Lemonade Finance is duly registered in the U.K as LEMONADE TECHNOLOGY LIMITED UK and is incorporated in the United Kingdom. Company Number 12711587 

Incorporated on 1 July 2020. 36-38 Westbourne Grove Newton Road, London, United Kingdom, W2 5SH

Regulatory License - LEMONADE TECHNOLOGY LIMITED UK is authorized by the Financial Conduct Authority as a Small Payment Institution with Reference number: 935815. Lemonade Finance is authorized to provide payment services.

Account Verification and Transaction Limits 

When you open a bank account at your bank, the bank usually requires you to provide some identity document to help them confirm and verify that you are who you say you are. Lemonade is no different. We’re a financial institution, so we need to know who’s using our service. It helps us combat money laundering and terrorist financing, and keep everyone’s money safe.

Your transaction limits. 

These limits refer to the total transaction amount that can be conducted depending on your account verification status. This means that the more information you provide us to verify your identity, the more money you can send.

You are required to fully verify your account before you can carry out a transaction on Lemonade Finance  

  • Per transaction limit - 5,000 GBP
  • Daily limit - 5,000 GBP
  • Monthly limit 

Why do these limits exist?

The Financial Conduct Authority (FCA) directs all Small Payment Institutions to verify the identity of their users before they can send money.

It’s also very important to us that all our users are safe and secure, this means that we have to ensure we follow these guidelines religiously.