LemFi raises €47.7M Series B round
14 January 2025· London, United Kingdom· finance, fintech, cross_border_payments, remittances, mobile_payments, b2c, pure_software
The company will use the funding to expand its platform and hire new staff, extend financial services, scale payment network licenses, and expand into new markets including Europe through the acquisition of a European firm, and to acquire more licenses and partnerships as it expands its offerings to include localised services for customers.
Investors
LeadHighland Europe
Also participating
Y CombinatorLeft Lane CapitalEndeavor CatalystPalm Drive Capital
About LemFi
Stage
Series B
Headquarters
London, United Kingdom
Founded
2020
Team Size
201–500
Sectors
financefintechcross_border_paymentsremittancesmobile_paymentsb2cpure_software
Source: https://fintechfutures.com/2025/01/lemfi-lands-53m-series-b-to-tap-new-markets/