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Originally published by Tech Arenatech
June 16, 2025
1y ago
LemFi Acquires Pillar to Launch Credit Cards for Immigrants in the UK
LemFi has announced the acquisition of Pillar, a UK-based fintech focused on credit access for immigrants. As a result of this acquisition ..
✨ Key Highlights
LemFi has acquired Pillar, a UK-based fintech, to launch specialized credit cards for immigrant communities.
- £13M ($16.9M) raised by Pillar in 2022 to develop credit access for immigrants.
- Ridwan Olalere, co-founder and CEO of LemFi, emphasizes the vision of building a full-stack financial service for immigrants.
- LemFi has already assisted over 2 million customers in various countries and recently secured $53 million in Series B funding.
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Business Innovations and Acquisitions
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