LemFi Taps BVNK for Stablecoin-Powered Cross-Border Payments

Founded in 2021 as a remittance specialist, LemFi has expanded into payments, credit, savings, connectivity and investing for people who live and work across borders. The London-headquartered company serves more than 2 million customers in the UK, Europe, North America and Australia, supporting transfers to over 30 markets across Africa, Asia, Europe and Latin America. It has raised more than $85 million. The tie-up matters because stablecoins can bypass banking-hour delays, costly prefunding and layers of intermediaries while remaining invisible to retail users.

On July 21, 2026, LemFi said it would move cross-border settlement onto BVNK’s regulated stablecoin infrastructure. Value will travel behind the scenes over stablecoin rails and be paid out in local currency, leaving the LemFi app experience unchanged and requiring customers neither to hold crypto nor leave their own currency. The rollout will proceed corridor by corridor where central-bank and regulatory rules allow. BVNK holds more than 25 licences and regulatory approvals across the UK, Europe and the US and reaches over 130 countries; the partnership follows LemFi’s £100 million UK investment commitment.