LemFi: Funding, Investors & Team (Sep 2026)
LemFi offers personal and business banking accounts to users based on their current and native country. The company permits international transactions and enables money transfers to over 20 nations.
LemFi has raised $86.0M across 3 funding rounds on record, the most recent an undisclosed round announced in May 2026.
LemFi Company Profile and Key Stats
Latest funding round on record: May 2026.
LemFi Funding Rounds
1 of 3 rounds was announced without a disclosed amount and is excluded from the total.
LemFi raised $33.0M in a Series A announced in Aug 2023.
1.4 years later, a Series B of $53.0M was announced in Jan 2025.
1.3 years later, an undisclosed round was announced in May 2026 with no disclosed amount.
LemFi Founders and Leadership Team
Contact details for the LemFi team: 2 of 3 have an email address on file, 1 has a LinkedIn profile.
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LemFi Funding FAQs
What does LemFi do?
LemFi offers personal and business banking accounts to users based on their current and native country. The company permits international transactions and enables money transfers to over 20 nations.
How much funding has LemFi raised?
LemFi has raised $86.0M across 3 rounds on record.
When did LemFi last raise funding?
LemFi's most recent funding round on record was announced in May 2026. The amount was not disclosed.
Who founded LemFi?
FundedIQ lists Rian Cochran (Founder), Ridwan Olalere (Founder) at LemFi.
Who is the CEO of LemFi?
Olalere Ridwan is listed as CEO at LemFi.
Where is LemFi headquartered?
LemFi is based in Toronto, Ontario, Canada.
How many employees does LemFi have?
LemFi is in the 51-100 employee band.
About FundedIQ's LemFi Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for LemFi is left off this page rather than filled in.
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