Lemonway
Founded Year
2007Stage
Private Equity | AliveTotal Raised
$44.07MValuation
$0000Last Raised
$27.81M | 5 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+9 points in the past 30 days
About Lemonway
Lemonway is a payment institution that specializes in providing payment processing and wallet management solutions for marketplaces, crowdfunding platforms, and e-commerce websites. The institution offers a modular payment system that enables clients to handle transactions, from collection to disbursement, with a focus on KYC/AML regulatory compliance. Lemonway primarily serves the e-commerce industry, crowdfunding platforms, and other online marketplaces. It was founded in 2007 and is based in Paris, France.
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Lemonway's Product Videos
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Lemonway's Products & Differentiators
A modular and compliant payment solution
In practice we deissociate three modules, the Pay-in (acceptance and acquisition), the regulatory offer linked to identity verification (KYC) & account management, the pay-out. Thus, marketplaces can choose to manage only the acceptance and leave the rest to Lemonway or vice versa.
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Research containing Lemonway
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Lemonway in 1 CB Insights research brief, most recently on Dec 14, 2023.
Dec 14, 2023
Cross-border payments market mapExpert Collections containing Lemonway
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lemonway is included in 5 Expert Collections, including SMB Fintech.
SMB Fintech
1,648 items
Payments
3,082 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech 100
500 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Fintech
13,559 items
Excludes US-based companies
Digital ID In Fintech
268 items
For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.
Latest Lemonway News
Jan 14, 2025
By Gloria Methri Share Lemonway, a European payment institution, has launched Online Onboarding , an innovative solution designed to streamline and enhance the merchant onboarding process for marketplaces. Available now, Online Onboarding eliminates the need for marketplaces to manage new customer onboarding themselves, allowing them to focus on strategy and business growth while staying competitive in the eyes of their partners. This turnkey solution offers a seamless, automated onboarding process, combining Lemonway’s expertise in payments with Entrust ETSI-certified identity verification with a Qualified Electronic Signature powered by the Onfido ID Verification solution. As a result, marketplaces rely on Lemonway to secure the complex, compliance-driven onboarding journey, ensuring a secure and efficient experience for their merchants. Key Features of Online Onboarding: End-to-End Onboarding Management: Lemonway now handles the entire onboarding process, from document collection to wallet creation. Rapid Onboarding: Identity validation is completed in under two minutes for individuals, with businesses verified within 48 hours. Seamless and Customisable: Personalised onboarding pages, aligned with marketplace branding, provide a frictionless experience. Fraud Prevention: The Onfido biometric liveness detection and document verification prevents sophisticated fraud attempts. Regulatory Compliance: The solution adheres to European KYC (Know Your Customer) and Anti-Money Laundering regulations. Scalable: Features like document automation, PEP (Politically Exposed Persons) checks, and intuitive dashboards ensure adaptability as businesses expand. “With Online Onboarding, Lemonway takes the operational burden off the shoulders of marketplaces, empowering them to concentrate on strategy, growth, and delivering value to their partners,” said Jeremy Ricordeau, Chief Product Officer and Chief Operating Officer at Lemonway. “Our solution, powered by world-class Onfido identity verification from Entrust, ensures compliance, security, and an exceptional user experience for merchants.” The Onfido identity verification technology provides advanced document verification, biometric checks, and fraud detection. By automating the verification process, Entrust enhances the speed and security of onboarding while supporting stringent regulatory compliance needs across the EU, helping Lemonway’s partners remain competitive in a demanding market. “We are delighted to support Lemonway’s Online Onboarding solution,” said Minh Nguyen, Vice President of Onfido products at Entrust. “Lemonway has been a foundational partner as we have built our Compliance Suite offering to support their strategic needs in the EU through ETSI-certified identity verification and QES technology. This collaboration enables marketplaces to deliver a seamless onboarding experience while meeting compliance requirements and maintaining their focus on core business objectives.” Previous Article
Lemonway Frequently Asked Questions (FAQ)
When was Lemonway founded?
Lemonway was founded in 2007.
Where is Lemonway's headquarters?
Lemonway's headquarters is located at 8, Rue du Sentier, Paris.
What is Lemonway's latest funding round?
Lemonway's latest funding round is Private Equity.
How much did Lemonway raise?
Lemonway raised a total of $44.07M.
Who are the investors of Lemonway?
Investors of Lemonway include Toscafund Asset Management, Speedinvest, Breega Capital, Bpifrance and UNIQA Ventures.
Who are Lemonway's competitors?
Competitors of Lemonway include Satispay, Klarna, Stripe, PayNearMe, YapStone and 7 more.
What products does Lemonway offer?
Lemonway's products include A modular and compliant payment solution and 4 more.
Who are Lemonway's customers?
Customers of Lemonway include Decathlon, October, Work Invoice and Estate Guru.
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Compare Lemonway to Competitors
Stripe provides services for businesses to manage online and in-person payments. The company offers products including payment processing Application Programming Interfaces (APIs), payment tools, and solutions for handling subscriptions, invoicing, and financial reports. Stripe serves sectors such as e-commerce, Software as a Service (SaaS), platforms, marketplaces, and the creator economy. Stripe was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.
TouchBistro focuses on providing an all-in-one point of sale (POS) and restaurant management system in the restaurant industry. The company offers a range of services, including front-of-house, back-of-house, and guest engagement solutions, which help restaurateurs streamline their operations, manage their menu, sales, staff, and more. Its services are designed to increase sales, improve guest experiences, and save time and money. It was founded in 2011 and is based in Toronto, Canada.
Pine Labs is a merchant platform that provides payment solutions across various business sectors. The company offers services, including in-store and online payment processing, customer loyalty programs, prepaid and gifting services, and analytics. Pine Labs serves sectors such as electronics, lifestyle, automobile, grocery, healthcare, and hospitality. It was founded in 1998 and is based in Noida, India.
PayNearMe develops technology to facilitate the end-to-end customer payment experience. It offers a billing and payment platform. Its platform helps users pay with cash for a range of goods and services from companies in e-commerce, property management, consumer finance, and transportation, enabling businesses and government agencies as well as retail stores to digitize cash collection processes. PayNearMe was formerly known as Handle Financial. The company was founded in 2009 and is based in Santa Clara, California.
Klarna is a financial technology company that provides payment solutions and shopping services. The company offers price comparison, installment payments, and consumer financing for online shopping. Klarna serves the ecommerce industry, providing services to both consumers and retailers. It was founded in 2005 and is based in Stockholm, Sweden.
Cellulant develops an electronic payment service connecting customers with banks and utility services to create a payment ecosystem. It offers a single application program interface payments platform that provides locally relevant and alternative payment methods for global, regional, and local merchants. Its platform enables businesses to collect payments online and offline while allowing anyone to pay from their mobile money, local and international cards, and directly from their bank. It was founded in 2004 and is based in Nairobi, Kenya.
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