Business

Fintech startup, LemFi, raises $33 million in series A funding 

A fintech startup that is transforming financial services for immigrants, LemFi, has raised a $33 million Series A round led by Left Lane Capital. 


The funding round also had participation from other investors, which include Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree. 


Founded by Ridwan Olalere and Rian Cochran in 2020 to solve immigrants’ challenge of lack of access to financial services, LemFi, formerly known as Lemonade set out to build a platform that empowers the next generation of immigrants.