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LemFi Receives Regulatory Approval to Offer Remittance Services in Kenya

LemFi, a cross-border payment solution designed for the diaspora community, has secured approval from the Central Bank of Kenya (CBK) to begin offering remittance services within Kenya. This marks a major milestone for LemFi, which launched in the Kenyan...

LemFi Teams Up with Visa for Global Expansion

LemFi, a fintech innovator specializing in cross-border payments, has forged a strategic partnership with Visa Cross-Border Solutions. This collaboration will propel LemFi into new international markets, with a focus on China, India, Pakistan, and other emerging economies. This comes after...

LemFi Stops All Service Operations in Ghana

LemFi, formerly known as Lemonade Finance, a financial institution that has been providing international payment services across more than 12 countries in Africa has suspended all its services in Ghana. The Lemfi Suspension On November 16, 2023, the Bank of Ghana...

LemFi Raises $33M in Series A Funding to Expand Global Reach

LemFi, a fintech startup that provides cross-border payments for immigrants, has raised $33 million in Series A funding. The round was led by Left Lane Capital, with participation from Y Combinator, Zrosk, Global Founders Capital, and Olive Tree. The funding...

LemFi Unveiled in Kenya: An In-Depth Dive into the Diaspora Money Transfer Fintech

LemFi, a cross-border payment solution, has officially launched its services in Kenya, offering innovative solutions in the international money transfer market. With zero fees for transactions and a focus on providing the best forex rates, it aims to revolutionize...

Nigerian Startups Defy Funding Drop, Securing $253 Million in Top 10 Deals of 2023

Despite a funding slowdown, Nigerian startups roared back in 2023, raising a collective $253.15 million through their top 10 deals. This showcase of resilience and innovation across diverse sectors like fintech, mobility, health-tech, and e-commerce proves that the Nigerian...

Unlimit Expands to Kenya, Strengthens Position in Africa

Unlimit, a leading global fintech and payment solutions company, has expanded to Kenya, marking a significant milestone in its ongoing expansion throughout Africa. The company received a license from the Central Bank of Kenya (CBK), which allows it to...