Top 10 acquisitions in 2025

A curated analysis of the 10 most impactful acquisitions of 2025 across African fintech, mobility, proptech, telecoms, and software markets.

LemFi launches multi-currency (USD and GBP) accounts available to users in Nigeria

Through LemFi, Nigerians can now open USD and GBP accounts. This opens up a new market for the startup while intensifying competition.

Top remittance apps Africans abroad are using in 2025

Looking for the best remittance apps in 2025? Compare Africhange, LemFi, NALA, Wise, and WorldRemit for the best rates, speed, and reliability.

LemFi powers remittance to the Philippines with GCash partnership

LemFI announces remittance to the Philippines' leading mobile wallet, GCas,h which boasts 94 million users. Here are the details.

Pesa acquires UK EMI, Authoripay Emoney to begin Europe expansion

At the end of 2024, Pesa completed the acquisition of Authoripay Emoney Ltd, a UK FCA-licensed e-money issuer (EMI). Here is what it means.

LemFi acquires UK card issuer, Pillar to offer credit to immigrants

LemFi acquires UK-based Pillar to launch migrant credit cards, expanding beyond remittances and fast-tracking financial inclusion for immigrants.

LemFi raises $53 million Series B to fuel European and Asian expansion

LemFi will leverage this funding to expand its service offerings, scale its payment network licenses and partnerships globally, enabling hyper-localised service delivery.

BREAKING: LemFi expands to Europe. The journey so far.

LemFi, a fast-growing remittance startup with over 1M customers, and more than $33M in disclosed funding has expanded to Europe. Here is the journey so far.

LemFi Expands its International Payment Services to Brazil and Mexico

LemFi launches Latin America services from the US, UK & Canada, offering the best exchange rates, zero transaction fees and within minutes transactions.

Bank of Ghana approves RightCard (LemFi) to operate remittances to Ghana

RightCard Payment Services Limited (LemFi) announces that it has obtained approval from the Bank of Ghana (BoG) to resume its remittance services to Ghana.

LemFi surpasses 550,000 monthly transactions with UK BaaS partner, ClearBank

UK-headquartered ClearBank powers 37,000 virtual accounts/e-wallets for LemFi's customers. In September 2023, LemFi hit 550,000 transactions in a month, according to a statement seen by thecondia.com.

RightCard (Lemonade Technology Inc. subsidiary) secures IMTO license from the Central Bank of Nigeria

RightCard Payment Services Limited, a Lemonade Technology Inc. subsidiary, has announced that it has obtained an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN).