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Big SCOOP! 🚨 LemFi has acquired Pillar, a UK-based fintech startup that provides credit cards to immigrants. This move comes after LemFi's $53M Series B raise in January to transform financial services for immigrants. The acquisition will enable LemFi launch credit cards

🇳🇬 Fintech LemFi (🇬🇧 HQ) just acquired UK credit card startup Pillar (which raised $~17M pre-seed in 2022). This helps LemFi tackle a big problem immigrants face: access to credit — and will roll out a credit card product to its 2 million customers. semafor.com/article/06/16/…

Some acquisitions just make sense, and this is one of them. LemFi is solving a huge pain point for immigrants moving to the UK. Building credit is vital to Western culture, and this acquisition will give immigrants a path to accessing essential services.

This is a huge game changer for us as a community. 🎉🎉🎉🎉🎉🎉🎉

🟡SCOOP from Alexander Onukwue African remittance startup LemFi buys UK card issuer Pillar semafor.com/article/06/16/…

I just applied for LemFi Credit. This is really good.

See more details from @uselemfi’s latest acquisition. Is this a game changer or what?

Congrats on this bold play bro. More wins. 🙏🏽

LemFi acquires Pillar to strengthen 'Credit' access offering for immigrants - technext24.com/0r3z

Bashorun Okunrin Ogun 🙌🏾🙌🏾🙌🏾

Big move from our portfolio company LemFi! They have acquired UK fintech Pillar, becoming the first major remittance platform to offer credit as a core product—a game changer for immigrant finance. Congrats Bashorun Okunrin Ogun & team! More via Semafor: bit.ly/4n9X4zQ

For someone who had to walk away having watched OPay execs take away credit (and even stock options) he’d earned, it's fair to say Ridwan Olalere struck quite the comeback with LemFi. And, apparently, it's about to get even more ballsy. Today, having shaken hands in May, word

PARTNER: LemFi LemFi has officially announced their acquisition of London-based Credit Fintech, Pillar. The deal, already approved by the FCA, will see LemFi inherit Pillar's Tech and License. Pillar's co-founders and Revolut Alumni, Ashutosh Bhatt and Adam Lewis will also

Deadline has been extended. If you are a founder or you know a founder, share this with them. techcircle.ng/pitch2win-5

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