Central Bank of Kenya Approves LemFi Remittance Services

Revolutionizing Remittances

RightCard Payment Services Limited, operating under the brand name LemFi, has achieved a significant milestone with the approval of its remittance services by the Central Bank of Kenya (CBK). This approval underscores LemFi's commitment to providing secure and efficient international payment solutions while adhering to regulatory standards.

Seamless Remittances for Kenyans in the Diaspora

LemFi's approval by the CBK is a testament to its dedication to serving the needs of Kenyans living abroad. With over 500,000 Kenyans in the diaspora, LemFi aims to streamline the remittance process and offer a seamless experience for sending money back home.

Fast, Secure, and Cost-Effective

LemFi offers a mobile app designed specifically for Kenyans in the diaspora, enabling them to send money to their loved ones in Kenya with unparalleled ease. Users in the United Kingdom, the United States of America, and Canada can transfer funds within minutes directly to M-PESA, Mobile Money, and Bank Accounts, all at competitive exchange rates and with zero transfer fees.

Leveraging Technology for Financial Inclusion

By harnessing the power of technology, LemFi is revolutionizing the remittance landscape, making it more accessible and affordable for Kenyans abroad. Through its user-friendly app, LemFi empowers individuals to send money securely and efficiently, contributing to financial inclusion and economic development in Kenya.

Compliance and Regulatory Standards

LemFi's approval by the Central Bank of Kenya highlights its commitment to compliance and regulatory adherence. By obtaining regulatory approval, LemFi ensures that its operations are transparent, accountable, and in line with the regulatory framework set forth by the CBK.

Looking Ahead: Empowering the Diaspora

With the approval from the CBK secured, LemFi is poised to expand its reach and enhance its services for Kenyans in the diaspora. By continuing to innovate and collaborate with strategic partners like Wapi Pay, LemFi aims to strengthen its position as a leading provider of remittance solutions, empowering the diaspora to support their families and contribute to Kenya's economic growth.