Lemfi, the Trusted Financial Services Platform Designed for …

2 days ago · LemFi, the platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe with participation …

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Lemfi, The Trusted Financial Services Platform Designed For …

2 weeks from now

2 days ago · LemFi, the platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe with participation …

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LemFi Secures $53M In Series B Funding Led By Highland Europe.

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1 day ago · LemFi secures $53M in Series B funding led by Highland Europe. ... After Olalere left for a stint as an Uber Country Manager, the duo combined their experiences across fintech …

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LemFi Raises $53M Series B | Citybiz

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1 day ago · LemFi, an Oakland, CA-based platform for immigrant communities to access financial services, raised $53m in Series B funding. The round, which brought LemFi’s total capital …

citybiz.co

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LemFi Secures $53M Series B Funding To Expand Remittances …

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1 day ago · Leading financial technology platform LemFi is set to broaden its reach in Asia and Europe following a successful $53 million Series B funding round. The remittance startup, …

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Fintech Startup LemFi Announces $53 Million Series B Round

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22 hours ago · Remittance-focused fintech startup LemFi has announced a significant capital raise of $53 million in a Series B funding round, aimed at facilitating its expansion into Europe. …

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African Remittance LemFi Secures $53M To Expand Into Europe

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2 days ago · LemFi, a remittance startup serving African immigrants, has raised $53 million in a Series B round to support its European expansion. The round was led by Highland Europe, a …

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LemFi Raises $53m In Series B Funding For Expansion, Service …

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2 days ago · Top remittances service firm, LemFi, has raised $53 million in Series B funding to further boost its efforts to acquire more customers and expand its footprint into more countries. …

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LemFi Secures $53M In Series B Funding Led By Highland Europe

2 weeks from now

1 hour ago · LemFi, the platform transforming how immigrant communities' access financial services, has raised $53 million in Series B funding led by Highland Europe with participation …

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Nigerian Fintech Lemfi Secures $53 Million Series B Funding To …

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17 hours ago · Lemfi, a remittance platform catering to African immigrants across 22 countries, has announced raising $53 million in a Series B funding round. This capital injection will …

empowerafrica.com

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LemFi Secures $53 Million In Series B Funding To Expand Across …

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1 day ago · LemFi, which serves African immigrants across 22 countries, plans to use the funds to accelerate its European expansion through the acquisition of a European firm. By Emmanuel …

afrocritik.com

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Fintech Firm LemFi Secures $53m In Series B Funding

2 weeks from now

1 day ago · LemFi, a fintech platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe with participation …

ripplesnigeria.com

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LemFi Secures $53m In Series B Funding Led By Highland Europe

2 weeks from now

2 days ago · The new round brings LemFi’s total capital raised to $85 million to date. Founded in 2021, LemFi is building the trusted financial services platform for immigrant communities …

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FAQs about Lemfi, the Trusted Financial Services Platform Designed for … Coupon?

What will lemfi do with funding?

LemFi will use the funding to extend its offerings, scale its payment network licenses and partnerships to provide hyper-localized service, and recruit talent for its next growth phase. The firm currently has more than 300 employees across Europe, North America, Africa, and Asia. ...

How much money did lemfi get from Y Combinator?

The round, which, according to Olalere, closed in just four months, also saw participation from existing investors Left Lane Capital, Palm Drive Capital, and Y Combinator and new investors like Endeavor Catalyst, bringing LemFi’s total funding to $85 million. ...

Does lemfi have a partner with Modulr?

Last week, the company expanded into Europe by partnering with embedded finance provider Modulr. This partnership will help LemFi kickstart operations until it secures its license next month after acquiring a Republic of Ireland-based firm. ...

Is lemfi a private company?

Some of these challengers, like Remitly, have gone public, while others, such as Zepz and Taptap Send, remain privately owned — all vying for the remaining share. LemFi, the London-based financial services platform designed for immigrants, is one such new player. ...

How much did lemfi make in 2023?

When we reported on LemFi’s expansion into Asia and its broader strategy last April, Olalere revealed that the fintech recorded over $2 billion in annual transaction volume in 2023. Fast-forward to now, and the remittance platform is processing half that — $1 billion — in monthly payment volume, Olalere told TechCrunch in a recent interview. ...

How does lemfi make money?

With this move, LemFi — whose revenue comes from transaction fees and foreign exchange spreads — now operates in 27 send-from markets and 20 send-to countries. One way the company has gained traction is through aggressive fraud detection. ...