LemFi and ClearBank team together to address international payments challenges

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The partnership between ClearBank, which enables financial institutions to conduct real-time clearing and embedded banking, and LemFi, a prominent fintech platform that is revolutionizing financial services for immigrants, was announced today.

LemFi was founded to offer financial services to the underbanked immigrant population, a significant portion of which had been identified. LemFi’s e-wallet offering in the UK is powered by agency banking services from ClearBank, giving African immigrants a substitute for traditional banking.

With ClearBank’s track record of enabling dependable payments and cutting-edge banking infrastructure that supports local virtual accounts and access to safe UK payment rails, LemFi chose ClearBank as its agency banking partner.

Read More: ClearBank and LemFi join forces to take on the challenges of international payments

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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