African remittance startup LemFi buys UK card issuer

semafor.com/article/06/16/2025/african-remittance-startup-lemfi-buys-uk-card-issuer

The Scoop
An Africa-born remittance provider for migrants in the UK, Canada, and Europe has acquired British credit card issuer Pillar, to tap into the remittances boom and immigrants’ need for financial services.
The acquisition, completed in May, will enable the UK-headquartered LemFi…

This story appeared on semafor.com, 2025-06-16 09:30:06.
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