Wednesday
January 15
2025

Nigerian Fintech Lemfi Secures $53 Million Series B Funding to Drive European Expansion

Lemfi, a remittance platform catering to African immigrants across 22 countries, has announced raising $53 million in a Series B funding round.

This capital injection will facilitate its planned expansion into Europe, including the acquisition of a European firm to support independent operations in the region.

Photo courtesy of WorldRemit Comms.

Source: Empower Africa (link opens in a new window)

Categories
Finance, Technology
Tags
financial inclusion, fintech, migrants, remittances