LemFi Teams with BVNK for Faster, Cheaper Cross-Border Settlements

LemFi, a financial platform serving people who live and work across borders, has partnered with BVNK to overhaul its cross-border settlement layer. The agreement will shift LemFi's settlement onto BVNK's regulated stablecoin infrastructure, allowing value to move between markets almost instantly at a much lower cost.

The change happens entirely behind the scenes, meaning the customer experience within the LemFi app remains untouched. Funds are routed over stablecoin rails and then disbursed in local currency at the receiving end, with users never holding crypto or leaving their own currency.

LemFi was founded in 2021 as a remittance specialist and has grown into a full-stack financial platform covering payments, credit, savings, connectivity, and investing. It serves more than two million customers across the UK, Europe, North America, and Australia, sending money to over 30 markets in Africa, Asia, Europe, and Latin America.

BVNK runs a compliance-first platform with over 25 licenses and regulatory approvals across the UK, Europe, and the US, with reach in over 130 countries. It powers stablecoin payments for major global enterprises.