Lemon Way lands €25m to grow payments platform in Europe

Lemon Way, a Paris-based payment processor for marketplaces, e-commerce sites and crowdfunding platforms, has raised €25 million from Toscafund Asset Management.

The venture says that the funding will go towards further developing its products and expanding its presence in the UK and Germany. It previously raised €10 million from two venture capital funds.

"We are pleased to have found in Toscafund a strong and internationally experienced partner which is complementary to our first round investors Breega and Speedinvest. The investment provides us with substantial additional resources, allowing us to bring the company to the next level,” says Antoine Orsini, CEO and Co-founder, Lemon Way

Fabrizio Cesario, Partner at Toscafund, comments: “Building on our established track record in providing capital to successful entrepreneurs, this investment is perfectly in line with our mission to support companies taking advantage of technological change to disrupt the financial services industry.”