From left, Chief Executive Officer, Pesa Swap Chris Munyasya, Country Manager, LemFi Kakea Mbacha and content creator Tim

LemFi, a cross-border payment solution, has officially launched its services in Kenya, offering innovative solutions in the international money transfer market. With zero fees for transactions and a focus on providing the best forex rates, it aims to revolutionize the way Kenyans living abroad send money back home. In this article, we will explore the features and benefits of LemFi, its target audience, strategic partnerships, and the company’s commitment to empowering its customers.

Founded in 2020 as Lemonade Finance, LemFi is dedicated to empowering the diaspora community. The company’s mission is to simplify the process of sending money to 10+ countries through its user-friendly mobile app. The fintech says the decision to rebrand as LemFi reflects the company’s vision to differentiate itself in the financial services landscape and better serve its expanding community.

Zero Fees for Transactions at the Best Forex Rates

The fintech sets itself apart from other money transfer service providers by offering zero fees for transactions. Customers in the United Kingdom, United States, and Canada can access the LemFi app, which allows them to send funds directly to the bank and mobile money accounts without incurring any charges. By eliminating transaction fees, LemFi provides an affordable solution for sending money back home.

Targeting the Kenyan Diaspora Community

The company is specifically targeting the Kenyan diaspora community, aiming to serve over 500,000 Kenyans living outside the country. The United States, United Kingdom, and Canada are among the most popular destinations for Kenyans abroad. The company recognizes the strong connections these individuals maintain with their families, businesses, and friends back home and seeks to facilitate seamless money transfers to support these relationships.

Multiple Currency Options for Customers

To cater to the diverse needs of its customers, the international money transfer fintech offers multiple currency options. Through various wallets available on the app, customers can open and deposit money in different accounts denominated in different currencies. The app supports currencies such as USD, GBP, CAD, and even Kenya Shillings. Customers can easily switch between currencies depending on their transaction requirements, providing them with flexibility and convenience.

The Partnership with Pesa Swap

The fintech’s operations in Kenya are supported by a strategic partnership with Pesa Swap, a local online and mobile payment solutions company based in Nairobi and the United Kingdom. Pesa Swap specializes in providing locally relevant and alternative payment methods for global, regional, and local merchants. This partnership ensures seamless integration of the company’s services with the local financial ecosystem, further enhancing the accessibility and convenience of money transfers.


Empowering Kenyans with Affordable Money Transfer Services

The startup aims to empower Kenyans in the diaspora by providing them with affordable money transfer services. The company’s commitment to offering zero fees reflects its dedication to ensuring that Kenyans can send money home instantly and at the best forex rates. By eliminating barriers such as high transaction costs, LemFi enables a steady flow of remittances, which contributes to the economic well-being of individuals and communities in Kenya.

Customer Feedback and Continuous Improvement

The fintech values the feedback and insights of its customers. The company actively seeks direct feedback to improve its products and services continually. Through initiatives like the partnership with the Stoke UK Diaspora SACCO, LemFi engages with customers, allowing them to share their experiences and suggestions for enhancing the user experience. This customer-centric approach ensures that LemFi stays in tune with the needs and expectations of its user base.

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Blessed Njugush: The Face of LemFi

LemFi has enlisted the support of talented comedian Blessed Njugush as its brand ambassador. Njugush will collaborate closely with fintech to promote its services and products among the Kenyan diaspora. With his influential voice, Njugush will contribute to LemFi’s marketing campaigns and initiatives, further increasing awareness and adoption of the platform within the target audience.


Bumped into @Blessednjugush today and you know I had to ask hime the age old question!

♬ original sound – Nigel Jr


Download the LemFi App and Get 10% Off

The app is available for download on the iOS Store and Google Play Store. Kenyans residing in the United Kingdom, United States, and Canada can use the LemFi app to send money home at the best rates, instantly and without incurring any fees. To make the first transaction even more rewarding, customers can use the code KAKITU during signup to receive a 10% discount.


In the ever-evolving landscape of fintech, I feel it is natural to approach the launch of a new player like LemFi with cautious optimism. The history of the industry is filled with examples of companies that have burst onto the scene, raised funds, pivoted, and ultimately shuttered their operations. It is too early to definitively label LemFi as just another fintech without a long-term plan, as only time will reveal the true potential and sustainability of their business model. However, it is crucial to keep a watchful eye on their progress, their ability to adapt to market dynamics and their commitment to customer needs. Hopefully, they possess the necessary foresight and resilience to thrive in the competitive fintech arena.


1. How does LemFi differentiate itself from other money transfer service providers?

LemFi sets itself apart by offering zero fees for transactions, providing the best forex rates, and supporting multiple currency options.

2. Who can access LemFi’s services?

Customers in the United Kingdom, United States, and Canada can access LemFi’s services through the mobile app.

3. Can customers send money directly to bank accounts and mobile money accounts?

Yes, LemFi allows customers to send funds directly to both bank accounts and mobile money accounts.

4. How can customers change their Kenya Shillings to other currencies?

LemFi provides a Kenya Shillings wallet setup, allowing customers to easily convert their local currency to other currencies like USD, GBP, and CAD.

5. How can customers download the LemFi app and receive a discount?

Customers can download the LemFi app from the iOS Store or Google Play Store. By using the code KAKITU during signup, customers can receive a 10% discount on their first transaction.

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Nigel Jr.
As a tech enthusiast and expert, Nigel Jr. is dedicated to providing in-depth and insightful content on all things technology. With a background in online journalism, product reviewing, and tech creation, Nigel has become a trusted source for all things tech.

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