LemFi Secures $53M Series B to Drive Global Remittance Expansion

Written By: Flipbz.org

In January 2025, LemFi closed a $53 million Series B round led by Highland Europe, with participation from Y Combinator, Left Lane Capital, Palm Drive Capital, and Endeavor Catalyst The funding pushes LemFi’s total capital raised to approximately $85 million. With more than one million active users and over $1 billion in monthly transaction volume, the startup is scaling its global remittance service across 27 send-from and 20 send-to countries.

LemFi plans to expand into European markets and reinforce its cross-border payment infrastructure, aiming to make seamless diaspora transfers a core financial service. This round reflects investor confidence in LemFi’s ability to serve large, underserved customer segments and to replicate its model across regions with high remittance flows