Lemon, Another Mobile Wallet App, Raises $8M, Backed By Starbucks CEO

By  |  June 12, 2012
 | 

Lemon, a cloud-based expense tracking service that has recently expanded into the digital wallet space, raised $8 million in a round of equity funding this week.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Lemon’s wallet is more of a backup than a replacement for the physical version; as TechCrunch notes, the app isn’t payment-enabled at this point. But it does store a variety of card types, including identification and loyalty cards.

    Among the backers in this round was Starbucks CEO Howard Schultz, who invested through the VC firm he co-founded, Maveron.

    Read the full story here.


    See More In: