Lemon Wallet
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Type of site
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Online service |
|---|---|
| Available in | English |
| Founded | July 2011 |
| Headquarters | Palo Alto, California, United States |
| No. of locations | 1 (in Argentina) |
| Area served | United States |
| Founder(s) | Wences Casares |
| CEO | Wences Casares |
| Industry | Mobile wallet |
| Services | Freemium Lemon Wallet app; Subscription-based Lemon Wallet app |
| Website | www |
| Advertising | No |
| Registration | Required |
| Launched | June 2012 |
| Current status | Disabled |
Lemon Wallet was a cloud-based digital wallet that allowed users to store digital copies of credit cards, debit cards, reward cards, as well as identification, and other card information. The service was released in July 2011 and the company is based in Palo Alto, California, United States.Wences Casares is the company’s CEO.
The Lemon Network platform, launched in July 2013, connected payment information from Lemon Wallet directly to a merchant for payment processing.
Lemon used OCR technology to store and organize users’ information from various cards (IDs, health insurance, credit, debit, rewards, etc.) and receipts. An upgraded version allowed users to monitor bank accounts and includes expanded security features such credit card balance monitoring, alerts for questionable charges, card expiration reminders, and the ability to cancel and restore cards. Lemon also allowed users to store receipt data. The service also organized expense reports (using receipt data), which could be accessed from the web application or mobile device. This data could be used to submitting expense reports. A freemium version of the service was available, as well as a paid subscription. The Lemon application was compatible with iOS, Android, and Windows Phone devices.
The company released the beta version of the service as an expense tracking and management service in July 2011. It soft-launched at the TechCrunch Disrupt conference’s startup alley in September 2011, and officially launched in October 2011. In February 2012, the company announced it had reached one million users.
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