| Date | Title | Description |
| 10.03.2026 | LemFi: Bank Of Canada Registration Positions Company In $8.6 Billion Remittance Market | LemFi announced that it has been officially registered as a Payment Service Provider by the Bank of Canada under the country’s Retail Payment Activities Act (RPAA), bringing the company within Canada’s new federal supervisory framework for ... |
| 04.02.2026 | LemFi secures AUSTRAC approval to launch in Australia | - |
| 08.11.2025 | Ventures Platform Fuels Africa's Next Tech Wave with $64M Fund Close | Ventures Platform achieved a $64 million first close for its $75 million Pan-African Fund II. This capital injection targets early-stage tech across Africa. The firm focuses on impactful startups solving non-consumption and infrastructure g... |
| 07.11.2025 | Ventures Platform Secures $64M First Close for Fund II to Power Africa’s Next Tech Wave | Share this:
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| 09.10.2025 | LemFi Launches AI-powered “Send Now, Pay Later” Service, Combining Credit and Remittances for UK Immigrants | International payments platform LemFi allows over 2 million immigrants to easily send money across the globe
LemFi uses AI within its robust credit service to enable ‘send now, pay later’ remittance, so people can ensure their families are ... |
| 26.09.2025 | From Lagos to Munich: 5 acquisitions and 1 exit – African startups expanding into Europe | I have dedicated my work to building bridges between continents, connecting ecosystems, creating opportunities for exchange, and developing new business ties between startups across Africa and Europe.
We cannot deny that, compared to Europe... |
| 22.09.2025 | Central Bank of Pakistan approves LemFi partnership with UBL for remittances to Pakistan | RightCard Payment Service Limited, trading as LemFi, a leading international payments platform, announced today that the Apex Bank in Pakistan, the State Bank of Pakistan (SBP), has approved its operation of remittance services into Pakista... |
| 08.09.2025 | LemFi & GCash team up to help 94 million Filipinos receive Instant Remittances. | L- R: Philip Daniel, Anton Mercado, Paul Albano, Raymund Abog, Patricia Alonte-Estrella
LemFi has partnered with GCash, the Philippines’ leading finance app, to make cross-border payments and connections between overseas Filipinos and home ... |
| 08.09.2025 | LemFi & GCash team up to help 94 million Filipinos receive instant remittances | L- R: Philip Daniel, Anton Mercado, Paul Albano, Raymund Abog, Patricia Alonte-Estrella
LemFi, a leading financial technology platform serving Filipinos and other immigrants across North America, the United Kingdom, and Europe, announces it... |
| 01.09.2025 | Kola Aina on AI in Africa, local capital, and exits | Kola Aina needs no introduction. As the founding partner of Ventures Platform, a $46 million early-stage fund, he has been a central figure in African venture capital for the past decade.
His firm has backed more than 90 startups across the... |
| 07.08.2025 | Pesa acquires IMTO licence to scale its people-first cross-border payment approach | Pesa, a leading bootstrapped Nigerian cross-border payment service, has acquired an IMTO licence from the Central Bank of Nigeria (CBN). This licence allows the company to process the transfer of funds from abroad to individuals or entities... |
| 01.08.2025 | LemFi CEO shares origin story and lessons for founders at Pitch2Win | At the fifth edition of Pitch2Win on July 30, a yearly event where aspiring entrepreneurs showcase their ideas and learn from industry experts, Ridwan Olalere, CEO of remittance startup LemFi, shared the riveting origin story of his startup... |
| 29.07.2025 | Afriex expands to Asia to tap booming cross-border payments market | Afriex, the Lagos- and San Francisco-based money transfer startup, has expanded into Asia’s three biggest remittance markets—China, India, and Pakistan—to tap into growing demand for fast and affordable cross-border payments. The move posit... |
| 21.07.2025 | The biggest fintech companies in Nigeria (2025) | Nigeria continues to dominate Africa’s fintech landscape in 2025, even as funding slows across much of the continent. In the first quarter alone, Nigerian startups raised over $100 million, most of it flowing into fintechs, underscoring the... |
| 10.07.2025 | International payment services startup LemFi extends its payment services to Egypt | LemFi, a leading international payment services startup based in London, with a strong presence across the United States, Canada, the United Kingdom, and Europe, has today announced the launch of its low-cost, reliable international payment... |
| 08.07.2025 | LemFi expands its international payment services to Egypt, tapping into $29.6 billion remittance market. | LemFi to address surging demand with reliable, low-cost and competitive international payment offerings.
LemFi, a leading international payment services startup based in London, with a strong presence across the United States, Canada, the U... |
| 16.06.2025 | LemFi Acquires Pillar | LemFi, a London, UK-based international payments provider, acquired UK credit fintech Pillar.
The amount of the deal was not disclosed.
With the acquisition, LemFi will expand its offerings.
Pillar provides an alternative credit scoring mod... |
| 16.06.2025 | LemFi acquires fintech Pillar, to launch credit cards for immigrants | LemFi, an international payment services startup based in London, has acquired Pillar, a UK-based fintech focused on credit access for immigrants, in a strategic move that will transform financial services for immigrants. This acquisition p... |
| 07.06.2025 | dLocal's Strategic Leap into Africa: A Game-Changer for Fintech | In the fast-paced world of fintech, dLocal is making waves. The Latin American unicorn is setting its sights on Africa, eyeing a significant acquisition that could reshape the landscape of cross-border payments on the continent. The company... |
| 03.06.2025 | dLocal to acquire Aza Finance to deepen African push | dLocal, the Latin American fintech unicorn that connects global merchants to emerging markets, is in talks to acquire Aza Finance (formerly BitPesa), a cross-border payments startup, as it continues its expansion into Africa.
“We’re proud t... |
| 22.05.2025 | The Ripple Effect: How a 5% Remittance Tax Could Reshape Africa's Economies | A storm brews on the horizon. The U.S. government is poised to impose a 5% tax on remittances sent by non-citizens. This proposal, dubbed “The One Big Beautiful Bill,” threatens to siphon off an estimated $2.8 billion from Sub-Saharan Afric... |
| 20.05.2025 | 217+ startups, ₦11B fraud, and $3B valuations: Insights from the 2025 Nigeria Payments Report | Written by Stephen Agwaibor– Senior Asssociate, TechCabal Insights.
Zone, a regulated blockchain-powered payment infrastructure company, has released the Nigeria Payments Report 2025 in partnership with TechCabal Insights, the research arm ... |
| 20.05.2025 | U.S. 5% remittance tax plan to threaten $2.8 billion of Africa’s foreign inflows | A proposed U.S. bill to impose a 5% tax on all outbound remittance transfers from non-citizens could divert as much as $2.8 billion from Sub-Saharan African economies in 2025, threatening one of the region’s most stable sources of foreign e... |
| 16.04.2025 | How Moniepoint is going after remittances with Monieworld | Moniepoint, the Nigerian fintech unicorn, has launched Monieworld, its remittance product that allows UK residents to send money directly from a Monieworld account, cards, a British bank account or via Apple Pay and Google Pay to any Nigeri... |
| 07.04.2025 | After 16 years, Paga is building a financial ecosystem of three businesses | As we head to his office on a hot Friday morning in Lagos, Tayo Oviosu, the CEO of Paga, likens himself to a duck—calm on the surface but paddling furiously underneath. A couple of days from when we meet, his fintech startup will turn 16. P... |
| 18.02.2025 | Moove's Bold Leap into Latin America: A Game-Changer in Urban Mobility | In the fast-paced world of fintech and mobility, Moove has made a splash. The Nigerian company recently acquired Kovi, a Brazilian mobility startup, marking a significant expansion into Latin America. This move is not just a step; it’s a le... |
| 15.02.2025 | Moove, a Nigerian fintech company, has expanded into Latin America through the acquisition of Kovi, a Brazilian mobility startup | Moove, a global leader in mobility solutions, has announced the acquisition of Kovi, an urban mobility provider headquartered in São Paulo, Brazil.
This strategic move marks Moove’s significant expansion into the Latin American market, alig... |
| 13.02.2025 | The Digital Revolution in School Payments: ParentSquare's Game-Changer | In the ever-evolving landscape of education technology, simplicity is the golden key. ParentSquare, a titan in digital family engagement, has unveiled a new feature that promises to transform how schools handle payments. Enter ParentSquare ... |
| 12.02.2025 | Fintechs rush for FX transactions will only benefit customers and startups with scale | Nigerian fintechs, drawn to the stability of dollar-based transactions, are increasingly building consumer-focused cross-border (FX) transaction products. While this collective push will benefit consumers through more options and a possible... |
| 06.02.2025 | Nigerian fintech LemFi acquired Irish currency exchange platform | In a calculated move to expand its operations throughout the European Economic Area, the Central Bank of Ireland has approved LemFi, a Nigerian fintech startup, to purchase Buttercrane, an Irish currency exchange platform.
LemFi, an interna... |
| 03.02.2025 | LemFi, a Nigerian fintech startup, has raised $53 million in its Series B funding round | LemFi, a Nigerian fintech startup, has raised a US$53 million Series B round of funding to expand its product line and establish itself as a global center for full-stack financial services for immigrants.
After raising US$53 million in Seri... |
| 03.02.2025 | LemFi, a Nigerian fintech startup, has raised $53 million in its Series B funding round | LemFi, a fintech platform dedicated to providing financial services for immigrant communities, has raised $53 million in a Series B funding round led by Highland Europe.
This investment brings LemFi’s total capital raised to $85 million, fo... |
| 21.01.2025 | Nigerian fintech startup LemFi raised $53 M Series B funding | LemFi, a Nigerian fintech startup, has raised a US $53 million Series B round of funding to expand its product line and establish itself as a global center for full-stack financial services for immigrants.
LemFi, an international remittance... |
| 20.01.2025 | LemFi: $53 Million (Series B) Raised To Transform How Immigrants Access Financial Services | LemFi, a platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe with participation from previous investors Left Lane Capital, Palm Drive Capital, and Y-Co... |
| 15.01.2025 | LemFi's Bold Leap: $53 Million to Empower Immigrant Communities | 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 staggering $85 million. This financial boost is not just a number; it... |
| 14.01.2025 | LemFi Raises $53M in Series B Funding | LemFi, an Oakland, CA-based platform for immigrant communities to access financial services, raised $53m in Series B funding.
The round, which brought LemFi’s total capital raised to $85m to date, was led by Highland Europe with participati... |
| 14.01.2025 | Lemfi raises $53 million Series B round, acquires European firm | Lemfi, a remittance startup serving African immigrants across 22 countries, has raised $53 million in a Series B round to support its expansion into Europe through the acquisition of a European firm.
The round was led by Highland Europe, a ... |
| 31.10.2024 | YC-backed Bamboo expands to Canada with remittance product | Bamboo, the Y Combinator-backed investment app that allows Africans to buy and trade local and international stocks, is expanding to Canada after securing the country’s Money Service Business (MSB) licence.
The company also launched its rem... |
| 29.07.2024 | LemFi Expands its International Payment Services to Brazil and Mexico | LemFi launches Latin America services from the US, UK & Canada, offering the best exchange rates, zero transaction fees and within minutes transactions.
LemFi is a leading financial technology platform revolutionising how people move th... |
| 22.05.2024 | LemFI financial services now available from Canada, UK to India | LemFi, a leading fintech platform transforming financial services for immigrants, today announced that its international payment services are now available from Canada and the United Kingdom to India and will be available from the US to Ind... |
| 21.04.2024 | Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking | Welcome to TechCrunch Fintech! This week, we’re looking at Ramp’s big raise and valuation jump, Mercury’s move into personal banking, Klarna’s new credit card, global funding rounds and more!
To get a roundup of TechCrunch’s biggest and mos... |
| 17.04.2024 | Inside LemFi’s play to be fintech to the Global South diaspora | The African tech ecosystem, buffeted by huge potential but also lots of economic, political and social instabilities, is no stranger to major drama affecting even its most promising-looking startups. But recently, LemFi, the Nigeria-based f... |
| 08.03.2024 | LemFi Hires Ex OPay COO, Allen Qu to lead China Expansion. | Allen Qu will lead LemFi’s growth efforts amongst the Chinese diaspora. With over 14 years of professional experience, Allen has a track record of building multi-billion dollar companies in many countries. As the Chief Operating Officer at ... |
| 04.09.2023 | LemFi has raised $33 million in a Series A funding round | LemFi, a global fintech platform revolutionizing the financial services for immigrants, has raised a $33 million Series A funding round led by Left Lane Capital.
Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree were among the ot... |
| 29.08.2023 | Fintech LemFi Raises $33M to Enhance Financial Services for Immigrants | LemFi, a Fintech platform transforming financial services for immigrants, has raised a $33 million Series A round led by Left Lane Capital.
Other investors included Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree.
Each year, mi... |
| 27.08.2023 | LemFi Raises $33M in Series A Funding | LemFi, a Gatineau, Canada-based provider of a fintech platform providing financial services for immigrants, raised $33M in Series A funding.
The round was led by Left Lane Capital with participation from Y-Combinator, Zrosk, Global Founders... |
| 26.08.2023 | LemFi Raises $33 Million To Transform Financial Services | Share this:
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| 26.08.2023 | LemFi raised $33 M Series A funding to streamline remittance payments for immigrants | LemFi has raised $33 million in Series A funding to streamline remittance payments for immigrants worldwide, building on its track record of successfully serving African migrants in Canada and the UK. Left Lane Capital took the lead in the ... |
| 24.08.2023 | African Immigrant-Focused Fintech LemFi Raises $33 Million | - |
| 21.07.2023 | RightCard Secures IMTO License from the Central Bank of Nigeria.
TechCabal’s 2021 Year-End report
Success! | RightCard Payment Services Limited, a Lemonade Technology Inc. subsidiary, is proud to announce that it has obtained an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN). This milestone achievement ... |
| 29.05.2023 | From Lemonade Finance to LemFi: International Payments for Everyone
TechCabal’s 2021 Year-End report
Success! | In a bold move to further its commitment to providing international payments for everyone and better serve its expanding community, Lemonade Finance announces its rebranding to LemFi. The decision to change the name was driven by a desire t... |
| - | LemFi | “Send and receive money from over 12+ countries in Africa. Send money to Nigeria, Ghana, Kenya, Uganda, Tanzania, Rwanda, Senegal, Cameroon and so on.” |
| - | LemFi | “Send money to India, China, Pakistan, Nigeria, Ghana, Kenya and 16 other countries. Receive and manage your money without stress” |
