Partnership brings together innovative Bitcoin financial infrastructure to fuel growth in Latin America.
LOS ANGELES, June 30, 2022 /PRNewswire/ — OpenNode continues its relentless growth and innovation of the Lightning Network through its partnership with Lemon Cash, an Argentinian financial services company best known for its digital wallet and argentina most downloaded cryptocurrency app. Powered by OpenNode’s state-of-the-art technology, Lemon Cash customers will soon be able to facilitate Bitcoin transfers to and from their wallets as well as facilitate Bitcoin payments by taking advantage of the Lightning Network’s low cost and instant settlement. .
Over a million Argentines have embraced Lemon Cash with exponential growth expected to continue following its recent entry into the Brazilian market.
“This partnership is another example of our ability and confidence in Bitcoin as the new base layer for global payments,” says Josh held, Head of Strategy at OpenNode. “We are proud to support Lemon’s mission, its desire to evolve and benefit its customers, and ultimately the growth of the Bitcoin economy in Latin America and beyond.”
Co-founder of Lemon Cash Borja Martel Seward added, “Introducing the Lightning Network to over 1 million users in partnership with OpenNode will be a big step towards our primary goal of making crypto more usable and accessible in LATAM.
In 2017, OpenNode was the first company to innovate on the Lightning Network, a bitcoin scaling solution that provides instant and final payment settlement without the risk of chargeback fraud. OpenNode focuses solely on Bitcoin as it offers the highest level of security and regulatory compliance, while other cryptocurrencies remain speculative and insecure.
For media inquiries, please contact Tim Stuart at (818) 699-8193 or tim(at)opennode(dot)com.
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OpenNode is a leading Bitcoin payment infrastructure platform, serving businesses in 126 countries through our Bitcoin Lightning Network powered products. We eliminate complexity and risk by providing superior technology solutions, including turnkey no-code hosted checkouts, e-commerce plugins and APIs for custom integrations. Compatible with all bitcoin wallets, OpenNode transforms money and payments for any business, anywhere. Founded in 2017 and backed by influential global investors, OpenNode is on a mission to empower and connect the world with Bitcoin.
About Lemon Cash
Lemon (lemon.me) is one of the fastest growing crypto startups in the world. Its main goal is to launch civilization into the future of money and the Internet, with a particular focus on Web 2 and Web 3 interoperability. Lemon’s main product is a wallet with FIAT and banking capabilities and Crypto & Web 3 features such as crypto interest accounts, trading and more. Founded in 2019 by entrepreneurs Marcelo Cavazzoli and Borja Martel Sewardthe company has offices in Argentina and Brazil and grows throughout the region. In 2020, Lemon raised its 1M Round table led by the American fund Draper University Ventures and the Argentinian fund Draper Cygnus, also joined by the British Silent Unicorn and Amagis Capital. Thanks to the contributions received, and after announcing a further increase of $16.3 million in its Series A led by Kingsway Capital with the co-participation of renowned investors such as Draper Associates and Coinbase Ventures, Lemon is currently one of the most promising and successful crypto companies in the region, and the one of the few to have crossed the 1M usage threshold in 2022.