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FairMoney is a fintech company that provides a mobile banking platform with digital loans, savings, payments, and other financial services to consumers and merchants in emerging markets.
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LemFi
LemFi provides immigrants with remittances, multi-currency accounts, payments and credit across 30+ countries, serving 2 million+ users and processing $1.5B+ in monthly transactions.
LemFi is a financial technology company serving immigrants with cross-border financial services: remittances, multi-currency accounts, payments, credit and long-term financial growth products. The platform processes more than $1.5 billion in monthly transactions and serves over 2 million users across more than 30 countries. Its remittance product offers fast, low-cost or fee-free transfers, while USD and GBP-domiciled accounts let users hold and manage money across currencies.
The company's technical work spans cross-border payments, remittance technology, multi-currency banking accounts, credit and lending, and the infrastructure behind global money movement. A particular focus is extending credit and lending products to immigrant communities that have typically been unable to access them.
LemFi employs more than 400 professionals, with team members based in more than 20 countries. The company states a mission of improving the financial lives of immigrants by removing barriers to global money movement and financial inclusion. It is backed by investors including Y Combinator, Microtraction, LeftLane and Ventures Platform.