CrossBorderPayments Archives - Business Trends Africa

Tag: CrossBorderPayments

The Evolving Landscape of Cross-Border Payments in Africa

BTA2023
January 20, 2025
21

The “Japa” trend, a term popularized to describe the increasing migration of Africans to the Western world, is reshaping the cross-border payments ecosystem in Africa. With more people relocating abroad, the demand for reliable and

Business

Lemfi Secures $53 Million to Expand European Footprint and Accelerate Global Growth

BTA2023
January 16, 2025
26

Lemfi, a remittance startup serving African immigrants in 22 countries, has raised $53 million in a Series B funding round, setting the stage for its expansion into Europe. The funding, led by Highland Europe, marks