1. Series B

    Oct 8, 2025

    Amount

    $20M

    Investors

    Locked

  2. Series A

    Nov 26, 2022

    Amount

    $28M

    Investors

    Locked

  3. Series A

    Jul 27, 2021

    Amount

    $16M

    Investors

    Locked

  4. Seed

    Dec 1, 2020

    Amount

    $1M

    Investors

    Locked

Questions about Lemon

Who invested in Lemon?

Lemon has 19 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Lemon raised?

Lemon has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Lemon last raise money?

Lemon's most recent round on record is a Series B, in Oct 2025.

What does Lemon do?

Lemon is a financial services company.

Where is Lemon headquartered?

Lemon is headquartered in El Salvador.

Which VCs invest in companies like Lemon?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Lemon's stage. Their profiles are linked below.

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