Lemon Way, a Paris-based payment processor for e-commerce marketplaces, has secured a EUR25 million funding from Toscafund Asset Administration.
The agency supplies an all-in-one platform of modular and propriety API-based providers from on-boarding to cash pay-out flows. It now works with greater than 1400 European marketplaces and final 12 months dealt with whole enterprise quantity of EUR1.9 billion in flows.
The newest funding shall be used to develop extra merchandise and strengthen the agency’s presence within the UK and Germany.
The funding supplies us with substantial further sources, permitting us to carry the corporate to the subsequent degree, says Antoine Orsini, CEO, Lemon Method.
Due to this new fundraising spherical, we’ll proceed to develop our merchandise with new cost options aligned along with your wants and the necessities of what you are promoting.
Already well-established in France, Italy and Spain, we’ll carry on rising to improve our footprint in the UK, Germany and The Netherlands.
Our Fee Establishment accreditation permits us to function wherever in Europe, and it’s our ambition to supply an answer completely tailored to the cost strategies utilized in every of the European international locations.
Already 10 main banks are already partening with Lemon Method, and we’ll proceed to develop these bonds with new banking companions to complement our provide and to offer you a totally packaged value proposition whereas complying with native rules and specificities.
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