A venture capital firm that invests in technology companies across Europe, supporting growth-stage businesses.
LemFi Expands to Egypt, Tapping Into $29.6B Remittance Corridor
LemFi has launched its services in Egypt, focusing on the large diaspora and remittance market. Egypt received a record $29.6 billion in remittances in 2024, nearly double the previous year.
Lemfi Secures $53M Series B Funding to Expand Into Europe and Launch Global Services
Lemfi secured $53 million in Series B funding. The startup plans to expand into Europe through the acquisition of a European company.
LemFi Plans Future Expansions with $53 Million Series B Funding Raise
LemFi raised $53 million in funding. The platform processes $1 billion in monthly transaction volume.
LemFi raises $53 million Series B to fuel European and Asian expansion
LemFi announced a $53 million Series B funding round led by Highland Europe. The company has raised a total of over $85 million in disclosed funding.
LemFi moves remittances further into Asia and Europe with $53M in new funding
Remittances inflows surpassed $669 billion in 2023. LemFi secured $53 million in new funding to expand operations.
