Lemon

Lemon Cash Inc. is an Argentine fintech company that specializes in enabling users to buy, sell, and manage cryptocurrencies through its platform, targeting both individuals and investors in the digital asset space. 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. raised USD 20 million in series B funding co-led by F-Prime Capital and ParaFi Capital, with participation from DRW Venture Capital, Endeavor Catalyst, Van Eck, Persea Capital, Alumni Ventures Group, and Lambda Class. Individual and other unspecified investors also participated in the round. 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. The app is designed for a diverse clientele, including individual investors and crypto enthusiasts, providing functionalities for international transfers, crypto bill payments, and NFT acquisition.

Lemon Cash's services are primarily targeted toward users in Latin America, focusing on making cryptocurrency accessible and user-friendly for the general public. 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. The company will use the October 2025 funding to expand its crypto wallet services into Brazil, Chile, Colombia, and Mexico and grow its user base to ten million.