Fintech startup LemFi raises $53M to help immigrants send money …

1 day ago  · Fintech startup LemFi raises $53M to help immigrants send money back home The zero-fees platform has its sights set on explosive growth January 14, 2025 - 2:52 pm


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Fintech Startup LemFi Raises $53M To Help Immigrants Send Money …

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1 day ago  · Fintech startup LemFi raises $53M to help immigrants send money back home The zero-fees platform has its sights set on explosive growth January 14, 2025 - 2:52 pm

thenextweb.com

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LemFi Moves Remittances Further Into Asia And Europe With $53M …

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1 day ago  · The 4-year-old fintech boasts over 1 million active users who rely on its multi-currency accounts to transfer money to friends and family in countries like Nigeria, Kenya, India, China, …

techcrunch.com

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LemFi, The Trusted Financial Services Platform Designed For …

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1 day 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 …

highlandeurope.com

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LemFi Secures $53M To Expand Cross-Border Remittance Services …

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1 day ago  · LemFi, a Nigerian fintech company specializing in cross-border remittance services, has raised $53 million in a funding round led by Left Lane Capital, with additional participation …

fintechmagazine.africa

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African Remittance LemFi Secures $53M To Expand Into Europe

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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 London-based …

msn.com

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

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1 day 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 …

thebftonline.com

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LemFi Secures $53m Series B Funding To Expand Operations To

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1 day ago  · LemFi, a remittance startup, has raised $53 million in a Series B funding round. In a statement on Tuesday, Highland Europe, a London-based growth-stage investment, said it led …

thecable.ng

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Financial Platform For Immigrants, LemFi, Raises $53 Million

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1 day ago  · Starting with payments and remittances, LemFi enables users to open multi-currency accounts and send and receive money globally. The firm was founded in 2021 by Ridwan …

finextra.com

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LemFi Raises $53M Series B To Expand Remittance Services In Asia …

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1 day ago  · Fintech startup LemFi, a financial services platform tailored for immigrants, has raised $53 million in a Series B funding round. ... For millions of immigrants, sending money home …

techcartel.net

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Nigerian Fintech Startup LemFi Raises $53m Series B Round To Build ...

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22 hours ago  · Nigerian fintech startup LemFi raises $53m Series B round to build “full-stack” offering ... and will be utilised to help LemFi provide further services and features to build a full …

disruptafrica.com

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LemFi Secures $53M To Expand Remittance Services For Immigrants …

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LemFi, a London-based fintech platform catering to immigrants, has raised $53 million in a Series B funding round to scale its operations, expand into new markets, and enhance its remittance …

techpression.com

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LemFi, The Trusted Financial Services Platform Designed For …

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15 hours ago  · London, Lagos, Los Angeles and Toronto, 14 January 2025: LemFi, the platform transforming how immigrant communities access financial services, has raised $53 million in …

businessdailyafrica.com

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LemFi's Bold Leap: $53 Million To Empower Immigrant Communities

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22 hours ago  · In the bustling world of fintech, LemFi is making waves. The Oakland-based startup recently secured $53 million in Series B funding, pushing its total capital raised to a …

parsers.vc

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LemFi Raises $53 Million To Expand Remittance Services Across …

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1 day ago  · LemFi’s expansion reflects a broader trend among African fintech startups, which are increasingly making strides on the global stage. Egyptian startup Zeal recently raised $4 …

africanfolder.com

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LemFi | About

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The cost of sending money globally is still above the UN's Sustainable Development Goals (SDG) levels. ... LemFi raises $33 million to bring free remittance payments for global migrants. Help …

lemfi.com

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LemFi, Financial Services Platform Designed For Immigrants, Secures …

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1 day ago  · https//www.govbusinessjournal.comLemFi LemFi, the platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding …

govbusinessjournal.com

FAQs about Fintech startup LemFi raises $53M to help immigrants send money … Coupon?

Is lemfi a remittance startup?

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 London-based growth-stage investment firm that only backs startups with more than €10 million in annualized revenues. ...

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. ...

Why did lemfi raise $53 million in a series B round?

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 […]© UrbanGeekz ...

Who is lemfi backed by?

LemFi is backed by leading investors who share the same vision as us. Meet some of our team members... Our team is over 200+ strong. We combine experience of experts from some of the leading financial services and fintech companies—with high-growth technology companies. This combination gives us a special edge to give you the best service. ...

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 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. ...

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