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Revision as of 16:26, 8 April 2014 editNatyayl (talk | contribs)34 edits added to history info about acquisition by LifeLock, Inc.Tag: Visual edit← Previous edit Revision as of 12:06, 24 April 2014 edit undo189.31.176.125 (talk) →History and product developmentsNext edit →
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The Lemon application is compatible with ], ], and ] devices.<ref name="The Next Web"/><ref name="Mashable 1"/><ref name="USA Today"/><ref name="CNet"/><ref name="US News">{{cite web | url=http://money.usnews.com/money/personal-finance/articles/2012/01/30/5-apps-for-organizing-your-expenses-at-tax-time | title=5 Apps for Organizing Your Expenses at Tax Time | publisher='']'' | date=January 30, 2012 | accessdate=August 21, 2013 | author=Johnston, Susan}}</ref><ref name="GigaOM">{{cite web | url=http://gigaom.com/2012/02/24/receipt-tracker-lemon-hits-1-million-users-adds-mint-like-features/ | title=Receipt tracker Lemon hits 1 million users, adds Mint-like features | publisher='']'' | date=February 24, 2012 | accessdate=August 21, 2013 | author=Kim, Ryan}}</ref> The Lemon application is compatible with ], ], and ] devices.<ref name="The Next Web"/><ref name="Mashable 1"/><ref name="USA Today"/><ref name="CNet"/><ref name="US News">{{cite web | url=http://money.usnews.com/money/personal-finance/articles/2012/01/30/5-apps-for-organizing-your-expenses-at-tax-time | title=5 Apps for Organizing Your Expenses at Tax Time | publisher='']'' | date=January 30, 2012 | accessdate=August 21, 2013 | author=Johnston, Susan}}</ref><ref name="GigaOM">{{cite web | url=http://gigaom.com/2012/02/24/receipt-tracker-lemon-hits-1-million-users-adds-mint-like-features/ | title=Receipt tracker Lemon hits 1 million users, adds Mint-like features | publisher='']'' | date=February 24, 2012 | accessdate=August 21, 2013 | author=Kim, Ryan}}</ref>
== History and product developments == == History and product developments ==
1995 Patented in Electronic Wallet, Digital Wallet, Mobile Wallet, via phone or computer. Intellectual property of Gaston Schwabacher the number of patent PI 9500345


The company released the beta version of the service as an expense tracking and management service in July 2011.<ref name="The Next Web"/><ref name="Mashable 1"/><ref name="LifeHacker"/> It soft-launched at the ] Disrupt conference’s startup alley in September 2011, and officially launched in October 2011.<ref name="TechCrunch 1"/><ref name="Venture Beat">{{cite web | url=http://venturebeat.com/2011/09/13/lemon-com-receipt-tracking/ | title=Tired of keeping track of receipts? Lemon.com can help | publisher='']'' | date=September 13, 2011 | accessdate=August 21, 2013 | author=Hardawar, Devindra}}</ref> In February 2012, the company announced it had reached one million users.<ref name="GigaOM"/> The company released the beta version of the service as an expense tracking and management service in July 2011.<ref name="The Next Web"/><ref name="Mashable 1"/><ref name="LifeHacker"/> It soft-launched at the ] Disrupt conference’s startup alley in September 2011, and officially launched in October 2011.<ref name="TechCrunch 1"/><ref name="Venture Beat">{{cite web | url=http://venturebeat.com/2011/09/13/lemon-com-receipt-tracking/ | title=Tired of keeping track of receipts? Lemon.com can help | publisher='']'' | date=September 13, 2011 | accessdate=August 21, 2013 | author=Hardawar, Devindra}}</ref> In February 2012, the company announced it had reached one million users.<ref name="GigaOM"/>
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On December 12, 2013, is was announced that LifeLock, Inc., a provider of identity theft protection services, acquired Lemon.<ref>http://www.lifelock.com/pr/2013/12/12/lifelock-acquires-mobile-wallet-innovator-lemon/</ref> On December 12, 2013, is was announced that LifeLock, Inc., a provider of identity theft protection services, acquired Lemon.<ref>http://www.lifelock.com/pr/2013/12/12/lifelock-acquires-mobile-wallet-innovator-lemon/</ref>

== References == == References ==


Revision as of 12:06, 24 April 2014

Lemon, Inc. (Acquired by Tempe-AZ based LifeLock "LOCK" on 12/12/13)
Type of siteOnline service
Available inEnglish
FoundedJuly 2011 (2011-07)
HeadquartersPalo Alto, California, United States
No. of locations1 (in Argentina)
Area servedUnited States
Founder(s)Wences Casares
CEOWences Casares
IndustryMobile wallet
ServicesFreemium Lemon Wallet app; Subscription-based Lemon Wallet app
URLwww.lemon.com
AdvertisingNo
RegistrationRequired
LaunchedJune 2012 (2012-06)
Current statusActive

Lemon Wallet is a cloud-based digital wallet that allows users to store digital copies of credit cards, debit cards, reward cards, as well as identification, and other card information. The service was released in July 2011 and the company is based in Palo Alto, California, United States. Wences Casares is the company’s CEO.

The Lemon Network platform, launched in July 2013, connects payment information from Lemon Wallet directly to a merchant for payment processing.

Services and products

Lemon uses OCR technology to store and organize users’ information from various cards (IDs, health insurance, credit, debit, rewards, etc.) and receipts. An upgraded version allows users to monitor bank accounts and includes expanded security features such credit card balance monitoring, alerts for questionable charges, card expiration reminders, and the ability to cancel and restore cards. Lemon also allows users to store receipt data. The service also organizes expense reports (using receipt data), which can be accessed from the web application or mobile device. This data can be used to submitting expense reports. A freemium version of the service is available, as well as a paid subscription. The Lemon application is compatible with iOS, Android, and Windows Phone devices.

History and product developments

1995 Patented in Electronic Wallet, Digital Wallet, Mobile Wallet, via phone or computer. Intellectual property of Gaston Schwabacher the number of patent PI 9500345

The company released the beta version of the service as an expense tracking and management service in July 2011. It soft-launched at the TechCrunch Disrupt conference’s startup alley in September 2011, and officially launched in October 2011. In February 2012, the company announced it had reached one million users.

Lemon received $8 million in a funding round led by Maveron in May 2012. Other investors in the Series A round included Lightspeed Venture Partners, Draper Fisher Jurvetson, CampVentures, and Social+Capital Partnership. The round followed Lemon’s release of the Lemon Wallet app, a service designed to store credit, debit, health insurance, and ID card information using the same photo system the company utilized for expense management. The extended capabilities allowed users to backup everything in their wallet using Lemon’s cloud-based, PIN protected database. The app’s security features include a 256-bit encryption as well as the ability for the user to remote-wipe sensitive information if the mobile device is lost or stolen.

Beginning in September 2012, Lemon customers could access cards stored in their Lemon account through Apple’s Passbook service.

In May 2013, Lemon announced an upgraded expense reporting tool. The enhancement to the Lemon Wallet granted users the ability to have their receipts and e-receipts processed through lemon.com and saved as a PDF copy and a CSV or XLS format copy to be compatible with other expense software. Lemon CEO Wences Casares has reported that as of May 2013, the digital wallet service is capturing and storing approximately 1,000 new cards every hour.

On December 12, 2013, is was announced that LifeLock, Inc., a provider of identity theft protection services, acquired Lemon.

References

  1. ^ Messieh, Nancy (October 5, 2011). "Store your receipts online and keep track of your budget with Lemon". The Next Web. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  2. ^ Van Grove, Jennifer (October 19, 2011). "Lemon Makes Lemonade Out of Your Electronic & Paper Receipts". Mashable. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  3. ^ Konrad, Alex (November 16, 2011). "Receipts are a nightmare. These startups want to help you wake up". Fortune. CNN. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  4. ^ Johnson, Dave (November 30, 2011). "Lemon iPhone app keeps track of your receipts for free". CBS News. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  5. "Turn Your Unwanted Holiday Gifts Into Treasure". Fox News. January 6, 2012. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  6. ^ Sande, Steven (May 31, 2013). "Friday Favorite: Lemon Wallet". Tuaw. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  7. ^ Komando, Kim (October 21, 2011). "Track expenses the easy way". USA Today. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  8. ^ Eaton, Kit (June 12, 2012). "Lemon takes aim at digitizing your (Bulging, Paper-stuffed, Back-crippling) wallet". Fast Company. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  9. ^ Duffy, Jill. "Lemon Wallet (for iPhone)". PC Magazine. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  10. ^ Kazmucha, Allyson (May 13, 2013). "Lemon Wallet for iPhone review: Create Passbook cards for your entire wallet and much more". iMore. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  11. ^ Vaknin, Sharon (February 14, 2012). "Three ways your smartphone can lighten up a heavy wallet". CNET. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  12. ^ Takenouchi, Shaun (December 13, 2011). "Lemon: An Easy Way to Track Your Expenses". Appstorm. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  13. ^ Klosowski, Thorin (October 5, 2011). "Lemon Is an Easy to Use and Free Receipt Tracking Tool for Mobile Phones and Browsers". Lifehacker. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  14. ^ Perez, Sarah (June 12, 2012). "Mobile Money Management App Lemon Launches Digital Wallet, Closes $8 Million Series A". TechCrunch. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  15. Carnns, Ann (October 25, 2011). "Lemon Makes Digital Copies of Paper Receipts". The New York Times. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  16. ^ Wauters, Robin (October 13, 2011). "Backed By $10M In Funding, Lemon.com Lets You Store, Organize Your Receipts In The Cloud". TechCrunch. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  17. Miles, Stephanie (December 2, 2011). "Get an interface lift from Dotvita Lemon – Organized Receipts for Easier Recordkeeping". Appvita. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  18. Johnston, Susan (January 30, 2012). "5 Apps for Organizing Your Expenses at Tax Time". U.S. News & World Report. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  19. ^ Kim, Ryan (February 24, 2012). "Receipt tracker Lemon hits 1 million users, adds Mint-like features". GigaOM. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  20. Hardawar, Devindra (September 13, 2011). "Tired of keeping track of receipts? Lemon.com can help". VentureBeat. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  21. ^ Kolodny, Lora (June 12, 2012). "Lemon Aims to Squeeze More Juice from E-Wallets". The Wall Street Journal. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  22. Wolfe, Daniel (December 10, 2012). "Square, Lemon Add Support for Apple's Passbook Wallet". PaymentsSource. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  23. Perez, Sarah (May 30, 2013). "Lemon's Mobile Wallet Gets More Useful With New Expense Reporting Service; Support For Transactions Is Next". TechCrunch. Retrieved August 21, 2013. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  24. http://www.lifelock.com/pr/2013/12/12/lifelock-acquires-mobile-wallet-innovator-lemon/

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