Central Bank Of Kenya Approves LemFi Remittance To Kenya In Partnership With Wapi Pay

LemFi has received approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.

This move continues RightCard’s dedication to providing secure and efficient services while complying with the set regulatory framework by the Central Bank of Kenya.

It is a significant step in LemFi’s promise of seamless international payments to the over 500,000 Kenyans in the diaspora.

LemFi is a mobile app that provides Kenyans in the Diaspora with a seamless and efficient way to send money back home. Kenyans in the United Kingdom, the United States of America, and Canada can send money within minutes directly to M-PESA, Mobile Money, and Bank Accounts at the best exchange rates—all at zero transfer fees.

Customers in the United Kingdom, United States, and Canada can access the services by downloading the LemFi app which enables them to send funds directly into the bank and mobile money accounts at zero fees. The app also supports the use of multiple currencies through various wallets that customers can open and deposit money in different accounts.

The LemFi app also provides a Kenya Shillings wallet setup in which customers can open and fund their accounts via mobile money. Once open, the customer can easily change their Kenya Shillings to other currencies like USD, GBP & CAD depending on their transactions.

LemFi is targeting over 500,000 Kenyans living outside the country, with the United States, United Kingdom, and Canada being among the most popular destinations. Through its expansive set of fintech offerings, LemFi aims to provide Kenyans the ability to seamlessly send money to family and friends back home instantly at the best forex rates.

Prospective customers can download the app from the Apple AppStore or Google Play Store or by visiting www.lemfi.com.

Read Also: A New Platform To Help Kenyans Sent Diaspora Remittances For Free Launched