Central Bank of Kenya approves LemFi Remittance to Kenya, in partnership with Choice Microfinance Bank.

Remittances:

Central Bank of Kenya approves LemFi Remittance to Kenya, in partnership with Choice Microfinance Bank.

RightCard Payment Service Limited, trading as LemFi, is pleased to announce that it has received additional approval from the Central Bank of Kenya (CBK) to operate its remittance services into Kenya.

The leading international payment services startup offers low-cost, reliable and competitive international payment services to residents in the United States, Canada, the United Kingdom, and Europe, allowing them to send money to Kenya and other countries in Africa, Asia, Latin America, and Europe.

The partnership continues RightCard Payment Services Ltd’s dedication to providing its services while complying with the set regulatory frameworks by the Central Bank of Kenya.

Since its founding, LemFi has supported over 2 million customers in the United States, the United Kingdom, Canada, and Europe. In January 2025, LemFi secured K sh 6863.5 Million (M) ($53 M) in Series B funding, bringing its total funding to over K sh 11137 M ($ 86 M), which involved some leading to investors, including Highland Europe, LeftLane Capital, Endeavour Capital, and Y Combinator.

For further information and updates, please visit www.lemfi.com or contact legal@lemfi.com