Antoine Orsini is a co-founder of Lemonway. The other two are Sebastien Burlet and Damien Guermonprez.
The turning point was December 2012, when Lemonway was granted a payment licence. That let it hold and move money for others, a role banks were slow to play. By 2016 it handled payments for 200 crowdfunding platforms and 1.3 million payment accounts.
In 2017 the regulator fined the company €80,000 and issued a reprimand over its anti-money-laundering controls. In 2018 it sold its Dakar subsidiary to refocus on Europe, the same year it raised a €10 million Series A from Breega and SpeedInvest.
Lemonway reached 2 million customer accounts in Europe in 2017 and broke even in 2023, with revenue of €32.3 million.