LemFi acquires Wealth8 to expand into wealth management and investment service

Sponsored by LemFi

LemF has secured approval from the UKʼs Financial Conduct Authority for its acquisition of investment platform Wealth8.

Photo credit: Lemfi

What you need to know:

LemFi has received FCA approval to acquire Wealth8, an FCA-regulated UK investment platform, clearing the way to bring investing and long-term wealth-building into its ecosystem.
The move expands LemFiʼs financial-life offering: from sending money across borders, to saving money, to accessing credit, to growing wealth where people live.
Investing is one of the UKʼs principal engines of long-term wealth, yet many communities remain underserved even as the wealth gap widens.