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Lemon

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LatAm crypto wallet and Visa card for buying, saving, and spending digital assets

Buenos Aires, ArgentinaFounded 2019Fintech
Valuation $100–250M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Lemon and the history behind them.

About Lemon

Lemon is an Argentina-based crypto fintech founded in 2019 by Marcelo Cavazzoli. Its consumer app lets users buy, sell, hold, and spend cryptocurrencies and stablecoins, transfer funds via CVU, earn yields, and pay with a Lemon Visa card. Lemon leads retail crypto adoption in Argentina and Peru, with nearly 5 million users across the region, and is expanding into Colombia, Mexico, Brazil, and Chile. The platform processes high transaction volumes and publishes proof-of-reserves for custodied assets. In October 2025 Lemon closed a $20 million Series B co-led by F-Prime and ParaFi Capital, bringing total capital raised to about $66 million, to accelerate LatAm expansion and product growth.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Buenos Aires, Argentina
Employees
349
Open positions
2
Dealroom signal
88.4/100
Industry
Fintech
Sub-industry
Crypto and DeFi
Sector
Fintech, Crypto Exchange, Cefi, Custodial Wallet, Crypto and Web3, Hard Tech
Technology
Blockchain
Business model
Marketplace & ecommerce
Client focus
b2b, b2c

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Oct 2025 $20M $139M VanEck · Stani Kulechov · LambdaClass · F-Prime ↗
SERIES AOther financing Nov 2022 $28M $111M Valor Capital Group · CMT Digital Ventures · FTX · Cadenza ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Lemon website traffic

Latest recorded traffic for Lemon is 150K monthly website visits, down 25% over the last three months. Lemon's team grew 10.4% over the past year.

Latest monthly visits150K 3-month web change-25% 1-year team growth+10.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

21 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Draper Cygnus
  • Amagis Capital

Series A19 investors entered at this stage

Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
13 countries with
team presence
🇦🇷 Argentina88%
🇨🇴 Colombia1.8%
🇺🇸 United States1.8%
🇧🇷 Brazil1.8%
🇵🇪 Peru1.2%
Top 5 of 13 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Lemon on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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