Transaction

LemFi acquires Wealth8

Announced

2 July 2026

Target

Wealth 8 Limited

Value

Undisclosed

Asset class

Venture Capital

Type

Merger/Acquisition(M&A)

Instrument

Ordinary Shares (Equity)

Lead investors

Pomelo Technology US Inc.

Investors

Pomelo Technology US Inc.

Sector

Financial services / Equities, Mutual Funds

About the target

Wealth 8 Limited s a United Kingdom-based wealthtech and digital investment platform specialising in wealth management for the African diaspora and underserved multi-ethnic communities. Established in 2020, the company provides mobile-based investment solutions including General Investment Accounts (GIAs), Stocks and Shares Individual Savings Accounts (ISAs), Junior ISAs (JISAs), and access to global index fund portfolios managed by asset managers such as BlackRock and J.P. Morgan Asset Management. Wealth 8 Limited maintains its primary regulatory presence in the United Kingdom as an FCA-authorised investment firm, enabling users to begin building portfolios with minimum contributions from £8.