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CBK approves LemFi, Choice Microfinance Bank remittance partnership
Sponsored by LemFi
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 start-up 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. (See the CBK approval here).
Since its founding, LemFi has supported over two million customers in the United States, the United Kingdom, Canada, and Europe. In January 2025, LemFi secured $53 million in Series B financing, bringing its total funding to over $ 86 million, which involved some leading investors, including Highland Europe, LeftLane Capital, Endeavour Capital, and Y Combinator.
