When you interact with businesses in person, identity verification happens all the time. For example:

  • When purchasing alcohol, a cashier may ask for a photo ID to check your age.
  • When making a transaction at a bank, a teller may ask for an ID document to make sure that you’re the owner of the account.
  • When checking into a hotel, a concierge may ask to make a photocopy of your passport for insurance purposes.


You need to verify your identity in order to use your Lemonade Account. In compliance with regulatory laws by the Financial Transactions and Report Analysis Centre of Canada, Lemonade Finance must obtain and verify the identity of its customers prior to account opening, regardless of who you are.  These rules are to help prevent money laundering and terrorist financing.


Lemonade Technology Limited, Canada, is registered and regularised by the Financial Transactions and Report Analysis Centre of Canada as a Money Service Business. MSB registration number: M20383642.