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Originally published by Tech Arena
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June 16, 2025
2mo ago

LemFi Acquires Pillar to Launch Credit Cards for Immigrants in the UK

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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