Lemonway
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 7.0m | 6.0m | 6.0m | 7.6m | 12.0m | 16.0m | 32.0m |
% growth | 17 % | (14 %) | - | 27 % | 58 % | 33 % | 100 % |
EBITDA | <1m | (5.0m) | (6.0m) | (7.0m) | (8.0m) | (11.5m) | 6.5m |
% EBITDA margin | 7 % | (83 %) | (100 %) | (92 %) | (67 %) | (72 %) | 20 % |
Profit | - | (6.9m) | (5.8m) | (8.1m) | (9.6m) | (11.1m) | 5.0m |
% profit margin | - | (115 %) | (97 %) | (107 %) | (80 %) | (69 %) | 16 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€1.3m | Angel | ||
€500k Valuation: €65.0m 16.3x EV/LTM Revenues 162.5x EV/LTM EBITDA | Seed | ||
* | €10.0m | Series A | |
* | €40.0m | Series B | |
Total Funding | AUD88.1m |
Related Content
Recent News about Lemonway
EditLemonway is a financial technology startup that provides a secure and adaptable solution to simplify transactions on marketplaces and crowdfunding platforms. The company operates in the financial services market, specifically targeting B2B, B2C, and C2C marketplaces.
Lemonway's business model is centered around making the management of payments on platforms straightforward and compliant. It serves clients who administer marketplaces or crowdfunding platforms, helping them manage transactions between donors, investors, and project holders.
The company offers a powerful and adaptable API for developers, providing a unified solution to combat fraud and reduce risks. This includes an accelerated opening of payment accounts through instant KYC (Know Your Customer), a process used by companies to verify the identity of their clients.
Lemonway also provides efficient and centralized management of payment accounts. It offers an intuitive dashboard for a complete follow-up of your activity. The company prides itself on customer service, offering dedicated experts to assist clients throughout their integration project.
In terms of revenue, Lemonway makes money by charging fees for its services, which include payment processing, fraud prevention, and account management.
Keywords: Financial Technology, Payment Processing, Fraud Prevention, B2B, B2C, C2C Marketplaces, Crowdfunding Platforms, API for Developers, KYC, Account Management.