- LemFi is transforming how immigrant communities access financial services, starting with international remittance and payments to ease financial hurdles - The platform enables diaspora communities in Europe and North America to move money reliably and affordably to emerging markets, including China, India, Kenya, Nigeria and Pakistan - Since its launch in 2021, LemFi has grown to over one million customers and recently crossed $1 billion in monthly transaction volume , the 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, Endeavor Catalyst and Y-Combinator.
The new round brings LemFi's total capital raised to $85 million to date.
Founded in 2021, LemFi is building the trusted financial services platform for immigrant communities worldwide.
Starting with payments and remittances, LemFi enables usersto open multi-currency accounts and send and receive money globally, reliably and at a low cost.
