LemFI in Kenya: CBK approves its remittance services

LemFI in Kenya: CBK approves its remittance services
LenFi, which parent company is RightCard Payment Service Limited, has received approval (Licence) from the Central Bank of Kenya (CBK) to operate remittance services in the country. The launch of LemFI Remittance in Kenya is part of RightCard's mission to offering secure and efficient cross-border payment services to over 500,000 Kenyans living abroad. The Central Bank of Kenya (CBK)'s Remittance Licence will allow LemFI to prioritize directing its resources and efforts towards delivering secure and efficient payment services, all while also maintaining compliance with the CBK's regulatory framework. Furthermore, LemFI is partnering with Wapi Pay to make the remittance services come to live. LemFI in Kenya LemFi , formerly Lemonade Finance, is a financial technology (fintech) app offering digital banking remittance and financial services to Africans in the diaspora. In other words, LemFI is a mobile app that allows seamless and efficient way to send money back home. With LemFI…

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