At Afranga, protecting your money is our top priority. That’s why we’ve partnered with Lemonway, a licensed electronic money institution based in France, to handle all investor payments and operations on the platform. In this article, we’ll take a closer look at what Lemonway is, why we work with them, and how this partnership helps safeguard your investments — especially compared to traditional peer-to-peer (P2P) lending platforms.
What is Lemonway?
Lemonway is a French-based electronic money institution (EMI) authorized and supervised by the French Prudential Supervision and Resolution Authority (ACPR) under the registration number 16568. Lemonway provides payment services across Europe, powering marketplaces, crowdfunding platforms, and financial services providers with secure payment infrastructure.
For Afranga investors, this means that every euro you deposit or receive on the platform flows through a dedicated Lemonway account opened in your name, ensuring legal separation from Afranga’s own company funds.
How Lemonway Protects Your Funds
When you invest through Afranga, your funds are never held by us. Instead, they are securely stored by Lemonway in a dedicated payment account. Here’s what that means in practice:
- Your money is not part of Afranga’s balance sheet
Your funds are held outside of Afranga’s operational accounts. Even in the unlikely event that Afranga ceases operations, your money remains safe and accessible through Lemonway. - Each investor has their own payment account
Lemonway creates an individual account in your name automatically when you register on Afranga. This account is used for both deposits and repayments. - Full transaction traceability
All incoming and outgoing payments are registered and can be traced directly to your Lemonway account, offering full transparency and auditability. - No hidden fees or additional steps
The integration is seamless — there’s no change in user experience and no fees for creating or maintaining your Lemonway account.
Better than Traditional P2P Platforms
Many traditional peer-to-peer platforms use internal wallets or pooled accounts to manage investor funds. While that may appear simpler, it comes with risk:
| Feature | Afranga (with Lemonway) | Traditional P2P Platforms |
| Licensed EMI involved | ✅ Yes | ❌ Rarely |
| Separate investor accounts | ✅ Yes | ❌ Often pooled |
| Regulator oversight | ✅ ACPR (France), FSC (Bulgaria) | ❌ Varies widely |
| Investor funds part of platform’s balance sheet | ❌ No | ✅ Often yes |
| Legal clarity in case of insolvency | ✅ Strong | ❌ Often unclear |
By partnering with Lemonway, we remove ambiguity and provide a bank-grade payment solution, giving you more transparency, better legal protection, and faster transaction processing.
SEPA Instant for Faster Transfers
Thanks to Lemonway, Afranga will soon supports SEPA Instant, allowing Eurozone investors to enjoy real-time transfers. Most deposits and withdrawals will be processed within a few hours instead of the current 1–2 business days — though this will also depend on your bank and any applicable national holidays.
Regulatory Compliance and Oversight
As a licensed crowdfunding platform operating under the European Crowdfunding Service Provider Regulation (ECSPR), Afranga is required to work with a regulated payment provider for managing investor funds. Lemonway’s EMI license and long-standing track record across Europe make it a natural fit for this role.
Afranga has also been approved as an official payment agent of Lemonway. This means we are authorized to onboard investors, verify identities, and facilitate transactions — while Lemonway safeguards the actual flow of funds.
Key Benefits for Investors
- More transparency — separate accounts and clear reporting
- More protection — funds kept safe even if Afranga shuts down
- More control — 2FA, identity verification, and bank account whitelisting
- More speed — instant Euro payments supported
- More compliance — licensed by EU authorities
What It Means for Your Money
Our partnership with Lemonway is a core pillar of Afranga’s regulated setup. It allows us to offer our investors a more secure, transparent, and legally robust investment experience than traditional P2P lending platforms.
As we continue to grow and expand our offering across Europe, Lemonway helps us ensure your funds are handled with the highest level of care and regulatory compliance.
To learn more about how investor protection works at Afranga, explore our Investor’s Funds and Security article or visit Lemonway’s website.