Business · 2h ago
LemFi Acquires Wealth8 to Add Wealth Management for Cross-Border Users
LemFi, a fintech platform for immigrants and expats, has acquired UK-based Wealth8 after receiving FCA approval. The deal lets LemFi offer investment and wealth management services alongside its existing cross-border payments. Financial terms were not disclosed.
Meridian48 take
The acquisition signals LemFi's ambition to become a full-service financial hub for its niche, but integrating wealth management into a payments app will test execution.
Read the full reporting
LemFi Acquires Wealth8 to Expand into Wealth Management and Investment Services →
ProPakistani
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