How LemFi’s Acquisition Of Fintech Pillar Will Help Immigrants With Their Credit History
- LemFi has acquired Pillar to enhance financial services for immigrants in the UK.
- The acquisition allows LemFi to launch specialized credit cards for immigrant communities.
- Pillar raised £13M in pre-seed funding to develop credit access platforms for immigrants.
Tech Labari - Jun 16, 2025
LemFi’s Acquires UK Based Pillar To Help Immigrants with Credit History
Fintech startup LemFi is collaborating with UK-based Pillar to leverage international credit data to
The acquisition of Pillar by LemFi represents a significant step towards improving financial inclusion for immigrants in the UK. By addressing the unique challenges faced by this demographic, such as credit invisibility and lack of access to traditional banking services, LemFi is poised to make a meaningful impact on the financial landscape. This move not only benefits immigrants but also has the potential to unlock substantial economic value for the broader UK economy.
