Company profile
Lemonade Technology Limited
Lemonade Technology Limited, operating under the brand name LemFi, is a financial technology company that specialises in cross-border payments and remittance services for immigrant communities. The company was founded in 2020 by Ridwan Olalere and Rian Cochran and is based in London, United Kingdom. Lemonade Technology Limited is a private limited company. The company was formerly known as Lemonade Finance and rebranded to LemFi in May 2023. The platform enables users to send, receive, hold, convert, and save money in multiple currencies across both their country of origin and country of residence.
- Sector
- Financial services / Cross-Border Payments
- Markets
- Nigeria, Morocco, Mali, Liberia, Kenya, Ghana, Gabon, Egypt, Cameroon, Burkina Faso, Benin, Togo, Ethiopia, Republic of the Congo, Uganda, Tunisia, Tanzania, Senegal, Rwanda
- Founded
- 2020
- Ownership
- Private
- Stage
- Scale-up
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 18 May 2026 | Tether's investment in LemFi's operations | Venture Capital | Undisclosed | Rwanda |
Source: Partner Researchers.