Lemon Cash operates a mobile-first crypto ecosystem that lets users buy, sell and store digital assets, connect to DeFi protocols, make international transfers, trade P2P and interact with NFTs. A flagship international prepaid Visa card gives customers the ability to spend in local currencies while earning Bitcoin rewards, driving real-world crypto utility. The company distinguishes itself through a transparency program that publishes on-chain proof-of-reserves, assuring users that deposits are fully backed. Lemon already serves more than 5 million users across Argentina and Peru, onboarding over one million Peruvians and issuing 150,000 crypto-linked Visa cards in just one year. Management intends to leverage this traction to become the most widely used crypto platform in Latin America. Near-term expansion targets include Colombia, Mexico and Chile, along with a strategic re-entry into Brazil. The platform’s blend of fiat and blockchain services positions it as a financial inclusion tool in markets coping with high inflation and limited traditional banking access.

Total raised

$36M

Funding rounds

2

Latest round

Series B

Latest activity

Oct 2025