France
Lemonway, with its slogan "Payment Solution for Marketplaces & Alternative Finance Platforms," is a notable player in the FinTech industry. Established in 2007, this France-headquartered company has positioned itself as a pan-European payment institution aimed at supporting marketplaces and alternative finance platforms.
The company's solution stands out for its focus on a secure and regulated framework, complying with the ACPR's guidelines and holding an European passport, enabling operations across 29 countries. Lemonway boasts an impressive clientele, with over 400 marketplaces placing trust in its services. Currently, the company manages 1.4 million wallets linked to partner platforms.
This traction has attracted substantial investment, most recently a €40.00M Series B in October 2019, led by Toscafund. Previous financial backing of €50m came from Breega, SpeedInvest, and Toscafund, highlighting strong investor confidence and a promising trajectory in the FinTech sector.
