Financial platform for African immigrants to send money and handle expenses.
Auto-discovered — editorial review pending
Lemfi is a financial platform designed for African immigrants. Its mobile app allows users to send money to Africa with lower fees than traditional services, often charging little to no fees compared to the industry average. By 2024, Lemfi had processed over $500 million in transactions and expanded its services to support remittances to 25 African countries across Europe, the Americas, and Africa. It also offers bill payments and airtime top-ups.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Mar 25, 2025 | $53.0M | — | |
| Jan 17, 2025 | $53.0M | — | |
| Aug 28, 2023 | $33.0M |