CBK approves LemFi remittance to Kenya in partnership with Choice Microfinance

Published 2 days ago• 1 minute read

Central Bank of Kenya approves LemFi Remittance to Kenya, in partnership with Choice Microfinance Bank

The leading international payment services startup offers low-cost, reliable, and competitive international payment services to residents in the United States, Canada, the United Kingdom, and Europe, allowing them to send money to Kenya and other countries in Africa, Asia, Latin America, and Europe.

The partnership continues RightCard Payment Services Ltd’s dedication to providing its services while complying with the set regulatory frameworks by the Central Bank of Kenya.

Since its founding, LemFi has supported over 2 million customers in the United States, the United Kingdom, Canada, and Europe. In January 2025, LemFi secured $53 million in Series B funding, bringing its total funding to over $ 86 million, which involved some leading investors, including Highland Europe, LeftLane Capital, Endeavour Capital, and Y Combinator.

For further information and updates, please visit www.lemfi.com or contact [email protected]

Source: TUKO.co.ke

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