Lemon Secures $20 Million in Series B Funding to Expand in Latin America

2025-10-13 13:16

Lemon, a crypto fintech company based in Argentina, has raised $20 million in a Series B funding round led by F-Prime and ParaFi. Notable participants include DRW Venture Capital, Van Eck, Persea VC, Alumni Ventures, and Lambda Class. The company aims to expand its services into Colombia and Mexico, targeting a user base increase from 5 million to 10 million over the next year. Founded in 2019, Lemon offers digital asset trading, payment solutions, and Visa crypto debit card services. With this latest funding, Lemon's total capital raised reaches $66 million. The platform anticipates processing $9.3 billion in transactions and managing over $160 billion in user assets by 2025.

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