Series B Round

UseLemfi'a is a fintech platform that aims to provide seamless international payment solutions, particularly targeting the Global South diaspora. The platform allows users to send and receive money globally with minimal fees, making it easier for individuals to manage their finances across borders. With over 1 million customers, UseLemfi'a is committed to enhancing financial inclusion and providing affordable remittance services. The recent funding will be used to expand its services into new markets and enhance its technology infrastructure. The funding round was led by Highland Europe and marks a significant milestone in UseLemfi'a's growth trajectory, bringing its total funding to $85 million. The company is also backed by Silverbacks Holdings, a venture capital firm focused on supporting innovative startups.