LemFi raises $32.0M Series B (Nigeria, May 2026)

$32.0M
€30M Series B extension
Generated social card
LemFi social card
Headline

Nigeria’s LemFi eyes €30M Series B extension as diaspora fintech expansion gathers pace - The African Exponent

About

LemFi is a fintech startup that helps immigrants send money across borders faster and at lower costs than traditional remittance services. It primarily serves African diaspora communities sending money to countries like Nigeria, Ghana, and Kenya. The company is expanding its cross-border payment infrastructure and has processed over $1 billion in monthly transaction volume.

Article summary

Nigeria’s LemFi eyes €30M Series B extension as diaspora fintech expansion gathers pace  The African Exponent

Founder
Ridwan Olalere
Ridwan Olalere
Co-founder
Investors
Related rounds
Jul 25, 2026TTYBrand Africa$7.0MNigeria
Jul 23, 2026$350KGrantNigeria
Jul 22, 2026Codar$1.5MDebtNigeria
Jul 20, 2026$254.0MNigeria
LemFi raises $32.0M Series B (Nigeria, May 2026) | Datapile