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LemFi logo — International Payments for everyone. Send money to friends a...

LemFi

International Payments for everyone. Send money to friends and family in 20+ countries.

Founded 2020 United States Oakland, United States 266 employees Series B Total: $86.85M Financial Services, Fintech +1

General Information

Company Name LemFi
Founded Year 2020
Location United States Oakland, United States +1
Employees 266
Industries Financial Services, Fintech, Banking
Funding Stage Series B
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About LemFi

LemFi is a startup founded in 2020 with the slogan "International Payments for everyone. Send money to friends and family in 20+ countries." It operates in the industries of Financial Services, Fintech, and Banking with its headquarters in the United States. The company recently received a significant $53.00M Series B investment on 14 January 2025. The investment was led by Left Lane Capital, with participation from prominent investors including Y Combinator, Highland Europe, Endeavor Catalyst, and Palm Drive Capital. LemFi aims to provide accessible international payment solutions, catering to a wide range of individuals and families across borders.

Taxonomy: international payments, cross-border transactions, personal banking, business banking, money transfer services

Services & Products

International money transfer
Global accounts
Currency conversion
Request money

Target Customers

Immigrants individuals with cross-border financial needs

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 5
Investor Investor Investor Investor Investor
14 Jan 2025
Series A •••••• 6
Investor Investor Investor Investor Investor Investor
24 Aug 2023
Seed Round •••••• 1
Investor
01 Jul 2022
Pre Seed Round •••••• 3
Investor Investor Investor
01 Nov 2021
Pre Seed Round •••••• - 27 Aug 2021

Latest News

View All
Inside LemFi’s play to be fintech to the Global South diaspora — Techcrunch
Inside LemFi’s play to be fintech to the Global South diaspora
Techcrunch Apr 17, 2024
Fintech startup LemFi raises $53M to help immigrants send money back home — Thenextweb
Fintech startup LemFi raises $53M to help immigrants send money back home
Thenextweb Jan 15, 2025
From Lagos to Munich: 5 acquisitions and 1 exit – African startups expanding into Europe — Eu-startups
From Lagos to Munich: 5 acquisitions and 1 exit – African startups expanding into Europe
Eu-startups Sep 26, 2025
LemFi Co-founder and CEO Ridwan Olalere joins the EU-Startups Summit 2026 in Malta! — Eu-startups
LemFi Co-founder and CEO Ridwan Olalere joins the EU-Startups Summit 2026 in Malta!
Eu-startups Mar 20, 2026

LemFi Alternatives & Competitors

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FAQ About LemFi

International Payments for everyone. Send money to friends and family in 20+ countries.
LemFi was founded in 2020.
LemFi is headquartered in Oakland, United States.
LemFi operates in the following industries: Financial Services, Fintech, Banking.
LemFi has approximately 266 employees.
LemFi has completed 5 funding rounds, raising a total of $86.85M. The latest funding stage is Series B.
LemFi offers: International money transfer, Global accounts, Currency conversion, Request money.
Top alternatives and competitors to LemFi include Union Bank of Nigeria, Mashreq, Global Innovations Bank, Glenwood State Bank/Frontier Savings Bank, Community National Bank. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
LemFi and Union Bank of Nigeria are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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