Why is my transfer status in-progress?

A transfer on Lemonade can have one of three different statuses. Your transaction can have any of the following statuses -  In-progress, Successful or Failed.

• In-progress: This is the initial status of a transfer immediately after it is made. It is a temporary status that usually changes within seconds to “Successful” or in some cases “Failed”.
• Successful: This is the status of the transfer that has been completed successfully. Most transfers on Lemonade become successful within seconds.
• Failed: This is the status of a transfer that was unable to be completed for one reason or the other. This is could be an issue with the recipient’s bank account or an error while processing the transfer.