Lemon
Argentina's crypto card leader, born in a Patagonian town, scaled on stablecoin savings culture.
Argentina's crypto-card leader; 3M+.
- Who holds it
- A licensed crypto-asset custodian holds the assets on your behalf — Registered VASP/PSAV (CNV Argentina, No. 162); payment account via Digifin S.A..
- The ledger
- The custodian’s books, reconciled against on-chain balances.
- If it fails
- Recovery hinges on the custodian’s solvency and how cleanly client assets are segregated.
Derived from Lemon’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | hybrid |
| HQ | Buenos Aires, AR |
| Founded | 2019 |
| Custody | Custodial |
| Regulation type | VASP / MSB / crypto licenses |
| License detail | Registered VASP/PSAV (CNV Argentina, No. 162); payment account via Digifin S.A. |
| Card | Visa · Prepaid |
| Cashback | Up to 2% BTC |
| Yield | Yield on stables (region) |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | Latin America |
| Countries | Argentina, Brazil, Peru |
| Founders | Marcelo Cavazzoli, Borja Martel |
| Funding | ~$60M raised |
Verified links: official site ↗ · terms ↗ · @lemoncash_ar ↗
Common questions about Lemon
What is Lemon?
Lemon is a fiat-and-crypto neobank, headquartered in Buenos Aires, AR and founded in 2019. Your money is held custodially, so Lemon or its partner bank holds the balance and you hold a claim on it. It holds VASP / MSB / crypto licenses (Registered VASP/PSAV (CNV Argentina, No. 162); payment account via Digifin S.A.).
Does Lemon have a card, and where can you use it?
It issues a Visa prepaid card. It is available in 3 countries, across Latin America.
Does Lemon require KYC?
Yes. Lemon requires identity verification (KYC) to open an account, as a vasp / msb / crypto licenses.
What does Lemon cost?
From the verified fields: cashback Up to 2% BTC; yield Yield on stables (region). Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Lemon before relying on them.
Peers
Revolut · Mercado Pago · Crypto.com · Binance Card · Bybit Card · OKX Card
Lemon appears in
Neobanks operating under crypto and money-transmitter licenses (25) · Neobanks available in Latin America (113) · Neobanks that issue a Visa card (182) · Neobanks in Argentina (10)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.