LemFi
An international money transfer service for immigrants and diaspora communities, enabling low-cost remittances from the UK, Europe, and North America to 30+ countries.
LemFi Product Overview
Is LemFi Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- Diaspora senders abroad
- Families receiving money
What It Does Well
- Fast money transfers
- Competitive exchange rates
Things to Check
- Payout countries list
- Cash pickup options
About LemFi
LemFi is a fintech international money transfer service for immigrants and diaspora communities sending money from the UK, Europe, and North America to recipients in emerging markets.
Key capabilities include:
- Cross-border transfers to 30+ countries, including Nigeria, Kenya, Pakistan, India, and China
- Competitive exchange rates designed for low-cost remittances
- Fast settlement, with transfers typically completed in minutes to bank accounts or other supported payout methods
- USD and GBP global accounts (Nigeria) for users who need foreign-currency account options
Available on Web, Android and iOS.
It targets B2C users, especially immigrants and diaspora communities who need dependable remittances to Africa and parts of Asia.
Notable context: founded in 2021, it has expanded its corridor coverage (including moves into markets such as Egypt), participated in Y Combinator (Summer 2021), and has reported major funding (including a $53M Series B). It also holds multiple US money transmitter licences and has partnered with Visa and ClearBank, reflecting its focus on regulated cross-border payments for African and global south corridors.
LemFi Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. How we source dataAs of Oct 5, 2026, LemFi is rated 4.8 on the App Store from 73.8K reviews and 4.6 on Google Play from 63.2K reviews with 1M+ installs.
Recent Reviews for LemFi
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LemFi Funding History
Liners compiles funding history from company announcements, investor records, and trusted reporting. We refresh it as new rounds are confirmed. How we source dataLemFi has raised $99.9M across 7 recorded funding events. The latest was Venture (Round not Specified) in May 2026.
- Total Raised:
- $99.9M
- Latest Round:
- Venture (Round not Specified)
LemFi Investors & Funding Rounds
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LemFi Founders & Leadership Team
Liners compiles leadership profiles from official company pages, professional profiles, and trusted public sources. We refresh them as teams change. How we source data
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Latest LemFi News & Updates
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Jobs at LemFi
| Title | Posted |
|---|---|
| Senior Growth Manager - LATAM | Sep 25, 2026 |
| Head of Credit Finance | Sep 22, 2026 |
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Frequently Asked Questions About LemFi
LemFi is an international payments platform that enables immigrants and migrants to send money across borders. You can open a multi-currency account, send money to 30+ countries, and receive funds globally at low costs.
LemFi pricing varies by transaction and destination; it advertises flat-rate fees for transfers and low or zero fees for some transfers depending on the corridor.
LemFi supports international transfers across countries in Africa, Asia, Europe, and South America, with sending corridors from countries including the US, UK, Canada, Australia, and parts of Europe.
Users can sign up by downloading the LemFi app, registering with their phone number and personal details, completing identity verification, and setting up their account.
Yes, LemFi has a mobile app available on iOS (App Store) and Android (Google Play Store).
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