LemFi
May 2026 · NigeriaActivity : Money transfer and remittances
Instrument : Strategic equity stake (amount not disclosed) and integration of USDT as a settlement rail
Diaspora remittances to Africa and Asia.
Why they invested
- Stablecoins as a remittance settlement rail
Source : theblock.coN2 · Cross-checked (2+ outlets) · Other sources : FinSMEs