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Crypto Fintech Firm Lemon Completes $20 million Series B Funding, Led by F-Prime and ParaFi

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2025-10-13 04:14:13
Argentina-based crypto fintech company Lemon has announced the completion of a $20 million Series B funding round led by US funds F-Prime and ParaFi and backed by DRW Venture Capital, Endeavor Catalyst, Van Eck, Persea VC, Alumni Ventures and Lambda Class.
Founded in 2019 by CEO Marcelo Cavazzoli, Lemon provides a platform that allows users in Argentina and Peru to buy, sell, and store digital assets, make payments, and use Visa debit cards tied to their cryptocurrency holdings. Lemon plans to use the funds to fuel its expansion into Chile, Colombia, Brazil, and Mexico, and hopes to double its user base to 10 million in the next 12 months.
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