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Lemon raised $20 million in a Series B round co-led by F-Prime and ParaFi to expand its crypto wallet services and launch new products.

Oct 10, 2025•2 months ago

Amount Raised

$20 Million

Round Type

series b

Buenos AiresFintechFinanceSoftware

Investors

Stani KulechovVan Eck VcEndeavor CatalystDrw Venture CapitalPara FiF Prime

Description

Lemon, the crypto wallet giant from Argentina and Peru, secured $20 million in a Series B funding round. Co-led by F-Prime and ParaFi, the investment aims to support Lemon's expansion into Colombia and the launch of innovative products. With 5 million users, Lemon is set to strengthen its position as a leading crypto gateway in Latin America. The upcoming VISA Lemon Card will enhance user payment options with cashback in Bitcoin.

Company Information

Company

Lemon

Location

Buenos Aires, Autonomous City Of Buenos Aires, Argentina

About

Lemon is a Latam-born company spearheading the retail cryptomarket in the region with the most active user ranking in Argentina and the second highest in Latam.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech