Africa Angel Investors Network

Funding Tracker                 


LemFi (Lemonade Finance)

Image

Digital bank for Africans in the diaspora


Location: Nigeria
Website: https://lemonade.finance/
Sector: Fintech
Funding Stage: Venture Round, Pre-Seed, Series A,
Total Funding ($m): 33.86
# of Founders: 2
Founding Year: 2020
Funding Year: 2021
Status: Active
YearAmountStageInvestors
2021$0.13mVenture RoundY Combinator
2021$0.73mPre-SeedY Combinator, Microtraction, Ventures Platform, Acuity Venture, Angel Investors
2023$33mSeries ALeft Lane Capital, Y Combinator, Zrosk Investment Management, Global Founders Capital, Olive Tree Capital
Ridwan Olalere, Rian P Cochran, ,
Venture Round $0.13m
Y Combinator

Pre-Seed $0.73m
Y Combinator, Microtraction, Ventures Platform, Acuity Venture, Angel Investors

Series A $33m
Left Lane Capital, Y Combinator, Zrosk Investment Management, Global Founders Capital, Olive Tree Capital


News
https://techcabal.com/2023/08/24/lemfi-raises-33-million-to-bring-free-remittance-payments-for-global-migrants/