A Nigerian remittance and payments firm that has provided significant returns for investors, highlighting the fintech sector's potential.
LemFi Secures $53M to Expand Fintech Services Beyond Africa
LemFi raised $53 million in Series B funding led by Highland Europe. The company processes $1 billion in monthly transactions, with a 30% growth rate in Asia.
Best ways to send money to Africa in 2026
Africhange operates across key remittance corridors from Canada, the UK, and Australia into West and East Africa, focusing on cost efficiency and speed. LemFi has emerged as a fast-growing platform for remittances to Africa, offering zero transfer fees and quick delivery times.
Are African innovators doomed to sell airtime?
LemFi announced the launch of multicurrency accounts for users in Nigeria. The startup aims to support freelancers and digital entrepreneurs needing to receive international payments.
