Lemon raised USD 20 million in Series B financing on October 8, 2025, led by F-Prime and ParaFi, with participation from DRW Venture Capital, Endeavor Catalyst, Van Eck, Persea VC, Alumni Ventures, Lambda Class, and Stani Kulechov.1
Use of proceeds
The capital funds expansion into Mexico, Brazil, Colombia, and Chile, with a target of 10 million users within twelve months.1 Lemon and Lambda Class are behind Sur, the on-chain local-currency infrastructure for Latin America.2
Statement
Federico Carrone, founder of Lambda, said: “I’ve seen many fintechs try to simplify finance, but very few manage to earn people’s trust at scale. Lemon Cash is doing both.”1