LemFi to Serve Latin American Diaspora with Innovative Financial Solutions

LemFi, a leading financial technology platform, is revolutionizing global money transfers with its innovative services. Currently serving over 1 million customers in the United States, the United Kingdom, and Canada, LemFi facilitates international payments to more than 20 countries across Africa, Asia, and Europe.

In its latest move, LemFi is poised to enter the Latin American diaspora market, beginning with Brazil and Mexico. Each year, thousands of Latin Americans migrate to North America and Europe seeking new opportunities, often facing challenges in accessing reliable, fast, and cost-effective financial services—a gap LemFi aims to fill.

The Latin American region is a major hub for global remittances, with Mexico being the top recipient and Brazil following closely. LemFi addresses this need through its mobile app, enabling users to send money to their home countries within minutes of signing up. The app offers the best exchange rates, various payout methods, and zero transaction fees.

"Since our inception in 2020, we have been committed to reshaping how people move their money internationally," says Rebeca Wignall, LemFi’s General Counsel. "Our expansion to serve the Latin American diaspora underscores our global growth ambitions and our desire to be the choice remittance platform for everyone, everywhere," she concludes.

Source: TechCabal