Nigerian-owned fintech Lemfi Raises $33 Million in Series A

Lemfi, is an Africa-focused remittances platform that allows immigrants to send, receive, hold, convert and save money in the currencies of both their country of origin and country of residence. Here are the details of Lemfi’s latest Series A funding :

🏭 Sector

Fintech

🧠Management

Ridwan Olalere

💸 Funding & Investors

  • Investment : $33 Million, Series A (August 2023)
  • Investors : Left Lane Capital, Y-Combinator, Zrosk, Global Founders Capital, Olive Tree.

🎯 Funding purpose

Product expansion offering to the United States, Europe, the Middle East, and Asia, as well as innovating on new product offerings.

🌐 Country HQ

USA

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