About
A Nigerian remittance and payments firm that has provided significant returns for investors, highlighting the fintech sector's potential.
News published about LemFi

Why early-stage VC Microtraction is worried about the African tech ecosystem
Techpoint Africa - Feb 25, 2026
Microtraction raises concerns about the declining quality of talent in Nigeria's tech ecosystem. The firm has invested in over 70 startups, refining its criteria for selecting founders.

LemFi Secures $53M to Expand Fintech Services Beyond Africa
Tech In Africa - Dec 24, 2025
LemFi raised $53 million in Series B funding led by Highland Europe. The company processes $1 billion in monthly transactions, with a 30% growth rate in Asia.

MTN era ends as Guinea assumes 100% ownership of Areeba
Techpoint Africa - Dec 17, 2025
Guinea has officially taken full control of Areeba, making it a state-owned telecom operator. MTN's exit from Guinea was a lengthy process involving regulatory disputes and pressure from authorities.

Are African innovators doomed to sell airtime?
Techpoint Africa - Dec 17, 2025
LemFi announced the launch of multicurrency accounts for users in Nigeria. The startup aims to support freelancers and digital entrepreneurs needing to receive international payments.

Digital Nomads: Aderohunmu on what African talent needs to be hired globally
TechCabal - Dec 13, 2025
Adebayo Aderohunmu transitioned from sociology to Human Resource Management, ultimately joining the tech industry during the COVID-19 pandemic. He worked at Reliance Health, where he was inspired by the company's mission to use technology to improve healthcare in emerging markets.
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