LemFi raises €30m in Series B funding extension to expand its financial platform.
The fintech app is securing fresh capital following a previous $53m Series B round backed by Highland Europe.
≈ £26.0M at €1 = £0.8661 on 13 May 2026
LemFi operates a financial technology application tailored for immigrants and global citizens, facilitating cross-border payments and financial services across multiple markets.
LemFi is raising €30m in a Series B funding extension, according to reports. The latest capital injection builds upon a previous $53m Series B round closed in January 2025. Founded in 2021 by Ridwan Olalere and Rian Cochran, the company provides financial services to over two million customers across the US, UK, and Canada.
The business has recently expanded its capabilities through strategic acquisitions, including Bureau Buttercrane and British credit fintech Pillar. These moves secured regulatory permissions from both the Central Bank of Ireland and the Financial Conduct Authority, strengthening the company's position as it moves beyond traditional remittances.
